May 29th, 2025
CBDC News - Page 13
UK’s Prudential Regulation Authority (PRA) to Propose Rules on Issuing and Holding Crypto Assets
By Steve Muchoki
February 28th, 2023
The PRA intends to harness the UK’s strengths and make it a global financial center by properly adopting digital assets.
ECB Says Digital Euro Should Focus on Online Payments First & Onboard Other DeFi Functionality Later
By Tolu Ajiboye
February 24th, 2023
Although yet to decide on a digital euro, the ECB already believes the CBDC should prioritize online payments and peer-to-peer transactions.
Nigeria’s Central Bank in Talks with Partners to Revamp Its CBDC – eNaira
By Bhushan Akolkar
February 21st, 2023
Two sources familiar with the matter said that the central bank is willing to develop its own software for the CBDC in order to keep full control of the effort.
Red Cross Account Is Promoting Ripple XRP Scam
By Bhushan Akolkar
February 20th, 2023
The compromised Red Cross account stated that Ripple CEO Brad Garlinghouse has initiated an XRP airdrop.
San Francisco Federal Reserve Seeks CBDC Developer to Improve Existing Fiscal Systems
By Tolu Ajiboye
February 20th, 2023
The San Francisco federal bank is scouting for a software developer to research and design a CBDC to facilitate dollar transactions.
Bank of Japan Plans to Launch CBDC Pilot Program in April
By Ibukun Ogundare
February 17th, 2023
The bank plans to invite private companies to participate in a CBDC Forum, which it will set up.
UAE Announces FIT Programme to Issue CBDC and Forster Digital Payments
By Steve Muchoki
February 13th, 2023
The launch of the FIT programme is in line with the UAE’s vision for 2031 to digitize the economy with the full integration of CBDC set for 2026.
China Launches Blockchain Research Center to Expedite National Adoption Trends
By Tolu Ajiboye
February 10th, 2023
The government in China is planning a specialized blockchain research center in Beijing to aid the country’s digitization agenda.
Brazil to Begin Digital Real Tests with Focus on Security and Transaction Privacy
By Mayowa Adebajo
February 10th, 2023
Brazil wants to see the degree of security and privacy that its CBDC can bring to the system.
India’s Digital Rupee Pilot Onboards 50,000 Users, RBI ‘In No Hurry’
By Mercy Tukiya Mutanya
February 9th, 2023
Data from an official digital rupee application by the ICICI Bank shows that the pilot program is full and is not taking any more users.
Bank of England (BoE) Unveils Design Phase of Digital Pound as Retail CBDC
By Bhushan Akolkar
February 8th, 2023
The consultation paper for Digital Pound notes that the e-GBP will be launched in public-private partnership to boost retail adoption.
Bank of England and Treasury to Launch Digital Pound but It Won’t Replace Cash
By Babafemi Adebajo
February 7th, 2023
Despite the widespread consultations on the subject, the project is not yet ready.
BIS Report: CBDCs and Crypto Assets Could Emerge from Turmoil
By Bhushan Akolkar
February 6th, 2023
The head of BIS Innovation said that CBDCs will continue to progress despite market turmoil. Some big economies are already working on it.
China Distributes CBDC during Lunar New Year Holidays to Enhance Adoption
By Ibukun Ogundare
February 6th, 2023
Apart from the Lunar New Year activities, the Chinese government has been taking steps to improve the use of its CBDC.
Reliance Retail Adds Support for India’s CBDC – Digital Rupee
By Godfrey Benjamin
February 2nd, 2023
The RBI is yet to announce when and whether the Digital Rupee will be launched for general use.