The Federal Reserve Bank of Boston and Massachusetts Institute of Technology (MIT) announce the launch of a CBDC project the organizations have been working on, Project...
Banco do Brasil has announced plans to launch a CBDC in 2024. The information was relayed by Roberto Campos Neto, President of Brazil’s apex bank, at...
China Pacific Insurance has launched a digital currency account insurance product. The Insurance behemoth announced its branch in the Suzhou region. The Bank of Communications is...
The Bank of England (BOE) is asking for a “proof of concept” for a wallet that can store Central Bank Digital Currency (CBDC). Friday, December 9,...
For the first time, the Digital Money Institute’s third annual payments report takes a dive into Central Bank Digital Currencies, as a payment method, alongside other...
The UK Parliament is set to begin consultations on the development of the first national CBDC (digital pounds). In a statement made by Jeremy Hunt, the...
The Spanish government has opened applications for proposals to design a wholesale CBDC project for financial institutions and tech providers. According to the announcement released by...
As part of plans for Pakistan, the Pakistan Central Bank on Monday announced it has launched laws for Electronic Money Institutions (EMIs). The law is geared...
The Central Bank of India (CBI) on Tuesday announced the launch date for the first pilot of the country’s retail Central Bank Digital Currency [CBDC] to...
The Bank of Japan has taken on the CBDC path with plans to launch an experimental CBDC. According to a Japanese media outlet, Nikkei, the Bank...
The federal government of Canada announced the release of a consultation paper on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) yesterday, (Thursday, 3rd of November,2022)...
Zimbabwe is pushing plans to introduce a central bank digital currency; a digital version of its currency. Zimbabwe’s plan on introducing a CBDC was a lesson...
Over time, India has been keeping tabs on its CBDC plans, and The Reserve Bank of India said it is introducing a wholesale CBDC pilot on...
The Central Bank of the UAE (CBUAE) announced on Wednesday, 26 October 2022 that it had successfully completed the world’s largest pilot of central bank digital...
Changpeng Zhao, CEO of Binance, recently revealed that Kazakhstan, an Asian country, will integrate its CBDC into the BNB Chain. Before the announcement, Binance acquired a...
The Presidential Strategy and Budget Directorate, presented at Turkey’s Presidential Annual Program for 2023, contains the launching of a central bank digital currency CBDC. This move...
TL;DR The JCBDC will be a three-company joint project. JCBDC to adopt blockchain technology. The project will run using the ‘token method’ instead of the ‘account...
Central banks worldwide have taken CBDCs as an alternative for digital currencies, especially crypto. While several developments are taking place from Nigeria to Europe to China,...
The Reserve Bank of India which is India’s central bank has plans to launch a CBDC that can be exchanged for cash. It was reported that...