SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2

The 12-week study, involving 18 banks and financial institutions, shows the potential utility of CBDCs in settling cross-border transactions, prompting participants to proceed with the next phase. [...] Read More...…

Continue ReadingSWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2

US Senate hearing on block reward mining bill praises proof-of-stake and calls for reporting of carbon emissions

A Senate hearing focusing on block reward mining in the U.S. debated the benefits of increased disclosures for miners while witnesses pointed to the real-world impacts of mining operations. [...]…

Continue ReadingUS Senate hearing on block reward mining bill praises proof-of-stake and calls for reporting of carbon emissions