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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Visa CEO Unveils Plans to Implement Stablecoins and CBDCs in Payment System
The head of Visa, a leading credit card company, has emphasized his confidence in the potential of blockchain technology to…
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Crypto Could Cause the Next Financial Crisis, Warns Indian Central Bank Head
At a conference, the governor of the Reserve Bank of India, Shaktikanta Das, stated that private cryptocurrencies, which are not…
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Bank of England Opens Applications for Proof of Concept CBDC Wallet
The Bank of England has opened applications for suppliers to provide a sample wallet for a central bank digital currency (CBDC). The…
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India to Pilot Retail Digital Rupee on December 1
India will undertake the first pilot for retail digital currency on December 1, extending the test to evaluate the creation…
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JP Morgan Completes First DeFi Trade On Public Blockchain
Multinational banking firm JPMorgan has successfully executed its first-ever cross-border transaction using decentralized finance (DeFi) on a public blockchain. The trade was facilitated by…
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Goldman Sachs Seeks Classification System Regarding Crypto Universe Expansion
Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and invests in the burgeoning…
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CBDCs Will Validate Blockchain Concept, CZ Says
Binance CEO Changpeng Zhao (CZ) said that he believes central bank digital currencies (CBDCs) are not a threat to cryptocurrencies,…
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Turkey’s Central Bank Set to Launch State-Backed Digital Currency in 2023
Turkey has embraced central bank digital currencies (CBDC) after several months of deliberating over them. Now, the results are in, and the…
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The Central Bank of UAE Completes First Real-Value Cross-Border Payment Transactions
The Central Bank of the UAE (CBUAE) has completed the first and the largest scale pilot of central bank digital…
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Project Aurum: New Completed Hong Kong Retail CBDC Prototype with a CBDC-Backed Stablecoin
The Hong Kong Monetary Authority presented its completed Aurum retail central bank digital currency (CBDC) prototype on Oct. 21. The…
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