Category: Central Bank Digital Currency (CBDC)
India Collaborating with United Arabs Emirate to Develop Central Bank Digital Currencies
On March 15, the apex bank of the United Arabs Emirates (UAE) penned a memorandum of association (MoU) with the Reserve bank of India to…
Bank of Jamaica Collaborates With e-Currency to Facilitate The Mass Adoption of Its CBDC-JAM-DEX
The Bank of Jamaica(BOJ), in the quest to facilitate its Central Bank Digital Currency(CBDC), allied with e-currency. The provision of technical aids for the nationwide…
Trust Wallet Incorporates Coinbase Pay and Binance Pay
Trust wallet (TW), a top provider of multi-bond and self-controlled wallets, has unveiled its latest collaboration with other exchanges. The company has incorporated Coinbase Pay…
U.S. Clearing House Opposes Plan To Limit Bank Participation In CBDC
The adoption and use of cryptocurrencies have risen globally, and several countries have begun to launch their cryptocurrency. The United State Government, under the administration…
Japanese Credit Bureau Launched CBDC Payment Usage Tests
The Japanese credit bureau (JCB) has launched a crypto project that would test the payment settlement function of CBDC. In addition, Japanese regulators have softened…
ECB President Said Digital Euro Would Protect Users’ Privacy
According to reports, Christine Lagarde, ECB president, promised that details of digital Euro users are not for commercial purposes. She added that the agency is…
Australian Reserve Bank To Start Pilot Phase Test For eAUD In Mid-2023
According to reports, Australia has decided to start the pilot test phase of its potential digital Australian dollar next year. The stage would evaluate the…
DDP launches Technical Sandbox To Explore U.S’ CBDC Use Cases
The latest news report showed that Thinktank, an American digital dollar project (DDP), has released a technical sandbox. They claimed it would help define the…
Reserve Bank of Zimbabwe has a Roadmap for CBDC Adoption
John Mangudya, the governor of the central bank in Zimbabwe, recently talked about his organization’s efforts of developing a roadmap for the adoption of a…
Lebanon Banks Association Calls IMF Agreement ‘Unlawful’
An adviser of Lebanon’s Association of Banks send a letter to the IMF on behalf of the banks in the country. It used words like…
