Central Bank Digital Currency Archives

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

-

1 November, 2022

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...

Turkey’s central bank set to launch state-backed digital currency in 2023

Business

Wahid Pessarlay

-

31 October, 2022

Turkey’s central bank set to launch state-backed digital currency in 2023

Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...

UAE central bank completes CBDC pilot, eyes international usage for cross-border payments

Business

Wahid Pessarlay

-

30 October, 2022

UAE central bank completes CBDC pilot, eyes international usage for cross-border payments

Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...

Nigeria resorts to auto rickshaws to drive eNaira adoption

Business

Wahid Pessarlay

-

30 October, 2022

Nigeria resorts to auto rickshaws to drive eNaira adoption

The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing...

Japan’s credit bureau to pilot CBDC cards ahead of full-scale launch

Business

Wahid Pessarlay

-

28 October, 2022

Japan’s credit bureau to pilot CBDC cards ahead of full-scale launch

In collaboration with France's IDEMIA and Malaysia's Softspace, the Bank of Japan will pilot a project in preparation for the...

Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub

Business

Wahid Pessarlay

-

26 October, 2022

Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub

Project Aurum highlighted a technological stack to explore the viability of wholesale and retail CBDCs, utilizing two different tokens—intermediated CBDCs...

Joshua Henslee deep dives into BTC’s ironic about face with the Fed in the Messy Times

Business

Gavin Lucas

-

24 October, 2022

Joshua Henslee deep dives into BTC’s ironic about face with the Fed in the Messy Times

In his Messy Times guesting, Joshua Henslee bares the negativity surrounding CBDCs, the original Bitcoin protocol on BSV, and how...

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Business

Wahid Pessarlay

-

18 October, 2022

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...

Shenzhen leads China in terms of cross-border CBDC usage: report

Business

Wahid Pessarlay

-

15 October, 2022

Shenzhen leads China in terms of cross-border CBDC usage: report

Shenzhen-based companies single-handedly accounted for $7.3 million in transaction volumes out of the $22 million made by the four participating...

Singapore eyes blockchain-based payment for cross-border transactions

Business

Wahid Pessarlay

-

14 October, 2022

Singapore eyes blockchain-based payment for cross-border transactions

Ravi Menon noted that cross-border payments are blighted by several issues, the most significant being the speed of settling transactions...

India central bank tests e-rupee to stifle digital assets effects

Business

Wahid Pessarlay

-

12 October, 2022

India central bank tests e-rupee to stifle digital assets effects

One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while...

Bank of Canada identifies key archetypes for uniform development of retail CBDC

Business

Wahid Pessarlay

-

11 October, 2022

Bank of Canada identifies key archetypes for uniform development of retail CBDC

The Bank of Canada argues the need to consider a central bank digital currency design that combines aspects of multiple...

Central Bank Digital Currency

Recent

Trending

Most Views