Central Bank Digital Currency Archives

Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’

-

15 January, 2024

Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’

The Bank of England takes aim at Bitcoin as a payment method, with Governor Andrew Bailey calling it "inefficient," while...

Editorial

Dr. Craig Wright

-

15 January, 2024

Fintech and Visa vs. Mastercard

Visa and Mastercard remain the giants in the payments industry despite having different business models, but with the evolving financial...

Bank Indonesia advances wholesale CBDC trials following public consultation

Business

Wahid Pessarlay

-

13 January, 2024

Bank Indonesia advances wholesale CBDC trials following public consultation

Bank Indonesia's consultation report on its wholesale CBDC initiative, Project Garuda, shows that most of the 42 participating entities favor...

Norway’s fifth round of CBDC trials focuses on wholesale aspects

Business

Wahid Pessarlay

-

31 December, 2023

Norway’s fifth round of CBDC trials focuses on wholesale aspects

In a 20-page report, the Norges Bank said the likelihood of conducting retail central bank digital currency experiments could be...

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Business

Wahid Pessarlay

-

30 December, 2023

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Cambodia's Bakong hits an estimated 60% adoption rate as the National Bank of Cambodia expands its collaboration with global financial...

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Business

Wahid Pessarlay

-

30 December, 2023

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...

India pushes for digital rupee in 2023 as provincial governments explore blockchain use cases

Business

Pradipta Mukherjee

-

28 December, 2023

India pushes for digital rupee in 2023 as provincial governments explore blockchain use cases

India is shaping to become a major player in the blockchain space, gradually embracing the technology and exploring its endless...

Business

James Field

-

27 December, 2023

2023: A year in regulation

2023 is a challenging year for the digital asset space, with major firms collapsing, high-profile names getting into lawsuits, and...

IMF boss on the future of digital currencies: ‘buckle up’

Business

Gavin Lucas

-

27 December, 2023

IMF boss on the future of digital currencies: ‘buckle up’

Digital currencies and CBDCs will be the future of cash, but IMF's Kristalina Georgieva claims that they have to be...

Africa’s 2023 in review: Adoption soars, regulators catch up, and Bitcoin moves beyond speculation

Business

Steve Kaaru

-

26 December, 2023

Africa’s 2023 in review: Adoption soars, regulators catch up, and Bitcoin moves beyond speculation

Digital assets came of age in 2023, moving beyond speculation and impacting remittances and payments as regulators started getting a...

Micropayment systems for migrant workers: An economic proposal bridging the US and Central and South America

Business

Dr. Craig Wright

-

26 December, 2023

Micropayment systems for migrant workers: An economic proposal bridging the US and Central and South America

While it may not be obvious, human and physical capital and political climate in regions play a significant role in...

Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS

Business

Wahid Pessarlay

-

24 December, 2023

Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS

Bank of Korea is collaborating with LG CNS to develop a CBDC system for tokenized deposits, utilizing LG CNS's expertise,...

Central Bank Digital Currency

Recent

Trending

Most Views