CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of bilateral CBDC bridge to facilitate cross-border CBDC transactions of remittances and trade.
Browsing: Cryptocurrency
Cryptocurrency News
Read all the latest updates on cryptocurrency – news, prices, breakthroughs and analysis with emphasis on expert opinion and commentary from the crypto currency community.
Where Is the Cryptocurrency Industry Heading?
AlexaBlockchain provides latest cryptocurrency industry news, updates, trends, opinion and analysis to give a comprehensive view of where the crypto-currency industry heading?
Read More
CBDC is gaining traction as many central banks around the world are exploring and launching their own digital currencies.
The testing allowed central and commercial bank participants to validate its effectiveness and share insights to guide its development.
The growing importance of stablecoins in the financial landscape has been evident in recent years, with major players like National Australia Bank (NAB) taking notice. NAB…
Bitcoin has been praised for its potential to disrupt traditional financial systems and for its potential to enable financial inclusion. However, it has also been criticized for its association with illegal activities and lack of regulation.
The JV combines both blockchain-based infrastructure and digital cash technologies to address the key requirements for CBDC.
TCNH will be deployed on TRON blockchain, where users can obtain, hold, and trade the token.
A select group of customers and merchants – closed user group (CUG) – will take part in the pilot.
EURL is a Euro-backed stablecoin developed by a consortium (Lugh) including retail giant Casino Group.
In the past 2 years, the cryptocurrency market has witnessed tremendous growth, and this trend is expected to continue in the foreseeable future.