The Bahamas is going to Launch World First Digital Currency In October
Hassan Mehmood (Saudi Arabia)Central Bank of The Bahamas announces the launch date of the central bank digital currency called Sand Dollar. Bahamas will…
China Needs to Shatter the Hegemony of the US Dollar, suggests PBOC
China’s yuan may challenge the dollar dominance as the central bank of China is determined to issue state digital currency…
dGen Report Says Three Countries May Replace Their Currencies With CBDCs in the Next 10 Years
Various central banks all across the whole world are working on introducing their own Central Bank Digital Currencies including the…
Mastercard Rolls out Virtual Platform for Central Banks to Assess and Test CBDCs
Mastercard rolls out a virtual platform for central banks to test national digital currencies. Central banks can explore the feasibility…
Chinese Bank CCB Opened DCEP Wallet Registration but it is being shut down
China’s one of the major banks China Construction Bank (CCB) started wallet registration for DCEP (digital currency electronic payment) according…
Russia’s Largest Sberbank Starts Thinking to Roll out its Stablecoin
One of the largest banks of Russia has given a hint to launch its stablecoin. Sberbank starts considering to launch…
Philippines’ Central Bank Sets up Committee to Study the Feasibility and Implications of Issuing a CBDC
As various countries have stepped into the digital era of currency and have started researching on the feasibility of central…
Fisco Executive – Digital Yuan May Not Prevail Due to “the China Dream”
China’s Central Bank Digital Currency (CBDC) also known as Digital Yuan is undergoing its testing phase. Among other countries who…
China Decides to test Digital Yuan on Giant Tencent-backed Food Delivery Platform
To test the Chinese digital currency, digital yuan, the central bank of China will employ the food delivery platform, Meituan…
Central Bank Digital Currency is the Need of the Hour, but Privacy is the major Concern
Central bank digital currency (CBDC) is the future of finance that may replace cash soon. But before it applies on…
Chinese Ride-Hailing Giant DiDi Becomes a Part of Digital Yuan Project
The People’s Bank of China (PBoC), the central bank of china has found a new partner who has desired to…
Bank of Settlements Says that CBDC Will Increase Central Banks Footprint Across The Financial Sector
Ifaenyi Egede (Nigeria)According to the Economic Adviser and Head of Research at the Bank of Settlements, has noted that the implementation of…
Soramitsu to Begin The Test Phase of White Tiger in Japan
Ever since the first time that China announced that it was planning to launch its own Central Bank-backed digital currency,…
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COVID-19 Exemplifies the Need for Central Banks to Accelerate CBDCs Development, Says BIS
Leah Hutton (Luxembourg)The Bank of International Settlements (BIS) has illustrated its narrative on CBDCs and says in its latest report that the…
Chinese Official – China Completes CBDC’s Background Architecture Development
The Central Bank Digital Currency (CBDC) of China also known as the Digital Yuan has just undergone another development phase…
Chinese Officials Propose East Asia Digital Currency to Rival Dollar and Libra
East Asia Digital Currency Reports making the rounds and coming out of China is that the officials in the region…