Category: Central Bank Digital Currency (CBDC)
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…
Nigeria Exchange Ltd. Planning to Adopt Blockchain Technology
The applications of blockchain technology appear to be growing, not just in the crypto market, but in the world of traditional finance as well. The…
Nigeria, Kenya Central Bankers Prefer CBDC over Crypto
On Friday, central banks from Nigeria and Kenya said that financial stability is at risk because of cryptocurrencies, whereas the problems could be resolved via…
Cryptocurrencies Are Risky and Require Regulation – Vladimir Putin Says
The Russian Federation President Vladimir Pout has said that cryptos carry risks. He added that digital coins require regulations. That comes after recent news stated…
Samsung To Take Part In South Korean CBDC’s Pilot Program
Samsung has started a partnership with South Korea for the country’s pilot project to test CBDC (central bank digital currency), which is at the stage…
Central bank of Indonesia Mobilizes Official Supervisors For Enforcing Digital Assets Payments Ban
The Governor at the Central Bank of Indonesia has been hiring many inspectors to make sure that financial institutions and other companies are not involved…
Mu Changchun Believes CBDC Will Provide Support For The Country’s Retail Payment Market
When China first announced that it would be launching a digital currency- the digital yuan last year, many divided opinions were observed about the innovation….
ECB Boss Proposes 3,000 As The Minimum Balance For Digital Euro Holding
Central Bank Digital Currencies has been the debate of the entire financial institutions across the world. Even though countries like China have made remarkable progress,…
