February 13th, 2026
CBDC News - Page 3
Trudeau’s Rival Pledges to Protect Cash Usage, Vows to Ban CBDC in Canada
By Temitope Olatunji
August 12th, 2024
Bill C-400 aims to stop the creation of a CBDC in Canada and ensure cash remains available across the country.
Tech Giants Join e-Rupee Pilot: Google Pay, Amazon Pay, and Others Embrace India’s Digital Currency
By Temitope Olatunji
August 5th, 2024
Although e-rupee transactions increased in late 2023, amassing to over 1 million a day, it has now reduced to between 100,000 to 200,000 per day.
Qatar Expects to Enact Crypto Regulation by Q4 2024
By Anisha Pandey
July 29th, 2024
Currently, Qatar’s crypto regulation remains stringent, with a blanket ban on most cryptocurrency transactions. Exceptions are made for tokenized securities and other regulated financial instruments.
India to Release Crypto Policy Discussion Paper by September, No Immediate Regulatory Shift Expected
By Anisha Pandey
July 25th, 2024
The upcoming discussion paper comes after G20 member countries last year agreed that each country should individually assess risks and potential use cases associated with digital assets.
Taiwan Set to Test CBDC by Year-End, Says Official
By Bena Ilyas
July 10th, 2024
Although an official CBDC pilot or issuance date remains unconfirmed, there are indications of a possible trial run later this year.
North Carolina General Assembly Passed Bill to Ban CBDCs
By Bhushan Akolkar
June 27th, 2024
Senator Brad Overcash, R-Gaston, said that the bill aims to discourage the US federal government from pursuing a plan that could jeopardize one of America’s most vital assets: the US dollar.
Swiss National Bank Extends Wholesale CBDC Pilot Program by at Least Two Years
By Steve Muchoki
June 20th, 2024
The Swiss National Bank (SNB) was to close its ongoing wholesale CBDC program by June 30, but more institutions will join the pilot project instead.
IMF: CBDCs Can Help Middle-East Boost Its Financial Inclusion Plan
By Bhushan Akolkar
June 19th, 2024
A recent IMF survey conducted for Central Asia and the Middle East region shows that central bank digital currencies (CBDCs) may be useful for financial inclusion and lower financial costs. However, the IMF noted that adopting a CBDC requires careful consideration.
Nabatech Taps Substrate by Polkadot to Build Inclusive CBDC Solutions
By Godfrey Benjamin
June 19th, 2024
Some features of Substrate by Polkadot include support for wholesale and retail transactions involving CBDCs.
South Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services
By Temitope Olatunji
June 17th, 2024
Six projects are being proposed for the public sector, including the development of a CBDC-based digital voucher management platform by the Bank of Korea.
Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute
By Bena Ilyas
June 17th, 2024
Ripple’s increasing influence is evident as 80% of Japanese banks have partnered with the company for blockchain-based payment solutions.
More than 90% of BIS Members Considering Issuing CBDC
By Steve Muchoki
June 14th, 2024
The latest report from the Bank for International Settlements (BIS) revealed that 94 percent of 86 central banks are considering a CBDC soon.
HSBC Offers e-CNY Services, Integrating Digital Yuan for Corporate Clients
By Bena Ilyas
June 10th, 2024
HSBC Bank announced that corporate clients can now link their bank accounts directly with digital yuan accounts.
Hong Kong’s SFC Chief Praises Bitcoin’s 15-Year Resilience amidst Regulatory Shifts
By Bena Ilyas
June 6th, 2024
Leung stated that their objective is to balance catering to investor demand with implementing robust safeguards to mitigate risk.
Stand With Crypto Claims to Have Exceeded 1M Signups
By Anisha Pandey
June 6th, 2024
A recent survey from Harris Polls commissioned by the crypto industry shows that a large segment of the public is watching candidates’ positions on digital assets