[Jan 24, 2023 2:00 PM] The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
[Jan 23, 2023 5:00 PM] With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for…
[Jan 23, 2023 11:29 AM] ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app.
[Jan 23, 2023 3:30 AM] The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based…
[Jan 22, 2023 8:39 PM] A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm involved in building China’s national blockchain project.
[Jan 21, 2023 8:01 AM] At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu.
[Jan 21, 2023 1:30 AM] A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the…
[Jan 20, 2023 5:30 AM] A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation…
[Jan 19, 2023 8:21 PM] China's central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments.
[Jan 19, 2023 2:30 AM] The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the…
[Jan 18, 2023 3:55 PM] The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership.
[Jan 18, 2023 1:45 PM] To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros.
[Jan 18, 2023 3:30 AM] The city of Shanghai is bringing metaverse activities to 20 urban locations, that will allow citizens to use digital tools in different ways according to the area. The initiative is part of a pilot program of the Shanghai Municipal Commission of…
[Jan 18, 2023 12:30 AM] Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker…
[Jan 17, 2023 1:30 AM] After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). During the research phase, the central bank said it…
[Jan 16, 2023 10:30 PM] The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority…
[Jan 16, 2023 3:48 PM] The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making.
[Jan 15, 2023 5:30 AM] Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on the Stellar network. The bank believes that its electronic money platform represents an economically viable implementation…
[Jan 13, 2023 1:30 PM] The report concentrates on real-world research from low- and middle-income countries and untangles questions of inclusiveness, trust and functionality.
[Jan 12, 2023 1:00 PM] The latest Bank of International Settlements bulletin looks at ways to mitigate the risks of crypto assets and suggests traditional finance could get its house in better order too.
[Jan 12, 2023 4:30 AM] The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025.
[Jan 12, 2023 3:00 AM] The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official…
[Jan 11, 2023 1:45 PM] The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global financial center.
[Jan 11, 2023 2:30 AM] The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first…
[Jan 10, 2023 3:45 PM] MP Andrew Griffith and colleagues spoke before a hearing of the U.K. parliamentary Treasury Committee about payments technology and CBDC.
[Jan 8, 2023 5:30 PM] From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new…
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