Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project.
In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes
What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night.
Three Fronts in the Global Digital Currency Wars
There are now several competing approaches to building a new financial system, writes Circle CEO Jeremy Allaire. Which will governments embrace?
Swiss Central Bank to Explore Use of Digital Franc in Settling Trades
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
Dutch bank ING’s chief economist has said Facebook’s Libra is pressuring central banks to launch their own digital currencies, and soon.
PBoC Denies Claims It Will Launch Digital Currency in November
China’s central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
The PBoC’s new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.
Rwanda’s Central Bank Is Researching a Possible Digital Currency Launch
The National Bank of Rwanda (NBR) is looking at other countries, specifically Canada, the Netherlands, and Singapore’s central bank digital currency research.
China’s Central Bank ‘Close’ to Launching Official Digital Currency
An official at China’s central bank has said the institution is nearing the launch of its national digital currency.
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
Russia’s Central Bank Is Considering Launching a Digital Currency
The head of Russia’s central bank has said the institution is investigating the possible future launch of a digital currency.
Pakistan Central Bank Eyes Digital Currency Launch by 2025
The State Bank of Pakistan, the country’s central bank, is reportedly considering launching a digital currency as part of a modernization drive.
Eastern Caribbean Central Bank Takes Step Toward Digital Currency Rollout
The ECCB is about to conduct a pilot for a blockchain-based central bank digital currency in preparation for a planned full rollout.
Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
The Era of Central Bank Digital Currencies Is Within Reach
A phased roll-out of a central bank digital currency is not only possible, but may be what certain regions need, says R3’s research lead.
PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto
China’s central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.
ECB Has ‘No Plans’ to Issue a Digital Euro, Says Mario Draghi
The chief of the European Central Bank, Mario Draghi, said Friday that the institution has “no plans” to issue a digital currency, Reuters reports.
Iran’s Recognition of Crypto Mining Prompts Local Bitcoin Price Spike
The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country’s exchanges.
India Eyes State Digital Currency to Cut $90 Million Banknote Bill
The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country’s huge spend on minting physical cash.
Bitt Inks Blockchain Deal With Another Caribbean Central Bank
Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.