CipherTrace Wants to Guide Central Banks on Their Digital Currency Projects
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects.
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.
The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech.
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain.