Bank of Jamaica Mints First Batch of National Digital Currency
Shelly Melancon (Switzerland)Jamaica is vigorously advancing with its Central Bank Digital Currency (CBDC), and progress can be seen as the Bank of…
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Stablecoin
Stablecoin Have More Benefits Than Central Bank Digital Currencies
Governor Christopher J. Waller, a member of the federal reserve system board of governors, has opined that private stablecoins are…
BDC: US Congress Members Bicker Over Digital Dollar
Indeed, China and the PBoC is leading the pack of central banks globally eyeing central bank digital currencies (CBDC). The…
Only CBDCs can Help Banks from Failing, Says US Senator Elizabeth Warren
Hassan Mehmood (Saudi Arabia)US senator Elizabeth Warren has favored CBDC's, and she thinks that these are the only instruments that can be used…
New Ukraine Legislation Empowers Apex Bank For Issuance of CBDC
As predicted, central bank digital currencies (CBDCs) are gaining attention. A new Ukraine bill entitled 'On Payment Service' has been…
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Estonia’s Central Bank Tests Blockchain-Powered Digital Euro Solution
After completing its digital currency trial, Estonia central bank (ECB) concludes that the digital euro (Europe’s Central Bank Digital Currency)…
The Craze For CBDCs Is Becoming Alarming For Crypto Users: Here Is Why
For a long time now, various central banks all over the world have been working towards establishing central bank digital…
Nigeria To Commence Creation Of Central Bank Digital Currency in October
Nigeria’s central bank has revealed plans of creating its central bank digital currency, following the lead of many countries globally.…
Kakao Wins South Korea’s CBDC Pilot Program Bid
IT firm Kakao has won the keenly contested bid event for South Korea's CBDC pilot program. Tokenhell had earlier reported…
Tech Firms Battle for Bank of Korea CBDC Contract
The Bank of Korea (BoK) is intentional about releasing a CBDC as it announced bid results for partnership on issuing…
CBDCs Court the Attention of IMF, World Bank and BIS at G20
The International Monetary Fund (IMF), the World Bank and the Bank of International Settlements (BIS) have suggested to the G20…
New Zealand’s Reserve Bank to Assess CBDC Prospects in Research Papers
With Central Bank Digital Currencies (CBDCs) already gaining traction among different countries and central banks around the world, New Zealand's…
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Russia
Twelve Banks to Help The Bank Of Russia Test Digital Ruble
The Bank of Russia is collating a list of financial institutions that would run a first trial of the digital…
Singapore’s Monetary Authority Offers Cash Prizes to Test New Retail CBDC Solutions
Singapore's central bank wants fintech companies to proffer methods to create an ideal central bank digital currency (CBDC). The central…
Bank for International Settlements Delighted About CBDCs
The Bank for International Settlements (BIS) is unwavering in its endorsement of central bank digital currencies (CBDCs). The bank asserted…
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China’s Digital Yuan Due for Launch; Banks Not Ready for it yet
Countries around the globe are taking bold steps in launching a central bank digital currency (CBDC) to keep up with…