Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts
The Chinese city of Shenzhen has implemented digital yuan smart contracts for car pre-payments, a collaboration with the Agricultural Bank
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Feb 171 min read
ECB promises enhanced privacy for digital euro
The European Central Bank is laying the groundwork for the much-anticipated digital euro, promising an era of enhanced privacy
Feb 21 min read
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s CBDC
Jan 301 min read
UAE Succeeds in First Cross-Border Payment Using Digital Dirham
Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister, Chairman of the Presidential Court
Jan 301 min read
Belarus Set to Launch Hyperledger Fabric-powered Digital Ruble Platform
Belarus is edging closer to the launch of its CBDC, the digital Belarusian ruble, with a new “platform” built on the open Hyperledger Fabric
Jan 291 min read
Chinese Company Issues First $350 Million Tech Innovation Bond Raised in Digital Yuan
A Chinese infrastructure company has successfully raised $350 million in digital yuan for its new technology innovation bond.
Jan 111 min read
European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
The European Central Bank (ECB) is offering a big chunk of cash to contractors who can enable offline payments for a retail digital euro.
Jan 61 min read
Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital
Jan 51 min read
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
India's central bank digital currency, the digital rupee, crossed a million transactions in a day on Dec. 27, 2023 – but with at least
Jan 31 min read
Russia Will Begin Collecting Taxes in Digital Rubles from 2025
Russian tax authorities will start collecting taxes in digital rubles from 2025, with banks also handed powers to block
Jan 21 min read
China Looks to Ramp up ‘Cross-border’ Digital Yuan Spending
Chinese bank chiefs are looking to start 2024 by driving up “cross-border” digital yuan spending. Per the Haikou Municipal Commerce
Dec 22, 20231 min read
China Achieves First Cross-Border Precious Metals Settlement Using e-CNY CBDC
In a groundbreaking move, China has successfully completed its inaugural cross-border settlement for precious metals through
Dec 18, 20231 min read
Palau Finance Ministry Launches Second Phase Of Its CBDC Project
Palau Finance Ministry has flagged off the second phase of its XRPL-powered central bank digital currency (CBDC) pilot program
Dec 16, 20231 min read
Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency’
The growth of stablecoins such as tether (USDT) and USD Coin (USDC) poses challenges to central banks because, despite their name
Dec 15, 20231 min read
Hong Kong launches digital green bonds with major banks
Hong Kong (HK) is taking significant strides in digital asset finance in Asia. The city has engaged five major banks, including HSBC
Dec 7, 20231 min read
Belarus Wants to Use Its CBDC to Evade Sanctions
Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international
Dec 1, 20231 min read
Solomon Islands partners with Soramitsu on CBDC pilot
Central bank digital currency (CBDC) development has been ongoing globally at a brisk pace in 2023 and smaller nations, like the Solomon
Nov 28, 20231 min read
Standard Chartered China Offering Exchange Services for Digital Yuan
Multinational bank Standard Chartered (STAN) has started offering exchange services for the digital yuan, China's central bank digital
Nov 25, 20231 min read
South Korean central bank to launch CBDC pilot in 2024
The Bank of Korea (BOK) has unveiled plans for a pilot program to test its new central bank digital currency (CBDC)
Nov 23, 20231 min read
BBVA Switzerland selects Ripple-owned Metaco to power digital asset operations
BBVA Switzerland, the Swiss subsidiary of the Spanish banking behemoth BBVA, has announced a strategic partnership with Ripple-owned
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