CBDC
- Global News
Bank of America Expresses Doubts on PayPal’s PYUSD Adoption
PayPal’s groundbreaking announcement of its PYUSD stablecoin, pegged to the U.S. dollar, has sparked global discussions and criticism. While the…
Read More » - CBDC
Brazil Unveils Drex, the Official Brand for its Central Bank Digital Currency
The official name for the Brazilian central bank digital currency (CBDC), previously known as the “digital real,” has been unveiled…
Read More » - Opinions
Central Bank Digital Currencies: A Comprehensive Overview
In the rapidly evolving world of finance, Central Bank Digital Currencies (CBDCs) are emerging as a transformative force. Drawing from…
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Blockchain Developer Claims to Have “Reverse Engineered” Brazil’s CBDC Real Code
A blockchain developer recently made an intriguing discovery while delving into the source code of Brazil’s experimental central bank digital…
Read More » - Global News
Digital Yuan Integration: China Considers Linking National Social Security Cards
China has announced its plans to incorporate its central bank digital currency (CBDC), the digital yuan, into its financial system…
Read More » - CBDC
RBI Explores Cross-Border Payments with Digital Rupee, in Talks with Central Banks of 18 Countries
The Reserve Bank of India (RBI) is engaging in discussions with central banks from around 18 other countries to explore…
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IMF Unveils Innovative Cross-Border Payment System Leveraging Central Bank Digital Currency
During a roundtable on CBDC policy, officials from the International Monetary Fund (IMF) introduced a groundbreaking concept for a “new…
Read More » - CBDC
Colombia’s Central Bank Collaborates with Ripple for CBDC Pilot
Colombia is already leveraging Ripple’s technology for land distribution initiatives within the country, showcasing Ripple’s continued expansion into Latin America.…
Read More » - Companies
Pioneering Tokenized Notes on the Ethereum Blockchain: BOCI and UBS Collaborate to Introduce Groundbreaking Product in Asia Pacific
BOCI, a Chinese financial institution, has achieved a significant milestone by issuing CNH 200 million ($28 million) in fully digital…
Read More » - CBDC
The E-Naira Struggle: Nigeria’s CBDC Faces Major Setback in Its Second Year
Nigeria’s CBDC, the e-Naira, whose launch gulped millions of Naira from the nation’s coffer may likely hit rock bottom in…
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