February 14th, 2026
CBDC News - Page 17
India to Create Standard Operating Procedures for Crypto
By Mayowa Adebajo
October 17th, 2022
Sitharaman has always had reservations about crypto, clamouring for the need for global regulators to take a cautious approach to the asset class.
Chinese Government Researchers Ponder Pan-Asian Digital Currency to Loosen US Dollar Dependence
By Tolu Ajiboye
October 14th, 2022
Amid aggressive US rate hikes, Chinese state researchers are floating the idea of a ‘liberating’ pan-Asian digital currency.
Treasury Secretary Janet Yellen Emphasizes Need for Regulatory Framework for Crypto Market
By Ibukun Ogundare
October 14th, 2022
The US Treasury Secretary thinks a CBDC possesses the advantages required for problem-solving in many cases.
Digital Yuan Transactions Volume Tops $14B Mark
By Kofi Ansah
October 13th, 2022
The e-CNY pilot program has already expanded to 23 cities and regions in 15 provinces and provincial-level cities.
India to Begin Testing Its E-Rupee CBDC
By Mayowa Adebajo
October 10th, 2022
Per the RBI, the e-rupee will not only be an alternative to paper money but also an alternative to cryptocurrencies.
Central Bank of Canada Highlights Retail CBDC Archetypes
By Ibukun Ogundare
October 7th, 2022
The Bank of Canada was one of the first sets of central banks to begin in-depth research on CBDC.
SWIFT Unveils Its Blueprint for Central Bank Digital Currency Network
By Godfrey Benjamin
October 5th, 2022
For the important role that the SWIFT network has played thus far in keeping global financial integrity, it is confident in being able to develop a functional system that will make CBDCs a globally liquid legal tender as it is currently doing for fiat.
SWIFT Joins Hands with Chainlink over Cross-Chain Protocol
By Bhushan Akolkar
September 29th, 2022
The Proof-of-Concept will utilize Chainlink’s Cross-Chain Interoperability Protocol (CCIP) while allowing SWIFT messages to instruct token transfers across every blockchain network.
Sweden, Israel and Norway Engage BIS to Explore Cross-border CBDC Payments
By Mercy Tukiya Mutanya
September 29th, 2022
This news comes after an announcement by the BIS revealing that a CBDC pilot involving the central banks of Hong Kong, Thailand, China, and the United Arab Emirates had been successful.
Russia Plans to Use Digital Ruble for International Deals with China
By Kofi Ansah
September 27th, 2022
The head of Russia’s lower house of parliament’s finance committee, Anatoly Aksakov, recently acknowledged that Russia’s access to the world market has been hampered by geopolitical turmoil.
Australia’s eAUD Pilot to Be Completed by Mid-2023
By Mercy Tukiya Mutanya
September 27th, 2022
The white paper stressed that the eAUD pilot program does not guarantee that RBA will issue a CBDC at the end.
Australian Liberal Senator Calls for Stablecoin and Digital Yuan Regulation, Drafts Bill
By Mercy Tukiya Mutanya
September 19th, 2022
Given that the Liberal party is in opposition to the ruling Labour party, it remains to be seen if Senator Bragg’s bill will be passed.
White House Releases Guidelines for Crypto Regulation
By Godfrey Benjamin
September 16th, 2022
One major aspect that was addressed by the new framework is the fight against illicit finance.
Digital Euro Should Be Capped and Green, Five European Nations Suggest
By Sanaa Sharma
September 16th, 2022
The ECB authorities have claimed that the virtual euro will be initially introduced to pay attention to public-based applications like transactions among peers and in retail shops.
Ripple Advisor Hints at Several CBDC Announcements in Next Couple of Weeks
By Sanaa Sharma
September 7th, 2022
Ripple has been very involved with its participation in central bank digital currencies projects since inaugurating an exclusive rendition of the XRP ledger in March 2021 and offering a platform for central banks to safely roll out CBDCs.