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Nov 17, 20231 min read
National Bank of Kazakhstan Debuts CBDC Pilot Launch for Digital Tenge
The National Bank of Kazakhstan has taken a substantial leap into the realm of central bank digital currencies (CBDCs), joining the global
Nov 17, 20231 min read
Singapore Central Bank to Start 'Live' Wholesale CBDC Trials
The Monetary Authority of Singapore (MAS) plans to issue a “live” central bank digital currency (CBDC) for wholesale settlement
Nov 16, 20231 min read
Russian Banks ‘Fighting Back’ Against Digital Ruble
Russian banks are reportedly “fighting back” against the digital ruble amid claims a CBDC launch would cost them $684 million a year.
Nov 4, 20231 min read
Georgia National Bank Chooses Ripple for Digital Lari Project
The National Bank of Georgia (NBG) has been proactive in adapting to technology and innovations.
Nov 3, 20231 min read
Swiss National Bank Launches Wholesale CBDC in Partnership With Six Commercial Banks
The Swiss National Bank (SNB) is ramping up its efforts on the issuance of a wholesale central bank digital currency (wCBDC).
Oct 27, 20231 min read
The Bank of Spain welcomes the “digital euro” and outlines its advantages
The digital euro is poised to revolutionize electronic payments, becoming an indispensable cornerstone of the financial landscape.
Oct 23, 20231 min read
Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a
Oct 23, 20231 min read
European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase
On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project.
Oct 21, 20231 min read
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
Oct 21, 20231 min read
India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing.
Oct 13, 20231 min read
Mastercard announces successful wrapped CBDC trial results
Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped
Oct 11, 20231 min read
Rise in Chinese Banks Issuing Digital Yuan Corporate Loans
More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing
Oct 5, 20231 min read
South Korean Central Bank Sets ‘Real-World’ CBDC Pilot Date
The South Korean central bank has set a date for its “real-world” CBDC pilot, with the first citizens slated to use the coin in the Q4
Oct 5, 20231 min read
Ripple Wins Prestigious Awards For CBDC Innovations
Ripple has clinched two prestigious awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023.
Oct 4, 20231 min read
Russian Corporations Using Digital Ruble as CBDC Pilot Gathers Pace
Russian corporations are starting to make use of the digital ruble, the country’s central bank digital currency (CBDC).
Sep 29, 20231 min read
China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees
Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption
Sep 28, 20231 min read
Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot
China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability
Sep 25, 20231 min read
Foreign Travelers Can Now Use China’s Digital Yuan App
Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app.
Sep 23, 20231 min read
CBDC Anti-Surveillance Bill Passes House Committee Despite Pushback From Democrats
The House Financial Services Committee (HFSC) passed the CBDC Anti-Surveillance State Act on Wednesday, readying the legislation
Sep 21, 20231 min read
Chinese “Super SIM” Cards to Feature New Digital Yuan Functions
New Chinese “Super SIM” cards will function as digital yuan wallets, smartcards, and ID cards as the nation’s CBDC pilot continues.
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