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Archive: News

Russian
News

Bank of Russia Launches Digital Ruble Live Trial Amid Continued Resistance to Nationwide Crypto Adoption

The Bank of Russia has kicked off the live trial of its digital ruble ...

CBDC
News

Jordan’s Governing Bank Discloses CBDC Plans

The Central Bank of Jordan (CBJ) is currently looking into issuing a central bank ...

China
News

China to Roll Out Digital Yuan for Foreigners at the Beijing Winter Olympics

China is rolling out public access to its digital yuan central bank digital currency ...

BTC
News

BIS Reports Says That CBDCs Can Reduce Remittance Costs by 50%

The Bank for International Settlements (BIS) issued a report on Tuesday on central bank digital currencies ...

CBDC
News

Bhutan Royal Monetary Authority Partners with Ripple to Launch CBDC

The Royal Monetary Authority (RMA), Bhutan’s central bank, is partnering with Ripple to launch its central ...

News

Indian Central Bank Governor Expresses “Serious and Major Concerns” About Crypto

The governor of the Reserve Bank of India (RBI), has revealed serious reluctance on ...

BIS
News

World Bank, BIS, and IMF Push for Integrated CBDCs for Better Cross-border Payments

A joint report by the World Bank, the International Monetary Fund (IMF), and the Bank of ...

Singapore
News

France and Singapore Successfully Complete Cross-Border Payments Test Using CBDCs

Singapore and France have successfully completed cross-border payment tests using multiple central bank digital ...

eCurrency
News

Bank of Jamaica Partners with eCurrency Mint on CBDC Project

Jamaica has revealed plans to partner with crypto company eCurrency Mint to pilot its ...

Digital
News

Fed Chair Says Digital Dollar Will Complement Fiat Currency And Not Replace It

The chairman of the US Federal Reserve, Jerome Powell, noted that the US central ...

Digital Currency
News

Bank of Japan Rolls Out Plans for the Testing of Digital Currency

The Bank of Japan governor recently announced that the apex bank would start experimenting ...

CBDC
News

Indian Lawmakers Pass Bill For Blanket Ban Of All Cryptocurrencies In The Country

Indian lawmakers have introduced a bill to ban all cryptocurrencies across the country and ...

NFT
News

Ripple Plans To Offer XRP Ledger, Interledger Protocol, As Toolset For Central Banks To Develop CBDCs.

Payment protocol, Ripple, is offering its XRP Ledger and payment platforms to central banks ...

Digital Currency
News

Over 30 Japanese Firms To Test Private Central Bank Digital Currency In 2021

Several Japanese firms are planning to carry out a common private test on digital ...

Reserve Bank
News

Reserve Bank of Australia Explores Wholesale CBDC on Ethereum Blockchain

The Reserve Bank of Australia (RBA) has started exploring the possible use and implications ...

Central bank
News

Central Bank of Kenya Looking For ‘Other Global Players’ To Explore The CBDC Space

The central bank of Kenya (CBK) is planning to explore the digital currency space. ...

Crypto
News

Binance CEO Says Central Bank Digital Currencies Could “Threaten” Bitcoin

The CEO of Binance, Changpeng Zhao (CZ), said that the launch of central bank ...

IMF
News

CBDC Poses Monetary Policy Benefits But Not Solution To Every Crisis – IMF Report

The International Monetary Fund (IMF) said that Central Bank Digital Currencies (CBDCs) would not ...

Digital Currency
News

Bank of Japan Predicts High Demand For CBDC With Test Trials In April 2021

The Bank of Japan (BOJ) has forecasted that in 2021, there will be a ...

CBDC
News

China Has Processed 1.1 Billion Yuan Worth Of Transactions In Ongoing CBDC Pilot Tests

The People’s Bank of China (PBOC) has already carried out 1.1 billion worth of ...

Bahamas
News

The Bahamas To Launch ‘Sand Dollar’ CBDC In October Ahead Of China, Others

The Bahamas is looking to release its state digital currency sooner than any other ...

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