CBDC Financial News
18.01 / 09:11
CBDC
USDT
Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case
A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China.
15.01 / 01:07
CBDC
Digital
Progressive
Russia ‘Edging Toward Mandatory CBDC Pensions’ – Economist
A Russian economist has claimed Moscow will eventually force the elderly to accept CBDC pension payments as part of the digital ruble rollout.
09.01 / 03:51
06.01 / 01:16
CBDC
digital euro
Bank of Spain
Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital currency (CBDC) initiative, a year after issuing a call for collaboration.
05.01 / 15:20
Blockchain
CBDC
Digital
Aware
security
country
regulatory
Central Bank of Nigeria Approves Africa Stablecoin Consortium to Pilot cNGN Stablecoin in Regulatory Sandbox
The Central Bank of Nigeria (CBN) has granted approval to the Africa Stablecoin Consortium (ASC) to launch the cNGN stablecoin in its regulatory sandbox.
04.01 / 14:56
CBDC
Digital
Progressive
Align
ECB
President
reports
The Road to Digital Euro: ECB Publishes Crucial Rulebook Draft
The European Central Bank (ECB) has unveiled progress in the development of the digital euro, with the publication of a report detailing the advancements made by the digital euro scheme’s Rulebook Development Group (RDG).
04.01 / 12:03
CBDC
RBI
India’s Digital Rupee Hit 1 Million Daily Transactions in December: Report
India’s digital rupee hit 1 million daily transactions in December, aligning with the Reserve Bank of India’s targeted goal for daily transactions by the end of 2023, Reuters reported.
03.01 / 00:56
22.12 / 04:14
CBDC
Digital
Experts
reports
Department
Russia’s Digital Ruble ‘Will Affect Banks’ Liquidity’ – Report
Russia’s digital ruble will affect the commercial banking sector’s liquidity, experts have claimed as the nation prepares for a CBDC rollout.
16.12 / 14:48
CBDC
regulation
stablecoins
CCData
TVL on Real-World Assets Spikes Up 700% as Stablecoin and CBDC Popularity Grows in 2023
Total value locked on real-world assets recorded a 700% surge year-to-date (YTD) alongside overall decentralized finance (DeFi) figures in 2023 as the market’s bullish sentiment continues.
15.12 / 12:29
Provident
CBDC
Digital
Action
economy
reports
Bank of Korea Governor Calls for Action on CBDCs
South Korea’s central bank governor Lee Chang-yong is calling for action around central bank digital currencies (CBDC) which he says have become imperative and there is an urgency that can no longer be postponed.
12.12 / 02:07
CBDC
Digital
Metro
2024
Russian Central Bank Tempers Talk of 2024 Digital Ruble Rollout
The Russian Central Bank is playing down talk of a 2024 rollout for its digital ruble – insisting that the coin will not be ready for nationwide use before 2025.
11.12 / 07:43
CBDC
Digital
Citizens
2024
‘All Russians’ Will Be Able to Use Digital Ruble in 2024 – Moscow
The Russian government wants to fast-track the launch of the digital ruble – and now claims that all citizens will be able to use the CBDC in 2024.
07.12 / 09:51
CBDC
crypto regulation
regulatory
US Presidential Hopeful Vivek Ramaswamy Criticizes SEC Over Crypto Regulatory Failures
US Republican presidential candidate Vivek Ramaswamy has slammed the Securities and Exchange Commission (SEC) criticizing the current crypto regulatory framework.
07.12 / 08:15
CBDC
Florida Governor Ron DeSantis Says CBDC is a Direct Threat to Personal Freedom
At a recent debate held at the University of Alabama, Republican candidates gathered to discuss various topics, including cryptocurrency regulation and Central Bank Digital Currency (CBDC).
06.12 / 00:57
05.12 / 19:33
CBDC
Central Bank of Italy and South Korea Strike CBDC Partnership on IT and Payment Systems
The Central Bank of Italy and South Korea have announced a partnership to collaborate on key areas like payment systems and IT in the development of Central Bank Digital Currencies (CBDCs).
04.12 / 20:09
CBDC
Bank of England
retail CBDC
UK Treasury Advises Lower Limits on Retail Digital Pound Over Fears of Bank Runs
The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously with plans for a retail digital pound, citing concerns that its introduction could spark bank runs and destabilize the financial system.
04.12 / 07:15
30.11 / 11:55
CBDC
Survey
Bank of Canada
Support
Canadians Support Cash Payments Over CBDCs: Report
Canadians are less enthusiastic about a Central Bank Digital Currency (CBDC) opting for traditional payment methods despite wider awareness, a new survey shows.
30.11 / 09:34
business
CBDC
Adoption
Report
Digital Canadian dollar fails to impress despite high awareness
A recent public consultation on Canada’s central bank digital currency (CBDC) initiative revealed an overall negative sentiment from Canadians, confirming the Bank of Canada’s concerns around its country-wide adoption.
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