December 17th, 2025
CBDC News - Page 11
Leaked Digital Euro Bill Supports Offline Usability, Shuns Interests
By Godfrey Benjamin
June 15th, 2023
The potential issuance of fiat currency in digital form has garnered global attention, with various jurisdictions exploring the concept. The EU, the US, and the UK are among those actively considering the implementation of a CBDC.
President of Brazil Signs Decree Giving Central Bank Control Over Crypto Firms
By Tolu Ajiboye
June 15th, 2023
According to the bill, the central bank of Brazil has control over crypto firms, while the CVM handles tokens that are securities.
European Central Bank (ECB) Finalizes Digital Euro Prototype Ahead of Potential CBDC Launch
By Tolu Ajiboye
May 30th, 2023
The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.
Bank of Japan (BoJ) Releases Results from Proof of Concept Phase 2 and Launches Digital Yen Pilot Program
By Steve Muchoki
May 30th, 2023
The Bank of Japan (BoJ) has noted that it will work closely with the private business community in the CBDC pilot program.
Bank of Brazil Includes 14 Participants in Its CBDC Pilot
By staff writer
May 26th, 2023
The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions.
Florida Governor Offers Support for Crypto, Vows to Protect Bitcoin if Elected as President
By staff writer
May 25th, 2023
The Florida governor highlighted Congress’s deliberate acts of never addressing cryptocurrencies, describing them as a bureaucracy that just loves to impose its will.
Ripple Joins Dispersion Capital’s $40M Decentralized Infrastructure Fund
By Godfrey Benjamin
May 24th, 2023
The focus of the Dispersion Capital fund is to promote decentralization which is at the core of Web 3.0.
Ripple Labs Debuts CBDC Platform for Central Banks
By Godfrey Benjamin
May 18th, 2023
The CBDC Private Ledger, according to Ripple, will handle tens of thousands of transactions per second.
Governor Ron DeSantis Bans Digital Dollar in Florida, Other States Prepare to Emulate Decision
By Mayowa Adebajo
May 18th, 2023
The decision of Governor DeSantis to ban CBDCs in Florida has drawn criticism from some legal experts.
Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC
By Bhushan Akolkar
May 15th, 2023
Samsung and BOK will continue to explore new ways of developing a CBDC ecosystem and leverage the NFC technology to power offline CBDC payments.
Here’s How Visa’s Blockchain Innovations Are Empowering Small Businesses
By Bhushan Akolkar
May 9th, 2023
Visa is working with its partners to launch programmable CBDCs thereby optimizing capital flows to SMEs.
Bank of Canada Seeks Public Opinion on Digital Canadian Dollar
By Mayowa Adebajo
May 9th, 2023
Despite BoC’s efforts to keep abreast of global trends, it is no rush to develop its central bank digital currency CBDC.
Visa Announces Ambitious Crypto Product Roadmap Tapping on Ethereum Network
By Steve Muchoki
April 25th, 2023
Visa is likely to tap the Polygon network to scale its Ethereum smart contract capabilities in Web 3.0 development.
Chinese City Changshu to Begin Paying Public Servants with Digital Yuan
By Mayowa Adebajo
April 24th, 2023
China remains at the forefront of CBDC adoption on a global scale.
European Parliament Report Urges Continued Research but Not Launch of Digital Euro
By Mercy Tukiya Mutanya
April 20th, 2023
The ECB is set to decide in October whether to continue its CBDC research with a “realization phase.”