The blockchain company has been pushing hard into the CBDC space since piloting its CBDC Private Ledger aimed at central banks in March 2021.
Fed conference hears stablecoins may boost USD as global reserve currency
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system.
‘Brutal and unrelentingly hard’: Singapore regulator’s clampdown on crypto
The remarks from the regulator’s chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world.
Chile puts CBDC plans on hold until end of 2022 to undertake more analysis
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year.
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation’s fintech sector.
More than three-quarters of central banks considering a CBDC: research
The report by PwC shows that 80% of central banks are considering or have already launched a CBDC.
Digital Pound Foundation launches to promote CBDC development in the UK
The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
Laos partners with Soramitsu on CBDC research as regulated crypto mining begins
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like.
CBDCs could cut cross border remittance costs by half: BIS report
The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.
India CBDC pilot may commence in December, says RBI governor
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe.
Bank of Jamaica to begin digital currency pilot in August
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country.
BIS optimistic about central bank digital currencies
The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system.
Hong Kong includes central bank digital currency in fintech strategy
Research into central bank digital currencies will play a significant role in Hong Kong’s fintech development efforts.
Ghana gearing for central bank digital currency pilot
Ghana is striving to become the first African nation to float a central bank digital currency.
OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearer
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system.
South Africa’s central bank begins preliminary study for retail CBDC
The South African Reserve Bank has begun exploratory studies on central bank digital currencies.
Fed will issue discussion paper on benefits and risks of CBDC, says Jerome Powell
“Irrespective of the conclusion we ultimately reach, we expect to play a leading role in developing international standards for CBDCs,” said the Fed chair.
Alipay set to allow users test China’s digital yuan
China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app.
Georgia’s central bank is exploring ‘Digital Gel’ CBDC
Georgia’s central bank has invited fintech firms and others to participate in the CBDC project.
Chinese online retail giant JD.com adopts digital yuan for salary payments
Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.