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Central Bank Digital Currency

India’s CBDC pilot hits 1 million daily transactions amid controversy
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6 January, 2024

India’s CBDC pilot hits 1 million daily transactions amid controversy

Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
Indonesia’s central bank eye CBDC trial for 2024
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5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...
Eastern Caribbean Central Bank prepares for commercial deployment of CBDC
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4 January, 2024

Eastern Caribbean Central Bank prepares for commercial deployment of CBDC

Following a lengthy pilot of its state-backed digital currency, the Eastern Caribbean Central Bank is preparing for the commercial deployment...
eNaira low adoption pushes Nigerian banks to develop stablecoin
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3 January, 2024

eNaira low adoption pushes Nigerian banks to develop stablecoin

The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception, but would...