RBA reports back on CBDC/DLT loan syndication project
A collaborative research project into the use of distributed ledger technology in CBDC loan syndication conducted by the Reserve Bank of Australia in association with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software has demonstrated the potential for significant efficiency gains for businerss customers and market participants.
Fed paper: Central Bank Digital Currency (CBDC) could offer range of benefits and risks
CNBC’s Steve Liesman reports on the Fed’s has issued a paper on a central bank digital currency. But the Fed says it will not proceed without authorization from the White House and Congress.
Boston Fed’s CBDC project
In August 2020, the Federal Reserve Bank of Boston, in collaboration with the Massachusetts Institute of Technology, announced that it would research and test leading technologies to determine design requirements for a US-based central bank digital currency. Jim Cunha, senior vice-president, secure payments and fintech, at the Federal Reserve Bank of Boston, discusses this initiative as well as the wider impact of distributed ledger technology on the financial system.
Jim Cunha, Senior Vice-President, Secure Payments and Fintech, Federal Reserve Bank of Boston
CBDCs Almost HERE! Why This Really Worries Me!
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Cryptocurrencies vs. CBDCs https://youtu.be/Vb1Y760Sazc
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Digital Euro Updates https://youtu.be/uzXSxvPjDxM
Digital ID Development https://youtu.be/uwRSzNTp2ko
Bank Bail Ins Explained https://youtu.be/0Og5-OJ1x1s
Crypto On Central Bank Balance Sheets https://youtu.be/zLCv5fT7QlA
⛓️ Useful Links ⛓️
► CBDC Development Tracker: https://cbdctracker.org/
– TIMESTAMPS –
0:45 CBDCs Explained
4:51 North America
8:21 UK And Europe
12:19 Asia, Middle East, Latin America
16:18 Africa, CBDC Failure
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#CBDCs #Crypto #Fed #ECB
Topical Talk: Crypto-assets, Stablecoins and Central Bank Digital Currency (CBDC) – December 2022
Chris Thompson, Deputy Head of Payments Policy, talks about the rapidly evolving world of digital assets, what makes something money and work the RBA has been doing to research the case for a central bank digital currency in Australia. (This was presented as part of the Topical Talk series, which supports teacher professional development.)