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Nov 23, 20241 min read
ECB Pushes for Digital Euro Launch to Keep Pace with Global CBDC Race
The European Central Bank (ECB) is intensifying its call for urgency in developing the digital euro, warning that delays could leave...
Aug 15, 20241 min read
Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding
Parfin, a digital assets infrastructure company, said it raised an initial $10 million in a Series A investment round that it expects to...
Jun 19, 20241 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 3, 20241 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 15, 20241 min read
'CryptoDad' Giancarlo Joins Paxos Board
Giancarlo joins Paxos as the stablecoin issuer and infrastructure platform has been expanding its array of tokens – including as the...
Apr 19, 20241 min read
New Zealand Starts Digital Cash Consultation
The Reserve Bank of New Zealand started a consultation on digital cash on Wednesday. The consultation paper asked citizens in the country...
Mar 16, 20241 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)
Jan 29, 20241 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 6, 20241 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 5, 20241 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 3, 20241 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 1, 20241 min read
Crypto Ban in Nigeria Stalls eNaira Adoption Despite Global Recognition
Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has attributed the challenges facing the adoption of the eNaira
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
Ripple Releases Framework on the Future of CBDCs Highlights Benefits and Challenges
Blockchain payment firm Ripple has rolled out a whitepaper on the state of Central Bank Digital Currencies (CBDCs), their utility
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 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)
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