CBDC
Discover the latest in Central Bank Digital Currencies (CBDCs) and state-backed digital currencies. Get updates on adoption, rules, real-world uses, and new technologies shaping the future of digital money worldwide.
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European Central Bank Releases First Progress Report on Digital Euro Preparations
The European Central Bank (ECB) has unveiled its inaugural progress report detailing advancements in the preparation phase for the potential…
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Global Survey Shows Central Banks Embrace CBDCs, with UAE Among Pioneers
Central banks around the world are increasingly exploring the potential of central bank digital currencies (CBDCs), as highlighted by a…
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BIS Survey: 94% of Central Banks Eye Wholesale CBDCs
The Bank for International Settlements (BIS) found that 94% of surveyed central banks are exploring Central Bank Digital Currency (CBDC).…
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The End of the Petrodollar? A Closer Look at the Future of Oil Settlements
The recent expiration of the long-standing petrodollar agreement between Saudi Arabia and the US has stirred the global financial system.…
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UAE’s mBridge Platform Debuts for CBDC Payments, Eyes Domestic Use Next
The Central Bank of the UAE (CBUAE) has launched the Minimum Viable Product (MVP) of its mBridge platform, marking a…
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Qatar Central Bank Advances Digital Transformation with CBDC Infrastructure Completion
The Qatar Central Bank (QCB) has announced a significant milestone in its digital transformation journey with the completion of the…
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China-Arab States Cooperation Forum Eyes Blockchain Future with Local Currencies and CBDCs
The 10th Ministerial Conference of the China-Arab States Cooperation Forum (CASCF) concluded today, signaling a potential boom for blockchain technology…
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Hong Kong Expands Cross-Border Digital Yuan Pilot to Include Hong Kong Residents
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have expanded their cross-border digital yuan pilot,…
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Bahrain and Saudi Arabia Forge Unique Paths in Embracing Financial Technology
In a recent panel discussion at the World Economic Forum in Riyadh, the differing approaches of Bahrain and Saudi Arabia…
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Ensuring Privacy: Dr. Joachim Nagel’s Commitment to Trust in the Digital Euro
Dr. Joachim Nagel, President of Deutsche Bundesbank, underscored the paramount importance of trust in the dynamic realm of digital payments…
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