May 1st, 2025
CBDC News - Page 14
Montenegro Central Bank Teams Up with Ripple to Develop CBDC
By Darya Rudz
January 31st, 2023
Ripple and Montenegro’s Central Bank agreed on developing a pilot project for a national digital currency. However, the specifics of the upcoming project are not yet known.
UK Treasury Looking for CBDC Head to Develop Digital Pound
By Darya Rudz
January 25th, 2023
The expert will work on delivering the strategic goals of the UK Treasury within its CBDC ambitions, lead the expanding CBDC team, analyze CBDC policy issues, as well as represent and advance the Treasury’s interests in international engagement on CBDC.
ECB Says Digital Euro Will Be Free, Outlines More Plans
By Ibukun Ogundare
January 24th, 2023
The ECB believes that the digital euro answers the increasing preference for digital payment.
Ukraine Deputy Prime Minister Plans to Take Salary in CBDC
By Ibukun Ogundare
January 18th, 2023
The revelation by the deputy president of Ukraine to receive his salary in the nation’s CBDC is just another indicator of the widespread adoption of digital assets globally.
China’s CBDC, e-CNY Used to Purchase Securities for First Time
By Godfrey Benjamin
January 17th, 2023
Previously, the Chinese CBDC has been subjected to a series of retail trials in some of its most technologically advanced regions including but not limited to Shanghai and Suzhou.
Bank of England to Backtrack on Digital Pound as Digital Euro Receives Major Boost
By Mayowa Adebajo
January 17th, 2023
Several nations trying to adopt CBDCs have maintained that digital currencies should only complement cash rather than outrightly replace them.
Five Associations Form UK FDC to Guide Country’s Digital Currency Future
By Steve Muchoki
January 12th, 2023
The UK FDC will focus on the potential for a Central Bank Digital Currency (CBDC), as well as the regulatory approach to stablecoins and other valuable crypto assets.
China Recognizes Digital Yuan in Cash Circulation Data
By Ibukun Ogundare
January 12th, 2023
The update on the digital yuan in circulation was revealed by the People’s Bank of China (PBoC) in the 2022 Financial Statistics Report.
UK Nears Stablecoin Launch, Considers CBDC in Long Term
By Babafemi Adebajo
January 11th, 2023
Griffith expects the stablecoin to lead up to the introduction of a CBDC.
Mexican CBDC Issuance to Be Delayed Past 2024
By Tolu Ajiboye
January 9th, 2023
The Mexican CBDC will not launch until after 2024 because its development is still in its initial stages.
ECB Official Pushes for CBDC Development Citing Betterment for Consumers
By Bhushan Akolkar
January 6th, 2023
The ECB executive called the European Union’s Markets in Crypto Assets (MiCA) an important step.
Indonesia to Float Crypto Exchange This Year
By Godfrey Benjamin
January 4th, 2023
In Indonesia today, a total of 383 digital currencies and 10 local tokens can be traded by investors on approved exchanges in the country.
CBRT Announces Successful First Payment of Digital Turkish Lira with More Test Scheduled for Q1 2023
By Steve Muchoki
December 30th, 2022
According to CBRT, the Digital Turkish Lira needs vigorous testing to ensure that the underlying distributed ledger technology does not fail after rollout.
Former PBoC Official Slams e-CNY as Being Underutilized
By Godfrey Benjamin
December 29th, 2022
The Chinese government designed the e-CNY as a digital payment instrument that can serve as a substitute for the fiat yuan in regular day-to-day activities.
Digital Dollar Will Eventually Make Its Way into Market
By Bhushan Akolkar
December 29th, 2022
The policy research director at the Digital Dollar Project said that the Federal Reserve is waiting for Congress to initiate legislation on CBDC, for them to proceed further.