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...
Ripple (XRP) is gearing up to announce CBDC plans in the coming weeks. Watcher Guru News quoted Antony Welfare, CBDC advisor at Ripple, who had earlier...
Myanmar’s former National Unity Government is considering launching a Central Bank Digital Currency (CBDC) backed by the country’s frozen reserves. The consideration has emerged in the...
Europe’s central bank in partnership with professionals in the financial world has released its findings on proposed solutions to manage the application of CBDCs in the...
African countries are exploring the virtual form of their currency which can improve their approach to exchanges and cash flow as well as to economic activities...
The Tehran government set to release crypto rial; Iran’s new digital currency. The test stage is slated to begin within the next two months, according to...
Qatar is exploring the possibilities of launching its first Central Bank Digital Currency (CBDC). If this happens, it will become the first time an Arab nation...
The eNaira has attracted half a million users and about 780,000 merchants in over 160 countries a few weeks after launch. The Central Bank of...
Despite the recent crackdown on cryptocurrencies in China, testing of their central bank digital currency or digital yuan dubbed ‘e-CNY’ has not ceased. The People’s Bank...
Whenever the topic of money arises, two questions always come to mind; How do I get it & Where can I spend it? Central Bank Digital...
After the long-awaited launch of the Central Bank of Nigeria’s digital currency or CBDC, His Excellency, President Muhammadu Buhari, the President of the Federal Republic of...
Ghana is currently exploring ways to make its Central Bank Digital Currency usable in Offline transactions. This is to ensure residents who have no access to...
While speaking to Bobby Anyadike on the Inside Blockchain show about the Nigerian CBDC (e-naira), Chief Technical Officer at Convexity, Charles Okaformbah had this to say;...
Global financial firm and payment giant, Visa has developed a conceptual protocol that allows interoperability between Central Bank Digital Currencies. The company developed the concept called...
The Blockchain Organisation in Ghana, Afroblocks has urged the Ghanaian government and Central Bank for its involvement in the development process of the country’s central bank...
The Central Bank of Nigeria in a presentation made few hours ago on a virtual platform has revealed that its proposed digital currency will lower the...
