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Australian Bank Halts Development of ETH-Based Stablecoin

[Jun 19 8:43 PM] The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups…

Kenyan Central Bank to Issue Licenses to Fintech Firms

[Jun 13 11:38 PM] The Central Bank of Kenya is amending the country’s payment systems law, which will allow it to issue operating licenses to fintech startups. Governor Kamau Thugge said he expects the bank to complete the process of amending the law soon. Central…

Cross Border CBDC Project Mbridge Enters MVP Stage

[Jun 6 9:31 PM] Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks…

Bank of Israel Launches Digital Shekel Challenge

[May 28 10:21 PM] The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The…