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Tag: CBDC

News about central bank digital currencies (CBDC).

Ripple Says G20 Countries Will Issue Their Own Tokens

Reading Time: < 1 minuteAccording to information provided by Ripple, it has been determined that 19 countries belonging to the Group of Twenty (G19) have taken the initial steps or are currently in the process of implementing a CBDC.

December 18, 2023December 18, 2023 Tony Pearce News

Canada Residents Are Against a CBDC

Reading Time: < 1 minuteThe majority of Canadians are against the development of a central bank digital currency (CBDC)

November 30, 2023November 30, 2023 Chris Smith News

Finland to Integrate Digital Euro into Financial System

Reading Time: < 1 minuteThe Central Bank of Finland is planning to implement the digital euro (CBDC) into its payment system.

October 23, 2023October 23, 2023 Tony Pearce News

France’s Central Bank Deputy Governor: CBDCs Will Become Alternative to Stablecoins

Reading Time: < 1 minuteAccording to Denis Beau, the deputy head of the Bank of France, national digital currencies (CBDC) are seen as a strong alternative to stablecoins.

October 11, 2023October 11, 2023 Chris Smith News

Argentina’s Central Bank: The CBDC Will Protect Domestic Economy

Reading Time: < 1 minuteAccording to the Central Bank of Argentina, the introduction of a digital currency (CBDC) into the domestic market has the potential to stabilize the nation’s economy.

October 6, 2023October 6, 2023 Tony Pearce News

US Democrats Say Republican Bill Against Digital Dollar is Stupid

Reading Time: < 1 minuteThe introduction of a bill by Republicans that would ban the distribution of CBDCs by the Federal Reserve to individual citizens has sparked criticism from Democrats.

September 22, 2023September 22, 2023 Chris Smith News

Pakistan Will Test the Digital Rupee in Coming Months

Reading Time: < 1 minuteThe Central Bank of Pakistan recently declared their intention to legalize digital currency transactions by 2025, and concurrently announced the launch of a central bank digital currency (CBDC).

July 27, 2023July 27, 2023 Tony Pearce News

Bank of Thailand Starts Trials of National Digital Currency

Reading Time: < 1 minuteLast year, the Central Bank of Thailand expressed its desire to test a central bank digital currency (CBDC) within the next year.

June 15, 2023June 15, 2023 Chris Smith News

Florida Governor Wants to Ban CBDCs

Reading Time: < 1 minuteFlorida Gov. Ron DeSantis has taken a firm stance against the idea of a central bank digital currency (CBDC), vowing to ban it in his jurisdiction.

May 3, 2023May 3, 2023 Tony Pearce News

Bank of Israel Reveals Conditions for Launching a CBDC

Reading Time: < 1 minuteThe Central Bank of Israel has outlined the main conditions for the potential launch of a national digital currency, known as SHAKED.

April 18, 2023April 18, 2023 Tony Pearce News

Iran’s Central Bank Completes Initial Phase of CBDC Project

Reading Time: < 1 minuteThe Monetary and Banking Research Institute (MBRI) has announced the successful completion of the initial phase of its digital real project.

March 7, 2023March 7, 2023 Tony Pearce News

Saudi Arabia is Not in the Hurry to Develop its CBDC

Reading Time: < 1 minuteThe Central Bank of Saudi Arabia will not rush to create a token.

January 26, 2023January 26, 2023 Tony Pearce News

Turkey’s Central Bank to Complete Trials of National Currency This Year

Reading Time: < 1 minuteThe Turkish authorities expect to complete the trials of its CBDC by the end of the year.

January 2, 2023January 2, 2023 Chris Smith News

India Intends to Test a Digital Rupee in Four Cities

Reading Time: < 1 minuteThe press service of the Reserve Bank of India said yesterday that the testing of the digital rupee will take place in four major cities of the country.

November 30, 2022November 30, 2022 Chris Smith News

Member of the Board of the Swiss National Bank: “CBDCs Will Bring Stability to DeFi Sector”

Reading Time: < 1 minuteCBDCs can interact with decentralized finance and bring more stability to the sector.

October 3, 2022October 3, 2022 Tony Pearce News

Nigeria’s CBDC Transaction Volume Exceeds $9M

Reading Time: < 1 minuteNigeria’s CBDC has been used to conduct transactions totaling 4 billion Nigerian Naira or $9.3 million

August 21, 2022August 22, 2022 Chris Smith News

ECB: The Success of the Digital Euro Depends on its Degree of Adoption

Reading Time: < 1 minuteThe digital euro project will be successful only if the instrument is actively used.

July 15, 2022July 15, 2022 Chris Smith News

Central Bank of Chile Insists in Autonomy of the Digital Peso

Reading Time: < 1 minuteThe central bank of Chile, which is developing the design of the digital peso, has announced the need for autonomous operation of the system.

May 11, 2022 Chris Smith News

Jamaica Will Issue its CBDC This Year

Reading Time: < 1 minuteThe Jamaican authorities have said that they are planning to issue their digital currency by the end of the year.

February 14, 2022February 14, 2022 Chris Smith News

The European Union Will Consider Bill on Digital Euro in 2023

Reading Time: < 1 minuteThe European Union (EU) will consider in early 2023 a bill on its central bank digital currency (CBDC).

February 11, 2022February 11, 2022 Tony Pearce News

MIT and Fed Publish Digital Dollar White Paper

Reading Time: < 1 minuteThe Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have published a white paper and open source CBDC as part of the first phase of exploring its potential release.

February 4, 2022February 4, 2022 Tony Pearce News

The Bank of England Will Hold a Public Consultation on the Digital Pound Next Year

Reading Time: < 1 minuteThe UK Treasury Department and the Bank of England have just announced they intend to hold a public discussion on a digital version of the pound sterling in 2022.

November 11, 2021November 11, 2021 Tony Pearce News

Central Bank of Singapore Initiates Retail CBDC Study Project

Reading Time: < 1 minuteThe Monetary Authority of Singapore (MAS) has started a project to study the technical aspects of developing a retail CBDC.

November 9, 2021November 9, 2021 Tony Pearce News

4 Central Banks to Test Cross-Border Settlements with CBDCs

Reading Time: < 1 minuteThe central banks of Australia, Malaysia, Singapore and South Africa will create prototype CBDC cross-border digital currency settlement platforms.

September 2, 2021September 2, 2021 Chris Smith News
Wikimedia

Central Bank of Nigeria Publishes Instructions on the National CBDC Project

Reading Time: < 1 minuteThe Central Bank of Nigeria (CBN) has recently issued preliminary instructions for the local banks in relation to the country’s CBDC project.

September 1, 2021September 1, 2021 Tony Pearce News

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