Remove Bitcoin Remove CBDC Remove Distributed Ledger Technology (DLT)
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Bitcoin Daily: Italy's Banks Test Digital Euro On DLT

PYMNTS

The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. NTT Data, Project Spunta’s developer, and payment system provider SIA, are participating in the research experiment, Ledger Insights reported.

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Bitcoin Daily: Caymans Introduce Digital Asset Regulatory Framework; Reserve Bank Of Australia To Test CBDC; Huobi Expands Support For Visa And Mastercard

PYMNTS

In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digital currency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release. RBA expects to finish the project at the end of this year.

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

“Today, authorities around the world are grappling with the rise of digital currencies and decentralized finance based on both emerging technologies — particularly various combinations of distributed ledger technology (DLT) and blockchain and advances in traditional centralized systems underpinning finance,” according to the report.

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Central Bank Digital Currencies (CBDCs) in 2024

Clearly Payments

This article covers what CBDCs are, how they have evolved until 2024, their impact on payments, and the future they could shape. What Are CBDCs? A Central Bank Digital Currency (CBDC) is a digital form built on blockchain technology of a country’s fiat currency issued and regulated by the central bank.