Central Bank Digital Currency Archives

Japan’s Soramitsu unveils cross-border payment platform powered by CBDC

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15 August, 2023

Japan’s Soramitsu unveils cross-border payment platform powered by CBDC

Japanese firm Soramitsu plans a cross-border payment platform using stablecoins and CBDCs, targeting transactions across countries in Southeast Asia.

‘Untangling Web3’ Podcast: Your guide to demystifying the digital revolution

Interviews

Becky Liggero Fontana

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14 August, 2023

‘Untangling Web3’ Podcast: Your guide to demystifying the digital revolution

Hosted by Jack Davies and Alec Burns, the UW3 Podcast delves into the realm of Web3, simplifying complex information to...

Digital Dollar Project explores CBDC impact on remittances with Western Union

Business

Wahid Pessarlay

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13 August, 2023

Digital Dollar Project explores CBDC impact on remittances with Western Union

The Digital Dollar Project announced in a press release that it had completed a pilot study focusing on retail CBDCs,...

Business

Wahid Pessarlay

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12 August, 2023

Bank of Russia unveils logo and commission fees for digital ruble: report

Starting in 2025, business-to-business transactions involving the digital ruble will have a 15 rubles ($0.16) charge, while individuals will only...

Honduras begins CBDC consultation for cross-border payments, financial inclusion

Business

Wahid Pessarlay

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12 August, 2023

Honduras begins CBDC consultation for cross-border payments, financial inclusion

Honduras aims to improve its cross-border payments and financial inclusion with a central digital bank currency public consultation and plans...

Russian banks want legislation to prevent compulsory digital ruble usage

Business

Steve Kaaru

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11 August, 2023

Russian banks want legislation to prevent compulsory digital ruble usage

Although Russia has said the digital ruble will be optional, banks want that embedded in legislation as they say their...

It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC

Business

Steve Kaaru

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11 August, 2023

It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC

DREX is an acronym for digital real electronic transactions, with its logo depicting two arrows that signify the evolution of...

CoinGeek Discussions on X Spaces: What’s up with the blockchain space?

Business

Gavin Lucas

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11 August, 2023

CoinGeek Discussions on X Spaces: What’s up with the blockchain space?

In this episode of CoinGeek Discussions, Alex Vidal, together with Zachary Weiner and David Case, engaged listeners on the latest...

Bank of Korea eyes 3 cities outside of Seoul for CBDC pilot

Business

Wahid Pessarlay

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10 August, 2023

Bank of Korea eyes 3 cities outside of Seoul for CBDC pilot

As the CBDC pilot launch reveals challenges, plans, and cautious approach, Bank of Korea moves closer to test real-world applications...

Shanghai rolls out implementation plan for blockchain integration by 2025

Business

Wahid Pessarlay

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9 August, 2023

Shanghai rolls out implementation plan for blockchain integration by 2025

Shanghai announces plans to integrate blockchain technology into its digital economy through implementation strategy, Web3 deployment, and the potential of...

Blockchain Social features nChain’s next steps toward a blockchain-powered Philippines

Events

Cathy Resurreccion

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8 August, 2023

Blockchain Social features nChain’s next steps toward a blockchain-powered Philippines

On the night of Blockchain Social Philippines, nChain revealed its plans for the Philippines' road to blockchain adoption, such as...

Hong Kong, Saudi Arabia team up for tokenization and payments research

Business

Wahid Pessarlay

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6 August, 2023

Hong Kong, Saudi Arabia team up for tokenization and payments research

The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies,...

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