The Federal Reserve Chairman, Jerome Powell, stated in an appearance before the House Financial Services Committee that he sees cryptocurrencies as assets with staying power. “Crypto...
The Reserve Bank of Zimbabwe (RBZ) is preparing to launch its inaugural peer-to-peer platform, which has been under development for some time. The project aims to...
The IMF (International Monetary Fund) is currently working on a platform for CBDCs (Central Bank Digital Currencies) that will connect various countries and currencies. This announcement...
Ripple has launched a Central Bank Digital Currency (CBDC) platform in response to the growing interest and development of central bank digital currencies in various nations....
The Hong Kong Monetary Authority (HKMA) has announced the launch of its digital Hong Kong dollar (CBDC) pilot. The launch demonstrates the commitment of the Asian...
The United States Treasury’s Office of Financial Research has released a study on the potential impact of central bank digital currencies (CBDCs) on the economy, suggesting...
The Central Bank of Nigeria (CBN) is reportedly in consultation to re-engineer its Central Bank Digital Currency, the eNaira. Per a report by Bloomberg, the Apex...
The explosion of blockchain and cryptocurrency technologies and products took the industry to global limelight in the 2021 financial year and since then, the conversation around...
The World Bank reports that after the COVID-19 pandemic, up to 1.4 billion people were found to be unbanked. This population is dispersed around the world...
Central Bank Digital Currencies (CBDCs) are amongst recent financial instruments governments of nations are exploring in order to meet up with the fast innovation in finance....
The digitalization of payment has helped to ease the transfer of value or money from one point to another globally. Beaming down to this industry is...
The Deputy Prime Minister of Ukraine, Mikhail Fedorov, has stated that he wants to get paid in the country’s CBDC – e-hryvnia. Mikhail Fedorov made his...
The apex bank in Spain has authorized Monei to issue its first digital euro. It is a pilot test to reveal how the digital euro will...
Since the introduction of CBDCs as an alternative digital currency to cryptocurrencies such as Bitcoin, which will be under the control of central banks, 114 countries,...
The European Central Bank is among other global institutions researching the possible implementation of the digital euro, a Central Bank Digital Currency (CBDC). The bank started...
The Albanese government of Australia is set to launch new rules for the licensing and regulation of crypto in 2023. The government that was sworn in...
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...
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...
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,...
