December 17th, 2025
CBDC News - Page 10
Bitcoin Remains Largely Speculative Asset than Global Currency, Says BoE’s Andrew Bailey
By Steve Muchoki
July 11th, 2023
The Bank of England’s governor reiterated that fiat currencies will not be replaced by crypto like Bitcoin since they are extremely speculative assets.
BIS Survey Reveals 24 Central Banks Planning to Introduce CBDCs by 2030
By Chimamanda U. Martha
July 10th, 2023
According to the survey, progress in the global development of CBDCs has continued since last year, with a particular emphasis on emerging economies where CBDCs are viewed as a means of providing financial access to unbanked individuals.
Ripple Lauds London’s Approach to Digital Currencies, Seeks to Expand Presence in Region
By Mayowa Adebajo
July 7th, 2023
Ripple is, now more than ever, convinced about expanding its presence in London.
Bank of England Partners with Nuggets to Boost CBDC Privacy and Security
By Babafemi Adebajo
July 6th, 2023
Nuggets is also working with the European Commission’s Joint Research Centre to develop a privacy-preserving solution for cross-border payments.
UK Passes Legislation to Support Safe Adoption of Crypto Assets Post Brexit
By Steve Muchoki
June 30th, 2023
The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles.
ECB Set to Launch CBDC Market Settlement Trials by 2024
By Tolu Ajiboye
June 29th, 2023
As research continues into a possible digital euro, the ECB plans to begin trials that settle transactions using a CBDC.
North Carolina House Passes Bill to Study How Holding Bitcoin Could Be Profitable for State
By Temitope Olatunji
June 29th, 2023
The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent.
BoE Reassures Britons Digital Pound Will Be Privacy-Centric CBDC
By Steve Muchoki
June 27th, 2023
The Bank of England (BoE) has made extensive research on the best format for developing a digital pound to supplement the fiat system.
Swiss National Bank to Launch Wholesale CBDC (wCBDC) Pilot Soon
By Chimamanda U. Martha
June 27th, 2023
The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs.
Singapore’s Central Bank Proposes Interoperable Network Design for Tokenizing Assets
By Tolu Ajiboye
June 26th, 2023
Singapore’s MAS created the report with 11 banking giants to run several pilots improve market issuance by tokenizing assets.
Bank of France Governor Pushes on Need for Euro CBDC
By Godfrey Benjamin
June 23rd, 2023
Villeroy de Galhau touched on not only the e-euro but also the banking crisis and its consequences for the eurozone.
EU Commission’s CBDC Agenda Is Back on Track after Publication of MiCA in OJEU
By Steve Muchoki
June 21st, 2023
The EU’s track on the CBDC agenda has previously been scrapped following internal discussions earlier this week.
Britcoin’s Launch Nears after Project Rosalind CBDC Study
By Temitope Olatunji
June 19th, 2023
The Bank of England is progressing with its Britcoin digital currency project as it released results from the Rosalind project, which started in July 2022.
Bank of England (BoE) Concludes CBDC Test Project towards Potential Official Launch
By Tolu Ajiboye
June 16th, 2023
Following a successful Project Rosalind CBDC test, the BoE is making progress with developing and launching a digital pound.
Ripple Teams Up with Colombia’s Banco de la República for Blockchain Pilot
By Babafemi Adebajo
June 16th, 2023
Ripple’s partnership with Colombia’s central bank is another step towards its vision of “enabling the Internet of Value”.