UBS Pilots Blockchain-Based System for Enhanced Cross-Border Payments
Swiss bank UBS (UBSG.S) announced on Thursday the successful completion of a pilot for its blockchain-based payment system, UBS Digital...
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Sep 131 min read
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The Bank of Russia wants the country's largest banks to support a digital ruble for retail and commercial use by July next year. The...
Jul 301 min read
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
Slovenia became the first European Union member to issue a sovereign digital bond with a 30 million-euro ($32.5 million) note that...
Jul 41 min read
Chinese Banks Bolster Digital Yuan Security to Fight Money Laundering
Chinese banks say they will fight back against digital yuan-themed money laundering and identity theft schemes by rolling out new...
Jun 191 min read
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
An IMF survey of the Middle East and Central Asian region has concluded that while CBDC's may not be essential they can advance financial...
Jun 71 min read
Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant
Saudi Arabia’s central bank has joined Project mBridge – a cross-border experiment with central bank digital currencies (CBDCs) for...
Jun 31 min read
Rwanda to Roll Out CBDC By 2026 After Consultations, Testing
East African nation Rwanda aims to create its own retail central bank digital currency (CBDC) to assert its significance in the global...
May 291 min read
Israel starts digital shekel pilot
The Bank of Israel is launching the so-called Digital Shekel Challenge, inviting diverse sectors to develop applications for a potential...
May 201 min read
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The Hong Kong Monetary Authority (HKMA) and the Peoples Bank of China (PBOC) expanded the scope of their cross-border digital yuan pilot...
Apr 291 min read
Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency
Pakistan’s plans for a central bank digital currency (CBDC) gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb...
Apr 241 min read
G+D to Assist Central Bank of Mauritania in CBDC Design
German security technology group Giesecke+Devrient (G+D) is partnering with the Central Bank of Mauritania to explore the design and...
Apr 191 min read
China Opens e-CNY Research Institute, Appoints First Expert Panel
The e-CNY Research Institute has been inaugurated to support advancements of China’s central bank digital currency (CBDC). According to a...
Apr 171 min read
South Korean Central Bank accelerate Plans for CBDC rollout
The Bank of Korea (BOK) plans to accelerate its Central Bank Digital Currency (CBDC) initiative. As reported by Newsway, the bank aims to...
Apr 171 min read
Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments
The Bank of Israel is launching a sandbox environment for testing CBDC use cases, in an effort to refine the design of the digital shekel...
Mar 261 min read
The UAE Partners With G42 Cloud and R3 to Launch a National CBDC Strategy
The Central Bank of the UAE (CBUAE) has commenced the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy.
Mar 161 min read
Israel Plans to Launch Interest-Bearing CBDC
Israel’s Central Bank unveiled plans on March 11 to launch an interest-bearing Central Bank Digital Currency (CBDC)
Mar 91 min read
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Hong Kong's central bank announced the start of a wholesale central bank digital currency (wCBDC) project to support the development
Mar 61 min read
Hungary Proposes Crypto Law to Regulate Digital Investment Instruments
Hungary is eyeing to establish a comprehensive crypto regulatory framework which would enable local banks to directly offer cryptos.
Feb 261 min read
Chinese Authority Warns of Fake Digital Yuan App Scam
The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes
Feb 201 min read
Indian Payments Authority executive supports RBI’s efforts in CBDC development
Dilip Asbe, the managing director of the National Payments Corporation of India (NPCI), recently voiced his support for the RBI
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