May 2nd, 2025
CBDC News - Page 20
President of Central Bank of Brazil: Real Digital Will Enable Banks to Issue Stablecoins
By Steve Muchoki
April 13th, 2022
According to Neto, the Brazilian CBDC dubbed Real Digital will enable traditional banks to issue stablecoins in a regulated channel.
EU Finance Ministers Say Digital Euro Will Bring Additional Privacy Safeguards
By Bhushan Akolkar
April 5th, 2022
Lawmakers at the European Commission believe that Digital Euro could facilitate enhanced privacy for small value transactions.
US Introduces ‘ECASH’ Bill in New Bid to Create Electronic Cash
By John K. Kumi
March 29th, 2022
The ECASH Bill charges the Treasury Secretary to create and issue the digital dollar with a focus on privacy preservations and anonymity in transactions.
Central Bank of Honduras Denies Bitcoin as Legal Tender Rumours
By Mercy Tukiya Mutanya
March 24th, 2022
Since El Salvador adopted Bitcoin as legal last September, there has been speculation on which countries in the region would follow suit.
ECB President Says Crypto Is and Has Been Threat
By Ibukun Ogundare
March 23rd, 2022
he ECB predicts that the digital euro will be available in two years.
Malaysian Ministry to Petition Government to Regulate Cryptos
By John K. Kumi
March 21st, 2022
Deputy minister of Communications and Multimedia disclosed that the ministry is exploring possibilities and measures to safely improve the participation of young people in the industry.
Arab Regional Fintech Working Group Lists RippleNet as Alternative to SWIFT
By Ibukun Ogundare
March 18th, 2022
The Arab Regional Fintech Working Group puts RippleNet in an important position regarding the future of blockchain-based financial institutions.
China’s Digital Yuan to Compete with US Dollar in Coming Decade
By Godfrey Benjamin
March 17th, 2022
Despite the obvious war in the race for supremacy on the digital currency scene, industry advocates are pushing the narrative that it is pointless for the United States to compete against China’s Digital Yuan.
Bank of Canada Announces CBDC Research Collaboration with MIT
By Mercy Tukiya Mutanya
March 17th, 2022
The central bank has in the past hinted that the launch of a CBDC in the neighboring US could be a catalyst for a Canadian CBDC.
Bitcoin Is in Better Position to Assist Governments in Creation of Lower-Cost CBDCs, Says Deloitte
By Kofi Ansah
March 15th, 2022
The report also suggested that countries that implement a nationwide CBDC first will have an early advantage in influencing how their local currency fares in international markets and trading.
Crypto-Related Stocks Jump on Regulatory Clarity from US, EU, UAE
By Steve Muchoki
March 10th, 2022
Crypto-related stocks especially in the mining firms like Riot Blockchain and Marathon Digital Holdings gained 11.52%, and 14.9% respectively.
Philippines Central Bank Sets Course for CBDC via Project CBDC-Ph
By Steve Muchoki
March 7th, 2022
The Philippines is an emerging economy that is shifting from the agricultural market to the services and manufacturing industry.
Experts Say Russia Could Use Crypto to Evade US Sanctions
By Ibukun Ogundare
February 24th, 2022
Russia is preparing to avoid the negative impact of the sanctions through crypto. Experts revealed that Russia is willing to collaborate with anyone around the globe. These entities will then use crypto instead of bank transfers.
More than $315,000 Worth of Digital Yuan Is Transacted Daily at Beijing Olympics
By Godfrey Benjamin
February 16th, 2022
The integration of Digital Yuan payments through the Olympic Games has drawn a number of criticisms from world leaders.
European Union Like to Introduce Its Digital Euro Bill in Early 2023
By Bhushan Akolkar
February 11th, 2022
The ECB is looking to accelerate its plans with the issuance of Digital Euro as other economies and central banks are gearing up with similar plans.