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Brazil will likely have a CBDC ready in 2022, says central bank president

Brazil will likely have a CBDC ready in 2022, says central bank president

The president of Brazil’s central bank said a digital real is likely coming in 2022. In an interview with Bloomberg TV, Roberto Campos Neto told editor Erik Schatzker that a central bank digital currency (CBDC) will be the culmination of other efforts to modernize Brazil’s banking system. Brazil is one of a number of central …

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Federal Reserve Bank of Boston’s Bench says the U.S. ‘better be ready’ for a future digital currency issuance

Federal Reserve Bank of Boston’s Bench says the U.S. ‘better be ready’ for a future digital currency issuance

The Federal Reserve — the U.S. central bank — has no immediate plans to launch a digital currency. But that doesn’t mean it shouldn’t be ready when that day comes, according to Robert Bench, assistant vice president in the secure payments group at the Federal Reserve Bank of Boston. During a recent webinar hosted by …

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Italian Banks Are Ready to Trial a Digital Euro

Italian Banks Are Ready to Trial a Digital Euro

The Italian Banking Association (ABI) announced Thursday that its banks are willing to pilot a digital euro.   The group shared 10 considerations for a digital euro in Thursday’s announcement, starting with, “Monetary stability and full compliance with the European regulatory framework must be preserved as a matter of priority.”  The group prioritized the need for …

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Ethereum 2.0: 95% Ether ready to be staked 

Ethereum 2.0: 95% Ether ready to be staked 

The grand move for the Ethereum blockchain has been approaching and the exchanges in the ecosystem have been providing support for staking ETH. As the community gears up for the release of ETH 2.0, a highly anticipated scalability network upgrade from proof-of-work to proof-of-stake, the upgrade will boost ETH’s performance critical to the network enabling …

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Ready Layer One: Base Layer Protocols Team Up for Virtual Developer Event

Ready Layer One: Base Layer Protocols Team Up for Virtual Developer Event

Togetherness is the message of Ready Layer One, a conference being planned for early May by the Web3 Foundation, Near, Cosmos, Tezos, Protocol Labs and Polkadot, all entities involved in building new blockchains designed to serve as the primary layer for distributed applications. Other blockchain projects may yet join in. The website describes the virtual …

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