The Bank of Korea (BOK) has revealed its plans for a pilot program aimed at investigating the technicalities of a Central Bank Digital Currency (CBDC). This...
On September 28, Banque de France issued a report announcing the successful joint test conducted by the Bank for International Settlements (BIS) and the central banks...
Agustin Carstens, the General Manager of the Bank for International Settlements (BIS), has called upon countries to develop clear legal frameworks to support the deployment of...
Nigeria’s Central Bank Digital Currency (CBDC) project, the eNaira, brings with it both opportunities and challenges. In essence, a CBDC is a digital representation of a...
The “CBDC Anti-Surveillance State Act” is now being discussed in the United States House Financial Services Committee. This Act aims to prevent the Federal Reserve...
The National Bank of Kazakhstan (NBK) has established a regulatory agency to lead the development and implementation of the country’s central bank digital currency (CBDC), the...
The increasing awareness and adoption of cryptocurrencies, NFTs, CBDCs, and stablecoins are poised to reshape the global financial landscape. Institutions ranging from the IMF and EU...
Three central banks, namely the Hong Kong Monetary Authority, the Central Bank of Kazakhstan, and an undisclosed central bank, have partnered with SWIFT, the interbank financial...
Rep. Tom Emmer reintroduced legislation to prevent “unelected bureaucrats in Washington” from issuing a Central Bank digital currency (CBDC). On Sep. 12, Emmer introduced the CBDC...
The Hong Kong Monetary Authority (HKMA) has collaborated with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre...
Mastercard is bringing together a collection of top blockchain technology and payment service companies to join its new CBDC Partner Program in an effort to promote...
In a recent interview with Frank Chaparro, Director of News at The Block, Raj Dhamodharan, Executive Vice President and Head of Blockchain and Crypto at Mastercard...
In an era defined by rapid technological advancements and evolving financial landscapes, the convergence of traditional finance and the crypto space, is becoming increasingly evident. PayPal’s...
The Bank of Canada published a staff discussion paper on August 10, which examined the potential acceptance of a central bank digital currency (CBDC) among average...
The Central Bank of Brazil officially revealed the brand name for its central bank digital currency (CBDC) as “Drex.” The central bank crafted the CBDC to...
The Bank of Korea has chosen three regions, excluding Seoul, to pilot its Central Bank Digital Currency(CBDC). On July 31st, the bank confirmed these regions as...
In a bid to foster financial dialogue and cooperation, the United Kingdom and Singapore have come together to work on the development and implementation of global...
The Banque de France shares its experiences with wholesale central bank digital currencies (MNBC) using distributed ledger technologies (DLT). A wholesale CBDC is a digital currency...
A report by the BIS (Banks for International Settlement) has projected that by 2023, there will be a total of 24 CBDCs launched – broken down...