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Join us at the CBDC Conference in Istanbul, the leading event in digital currency, taking place from September 10-12 in the vibrant city of Istanbul. Sign up now to secure your spot and take advantage from the Early Bird period that ends on July 30. The CBDC Conference is your opportunity to be at the forefront of discussions on CBDC, tokenized assets, and stablecoins. Don't miss out on: 🔹 World-Class Speakers - Gain insights from the top minds in the industry. 🔹 Updates on the Digital Euro Project, the Sand Dollar, and other live cases & pilot projects - Get the latest developments firsthand. 🔹 Technological Innovations - Discover cutting-edge advancements shaping the future of digital currencies. 🔹 CBDC Academy - Enhance your knowledge with expert-led sessions. 🔹 Hands-On Breakout Sessions - Participate in interactive and practical sessions. 🔹 Great Networking Opportunities - Connect with professionals and leaders from up to 50 central banks.   For more information and to register, visit the website www.cbdc-conference.com Don't miss this chance to be part of the future of finance. See you in Istanbul!   #CBDC #DigitalCurrency #Conference #Istanbul #Networking #Innovation #Finance #EarlyBird Crunchfish AB EMTECH Giesecke+Devrient IDEMIA nChain TrustNoteD Universal Digital Payments Network Worldline

💡 IMF Latest Report on Central Bank Digital Currency (CBDC) Adoption: Strategies for Intermediaries and Users The International Monetary Fund latest paper, part of the CBDC Virtual Handbook, highlights the key barriers to Central Bank Digital Currency (CBDC) adoption—limited public awareness, trust issues, and insufficient intermediary incentives. Central banks should not assume that once a CBDC is launched, widespread adoption will follow. Early strategic planning is essential to ensure success. The paper introduces the REDI Framework, focusing on: 🔹 Regulatory strategies 🔹 Education & communication initiatives 🔹 Design and deployment choices 🔹 Incentive mechanisms to engage both intermediaries and end-users This framework equips policymakers with the tools to foster CBDC adoption, ensuring technical readiness, operational strength, and a user-centric approach from the start. 📚 For more information on virtual license license or CBDC policy and adoption strategies, contact us at : ➡️Contact@cryptosconsultancy.com #CBDC #DigitalCurrency #IMF #CryptoConsultancy #PolicyInnovation #FinanceTransformation #Compliance #Dubai #Crypto #License

In a rapidly digitizing global economy, monetary sovereignty has become a crucial issue. Piero Cipollone, Member of the Executive Board of the European Central Bank (ECB), highlights the growing need for a digital euro to secure Europe's financial autonomy. Delivered at the Economics of Payments XIII Conference in Vienna, Cipollone’s keynote addresses the challenges posed by digitalization in the payments landscape, emphasizing the importance of adopting a CBDC to protect the euro area from dependence on non-European payment systems. To read the full article, and to stay up-to-date with the latest developments in the digital currency domain, sign up for « 𝗧𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗝𝗼𝘂𝗿𝗻𝗮𝗹 », the monthly publication providing the latest news about CBDC, tokenized assets, and stablecoins: https://lnkd.in/dYYi-Vx9. The Digital Currency Journal #digitalcurrency #stablecoin #cbdc #centralbankdigitalcurrency #defi #Tokenization

In a rapidly digitizing global economy, monetary sovereignty has become a crucial issue. Piero Cipollone, Member of the Executive Board of the European Central Bank (ECB), highlights the growing need for a digital euro to secure Europe's financial autonomy. Delivered at the Economics of Payments XIII Conference in Vienna, Cipollone’s keynote addresses the challenges posed by digitalization in the payments landscape, emphasizing the importance of adopting a CBDC to protect the euro area from dependence on non-European payment systems. To read the full article, and to stay up-to-date with the latest developments in the digital currency domain, sign up for « 𝗧𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗝𝗼𝘂𝗿𝗻𝗮𝗹 », the monthly publication providing the latest news about CBDC, tokenized assets, and stablecoins: https://lnkd.in/dYYi-Vx9. The Digital Currency Journal #digitalcurrency #stablecoin #cbdc #centralbankdigitalcurrency #defi #Tokenization

Russia’s plan to introduce a central bank digital currency (#CBDC) has hit another milestone after officials confirmed the completion of 25,000 digital ruble transactions. Data shows digital ruble transactions have soared to 25,000 in under seven months, with person-to-person transactions contributing a significant portion of the milestone with a staggering 19,000 separate transactions. Transactions involving customers and business entities made up a slice of the metrics at 6,000 at the start of March. A closer look at the figures indicates a growing dependence on smart contracts for programmability functionalities. The Bank of Russia began its retail CBDC pilot in mid-August after the State Duma launched a comprehensive legal framework, onboarding 12 commercial banks for the experiments. Spread across 11 cities with 600 individual users and 30 merchants, Russia’s digital ruble started slowly with early transactions reportedly plagued by errors and delayed transactions from commercial banks playing an intermediary role. #DLT #blockchain #web3 #digitalmoney #banking https://lnkd.in/ewxewGfh

We look back on the CBDC Conference LATAM 2024 with gratitude. In a series of insightful speeches and captivating panel discussion, 21 speakers examined CBDC from different angles. We would like to thank 👉 Juan Pablo Ramirez, Grupo Bancolombia 👉 Francisco Rivadeneyra, Bank of Canada 👉 Albi Rodriguez Jaramillo, LACChain (IADB-LAB) 👉 Anca Bogdana Rusu, Sovereign Official Digital Association (SODA) 👉 Adolfo Sarmiento, Banco Central del Uruguay   for their valuable contributions. The CBDC Conference LATAM is conducted in Spanish, and will take place again in February 2025. Next stop is the CBDC Conference 2024, which will be held from 10-12 September in Istanbul. With more than 60 speakers, of which about 25 represent central banks from around the globe, the CBDC Conference is the leading event in the CBDC domain. The attendees can expect a captivating agenda, a world-class line-up of speakers, and excellent networking opportunities. For more information and to sign up, visit www.cbdc-conference.com. Registrations received by 30 May benefit from the Super Saver rate. Don't miss out on this opportunity to be at the forefront of the CBDC development.   #cbdc #defi #digitalcurrency #latinamerica #centralbankdigitalcurrency Giesecke+Devrient IDEMIA

The Central Bank of The UAE has successfully completed its first cross-border transaction using a digital version of its currency, the dirham. This transaction, occurring on January 29, involved the transfer of 50 million dirhams (approximately $13.6 million) to China through the mBridge central bank digital currency (CBDC) platform. Launched in 2021, the mBridge project is a collaborative effort involving the central monetary authorities of China, Hong Kong, Thailand, and the UAE, in conjunction with the Bank for International Settlements – BIS.   The mBridge platform, which uniquely includes China in its international partnership, completed its pilot phase in September 2022 and was officially launched in September 2023. It brings together multiple commercial banks from member countries to improve the underlying infrastructure and technology.   In the context of increasing interest in blockchain and cryptocurrencies, governments worldwide are exploring the potential of national digital currencies issued by central banks. According to a BIS report, approximately 90% of central banks are contemplating CBDC projects, with 11 countries having launched them, 15 in pilot phases, and 26 in development stages.   #cbuae #crossborder #digitalcurrency #cbdc #uae #china #hongkong #fintech #digitalpayment #bis

More interesting times lie in the future of the Central Bank Digital Currencies (CBDCs)! This engaging informational paper from Worldline offers an informative guide to the growing worldwide adoption of #CBDCs. Official Link: https://lnkd.in/db7JTxia Key takeaways: - More than 130 states and 98% of global #GDP are currently studying the possibility of creating a #digital version of their national currency. - CBDCs also mean the opportunity to change the actual monetary system where some of them are faster, more transparent, inclusive, and #innovative. - Some CBDCs have gone to pilots and live phases, such as e-CNY in #China, e-Naira in #Nigeria, and the forthcoming #DigitalEuro. - The CBDC’s transaction volume is expected to rise from 100 million US dollars in 2023 to 213 billion #US dollars by 2030, that is, a 260000% increase! Worldline has been actively involved in pilots related to CBDC, spending on research, and innovation as well as assisting clients in this new paradigm of central bank digital currencies. As summarized in the white paper, CBDCs are indeed the key to transforming the #future of #money. Arjun Vir Singh Arthur Bedel 💳 ♻️ Sam Boboev Maximilian Salomon Tony Moroney Igor Babych David Jimenez Maireles Prof. Dr. Ingrid Vasiliu-Feltes Zvonimir Filjak #CBDC #digitalcurrency #monetarypolicy #fintech

We are looking forward to the opening of the CBDC Conference 2024, which will take place from September 10-12 in Istanbul. The CBDC Conference brings together the global thought leaders in the field of digital currency. The conference program promises the latest information, exciting insights and interesting discussions on the topic of digital currency. Speakers and delegates from around the globe will gather, representing central banks, retail banks, leading technology providers, government entities, think tanks, and academia, such as: 🔹 Central Bank of the Republic of Türkiye 🔹 Central Bank of The Bahamas 🔹 Banka Slovenije 🔹 Bangko Sentral ng Pilipinas 🔹 Banco de España 🔹 Bank of Ghana 🔹 Bank of Thailand 🔹 Bank of England 🔹 Bank of Korea 🔹 Bank of Finland (Suomen Pankki - Finlands Bank) 🔹 Bank of Namibia 🔹 Bank Indonesia 🔹 Banque Centrale de Mauritanie 🔹 Central Bank of Chile 🔹 Banco Central del Uruguay 🔹 Deutsche Bundesbank 🔹 National Bank of Rwanda 🔹 National Bank of Georgia 🔹 De Nederlandsche Bank 🔹 Swiss National Bank 🔹 Oesterreichische Nationalbank 🔹 Association of German Banks (BdB) 🔹 University of Oxford 🔹 University of Paris I: Panthéon-Sorbonne 🔹 University Med V Rabat 🔹 University of Toronto 🔹 University of Warsaw 🔹 UNSW Sydney 🔹 Standard Chartered ...and many more! For more information and to register, please visit www.cbdc-conference.com.   Would you like to stay abreast of the latest developments in the field of digital currencies? subscribe to «𝗧𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗝𝗼𝘂𝗿𝗻𝗮𝗹" on https://lnkd.in/dYkvdMNH. #cbdc #fintech #centralbank #blockchain #cryptocurrency #banking #currency #payments #CBDCConference #DigitalEuro #Innovation #Fintech #Blockchain #Istanbul2024 #CentralBankDigitalCurrency nChain IDEMIA Digital Euro Association Giesecke+Devrient TrustNoteD Crunchfish AB Worldline Digital Pound Foundation FinTech Istanbul Oracle

Ethiopia's Bold Step Towards a Digital Financial Future On June 14, 2024, Ethiopia’s Council of Ministers approved a groundbreaking draft proclamation for the introduction of a central bank digital currency (CBDC). This initiative, along with the Revised Banking Business Proclamation, signals a transformative era for Ethiopia’s banking sector. Unlike decentralized cryptocurrencies like Bitcoin, a CBDC is issued and regulated by the central bank, ensuring its value is stable and tied to the national fiat currency. While decentralized digital currencies operate on blockchain technology without central oversight, providing anonymity and resistance to censorship, they often experience high volatility and regulatory challenges. In contrast, a CBDC combines the security and trust of central bank backing with the efficiency of digital transactions.This has several potential advantages for Ethiopia: 1. Enhanced Financial Inclusion: A CBDC can provide banking access to underserved communities, bridging the gap in financial services. 2. Economic Efficiency: Digital transactions become faster and more secure, reducing costs and minimizing fraud. 3. Improved Monetary Policy: The National Bank of Ethiopia can exercise more effective control over monetary policy, promoting economic stability. As Ethiopia prepares to launch its capital market, the implementation of a CBDC will be crucial. It can facilitate transparent and efficient transactions, attract foreign investment, and boost overall market confidence.This visionary step by the National Bank of Ethiopia, inspired by global best practices and technological advancements, sets the stage for robust economic growth and innovation. #Ethiopia #DigitalCurrency #FinancialInclusion #EconomicDevelopment #BankingInnovation