February 14th, 2026
CBDC News - Page 18
India’s Central Bank Prepares for CBDC Trial Along with Local Fintechs
By Bhushan Akolkar
September 6th, 2022
The RBI is also reportedly consulting with a US-based financial services company FIS fo the launch of its central bank digital currency (CBDC).
IMF Pushing for New and Efficient Global Payment System with CBDCs
By Godfrey Benjamin
September 2nd, 2022
There are also many negativities that Central Bankers focus on when it comes to the use of digital currencies for international or even local transactions.
Digital Dollar Project Launches Technical Sandbox Program to Explore CBDC Infrastructure Solutions
By John K. Kumi
September 1st, 2022
Digital Asset, EMTECH, Knox Networks, and Ripple are named among the participants of the new program.
Fed’s FedNow Payment System Expected to Be Launched Next Year, Says Brainard
By John K. Kumi
August 30th, 2022
It is important to note that FedNow is not a blockchain-based product like Cosmos, Monero, Polkadot, or Bitcoin.
Nigeria Expands eNaira Project to Reach Unbanked Population
By Babafemi Adebajo
August 19th, 2022
Nigeria launched its Central Bank Digital Currency, the eNaira, in October 2021, becoming the first African country to do so.
ECB: CBDCs the ‘Only Solution’ to Survival of Monetary System
By Mercy Tukiya Mutanya
August 18th, 2022
Citing the emergence of cryptocurrencies and large digital platforms, ECB states that CBDCs are “the only solution to guarantee a smooth continuation of the current monetary system”.
US Federal Reserve Governor Pushes for FedNow Instead of US CBDC
By Bhushan Akolkar
August 18th, 2022
Fed governor said that the FedNow service will cater to the demand for instant payments while addressing a key value proposition of having a US CBDC.
Reserve Bank of Australia Set to Initiate One-Year CBDC Pilot Program
By Tolu Ajiboye
August 9th, 2022
The RBA has announced plans to conduct a yearlong pilot research phase for CBDC applicability in Australia.
State of Crypto Adoption in Germany
By Kofi Ansah
August 5th, 2022
This Western European country is now tied with the US as the most crypto-friendly economy.
Thailand CBDC Pilot Could Commence Later This Year
By John K. Kumi
August 5th, 2022
According to reports, the pilot will focus on two important factors namely: The Foundation track and the Innovation track.
ECB: Bitcoin Is Least Credible for Cross-border Payments
By Babafemi Adebajo
August 2nd, 2022
The ECB noted that CBDCs provide a more credible alternative compared to unbacked digital assets.
Taiwan to Ban Crypto Purchases Using Credit Cards
By Kofi Ansah
July 22nd, 2022
The FSC also added that credit cards cannot be used for stocks, online gambling, futures options, and other transactions in Taiwan.
Tepid Response to Potential Federal Reserve-issued Digital Dollar Suggests CBDC May Still Have Some Way Out
By Tolu Ajiboye
July 6th, 2022
At the Federal Reserve conference on the digital dollar, panelists said that a proper crypto regulatory framework should come first.
Ripple Labs Launches Hackathon to Promote CBDC Usage on XRP Ledger
By Godfrey Benjamin
June 28th, 2022
The blockchain payments company, Ripple Labs Inc has announced the launch of its hackathon dubbed Ripple CBDC Innovate challenge as it seeks to power innovation bordering on Central Bank Digital Currencies.
G7 Pushes for Greater Crypto Regulation, and That Might Be a Good Thing
By Kseniia Klichova
June 27th, 2022
Finance ministers and central bankers from the Group of Seven (G7), a group of nations boasting the world’s most advanced economies, recently stepped up their calls for more stringent regulation of cryptocurrency assets, especially so-called stablecoins that are pegged to the price of traditional fiat currencies.