CBDC Financial News

01.02 / 07:45

cryptocurrency CBDC digital assets The relevance of global cryptocurrency trends with American political movements

cryptocurrency was a niche technological experiment, but today, it has dramatically advanced into a dominant financial force worldwide and influences US politics. With each election cycle, the influence of crypto continues to grow. It shapes legislation, public opinion, and campaign strategies. The political events of 2024 exemplified this hot trend in which digital currencies and political agendas intersected in transformative ways.

30.07 / 20:44

CBDC Digital innovations testing Bank of England Reveals Plan to Test Wholesale CBDC and Digital Ledger

The Bank of England (BoE) has announced plans to conduct a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital currencies (wCBDC).

24.07 / 04:26

markets CBDC Digital Citizens economy President Russian Lawmaker: Our CBDC Won’t Be Cross-border Ready Until 2026

A senior Russian lawmaker says the nation’s CBDC – the digital ruble – will not be ready for cross-border use until 2026.

13.07 / 12:48

Citi CBDC Digital Citizens Metro reports Russian Central Bank to Expand Digital Ruble Pilot in September

The Russian Central Bank will finally expand its digital ruble pilot in September, widening its CBDC’s reach “by tens of times.”

12.07 / 21:43

CBDC the bahamas The Bahamas Mandates Banks to Support its ‘Sand Dollar’ CBDC, Sets Two-Year Timeline

The Central Bank of The Bahamas, which launched world’s first digital fiat currency in 2020, is mulling to mandate banks to support its central bank digital currency (CBDC) – “Sand Dollar.”

29.06 / 10:13

CBDC Digital Cooper Research wellness testing Asset Tokenization Banque de France Joins Forces with Hong Kong Monetary Authority to Advance CBDC and Tokenization

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MoU) focused on bilateral cooperation in the realms of wholesale central bank digital currency (CBDC) and tokenization.

27.06 / 09:31

CBDC Federal Reserve North Carolina Senate Seeks Governor’s Approval Over CBDC Ban Bill

The US state of North Carolina, on Wednesday, won majority of votes from the Senate on the bill that seeks to ban central bank digital currencies (CBDCs). The legislation has moved to the Governor’s desk for approval.

20.06 / 20:26

CBDC BIS Swiss National Bank Swiss Central Bank Delays CBDC Pilot by Two Years

The Swiss National Bank (SNB) announced on June 20 an extension of its wholesale central bank digital currency (CBDC) pilot program, also known as the “digital franc.”

19.06 / 22:47

CBDC Iran to Launch Public Pilot for Digital Currency on Kish Island

The Central Bank of Iran (CBI) formally unveiled on June 18 the public pilot launch of the digital rial, the nation’s central bank digital currency (CBDC). The pilot program is scheduled to debut on June 21, marking the beginning of the Iranian calendar month Tir.

19.06 / 18:17

COST CBDC Digital IMF country inclusion International CBDCs Could Advance Financial Inclusion: IMF Middle East Survey

The International Monetary Fund (IMF) has conducted a survey of 19 countries in the Middle East and Central Asia, exploring the adoption and potentials of central bank digital currencies (CBDCs).

18.06 / 01:09

CBDC Digital Citizens Telegram reports International Russian Police Warn Citizens About New Digital Ruble-themed Scam

Russian police have warned citizens to be wary of a new digital ruble-themed scam intended to scare them into sending money to fraudsters.

17.06 / 12:01

Blockchain CBDC Digital Platform security information South Korea Announces $14.5 Million Blockchain Support Program

The South Korea Ministry of Science and Information and Communication Technology (ICT) and the Korea Internet & Security Agency (KISA) will launch a blockchain support project.

10.06 / 09:05

CBDC Banks HSBC China Rolls Out e-CNY Services for Corporates, Signalling Foreign Banks’ Dive into Digital Yuan

HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation to extend services associated with the central bank’s digital currency to both retail and corporate sectors.

10.06 / 05:17

CBDC Saudi Arabia Joins mBridge Initiative for Cross-Border CBDC Payments

Saudi Arabia has joined the mBridge project to enhance cross-border payments using central bank digital currencies (CBDCs).

05.06 / 05:59

CBDC Euro Half of Germans Open to Using Digital Euro, Despite Limited Awareness

Despite limited awareness and understanding, half of the German respondents have expressed openness to using the digital euro as an additional payment option.

03.06 / 13:39

CBDC Qatar Completes Infrastructure for CBDC, Here’s What You Need to Know

Qatar Central Bank (QCB) has successfully completed the development of its central bank digital currency (CBDC) infrastructure.

03.06 / 05:45

CBDC Digital Citizens security testing Interviews Rwanda to Roll Out CBDC By 2026 After Consultations, Testing

East African nation Rwanda aims to create its own retail central bank digital currency (CBDC) to assert its significance in the global economy’s future landscape by 2026.

31.05 / 10:25

markets CBDC Digital Compilation tokenization reports testing KPMG Finds Digital Money Variants to Co-Exist in Market by Use Case

The prevailing sentiment among digital asset stakeholders is that many digital money forms, such as central bank digital currencies (CBDCs), tokenized deposits, and stablecoins, are anticipated to coexist within financial markets over the next ten years, according to KPMG’s recent analysis.

30.05 / 13:07

CBDC China’s Central Bank on Offshore CNY Market and Cross-Border Transaction

The People’s Bank of China, China’s central bank, will continue to support the development of offshore Chinese yuan market and cross-border payment system.

29.05 / 21:17

CBDC Israel to Launch Digital Shekel Test for Payment

The Bank of Israel (BoI) is speeding up efforts to develop its central bank digital currency (CBDC), dubbed the “digital shekel.” In a recent update on May 28, the bank revealed plans for the CBDC’s payment use case through the ‘Digital Shekel Challenge’ experiment, a key part of its action plan for the potential issuance of the CBDC.

28.05 / 21:41

CBDC Central Bank Cambodia’s Central Bank Governor Believes Digital Currency Will Boost Fiat Use: Here’s Why

Central Bank Governor Chea Serey revealed On May 28 that the Central Bank Digital Currency (CBDC) Bakong could increase the adoption of Cambodia’s Riel currency by facilitating cross-border QR payments.

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