#central bank
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Bitman has once again put on a show, this time advocating for improved crypto literacy among Frankfurt residents.
The BTC logo has been projected onto the ECB with the message "Study Bitcoin."
According to the author, he wants to bring attention to the concept of "healthy money" and highlight cryptocurrencies as a viable option.
Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange.
The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers.
All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money. Chinese economist calls for review of crypto ban
Huang Yiping, a former adviser to China's central bank, decided to sit on two chairs, expressing the opinion that the current crypto policy is practical (hmm, probably he said it in order not to be shot), but he is not sure of its feasibility in the future (followed by the voice of his inner economist.)
Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent.
This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today's technology will allow it to happen.
Well, we'd like to believe... But today it's one thing, and tomorrow another. Montenegro Explores Digital Currency with Ripple Collaboration
Montenegro's Central Bank has forged a partnership with Ripple to examine the potential for a Montenegrin digital currency, which may take the form of a central bank digital currency (CBDC) or stablecoin. Although not a member of the Eurozone, Montenegro adopted the euro as its official currency in 2002. Five more countries have abandoned CBDC
A growing number of countries seeking to introduce a central bank digital currency (CBDC) are abandoning the idea after conducting pilot projects. Either the use cases did not work or were recognized as inadvisable, or the CBDC did not receive support from citizens and businesses in certain countries.
They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.”
"The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post.
The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound. Nigeria to legalize Bitcoin after an unsuccessful CBDC project
The Central Bank of Nigeria's initiative to launch the national digital currency, eNaira, proved to be a complete failure. The government decided to allow the usage of Bitcoin and other cryptocurrencies for investment purposes instead of banning them. 










