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CBDCs
Societe Generale Conducts Blockchain-Based Repo Transaction With French Central Bank
SocGen is claiming bragging rights as the first to conduct an on-chain repo transaction with a European central bank.
Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.
UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform
Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
Swiss National Bank and SDX Delve Deeper Into CBDCs, Tokenized Securities
The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party.
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
The survey said that the 19 central banks in the region are exploring issuing a CBDC and the countries are mainly focused on how CBDCs can enhance financial inclusion and payment system efficiency.
More Central Banks Are Exploring a CBDC, BIS Survey Finds
There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
The Bank of Israel has not decided on issuing a digital shekel, even as it continues its yearslong effort to explore its issuance.
U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC
The bill's prospects in the Senate are unclear, however.
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."
