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Central Bank Digital Currency

Kazakhstan central bank reveals digital tenge pilot results
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24 December, 2021

Kazakhstan central bank reveals digital tenge pilot results

The National Bank of Kazakhstan plans to set up a retail digital currency on a distributed ledger technology, and is...
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
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16 December, 2021

Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge

The Kazakh central bank worked with local banks and international partners on the prototype, but it will decide on the...
France, Switzerland conclude major wholesale CBDC test with BIS
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14 December, 2021

France, Switzerland conclude major wholesale CBDC test with BIS

The French and Swiss central banks tested the use of a wholesale CBDC in cross-border funds transfers, with Credit Suisse,...
China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase
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14 December, 2021

China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase

China has embarked on the second phase of its cross-border central bank digital currency research with Hong Kong, and it...
Tanzania central bank wants to develop own digital currency
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4 December, 2021

Tanzania central bank wants to develop own digital currency

The Bank of Tanzania is looking to expand its digital currency research and development team capacity, following the footsteps of...
Consortium of private firms in Japan to launch yen-based digital currency
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3 December, 2021

Consortium of private firms in Japan to launch yen-based digital currency

The consortium has brought together some of Japan’s largest firms, from banks to tech firms, and plans to launch the...
Bank of France: Digital currency regulations more urgent than CBDC
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3 December, 2021

Bank of France: Digital currency regulations more urgent than CBDC

The deputy governor of the Bank of France addressed the need for DeFi and digital assets regulations and expressed his...
Peru to partner with other countries for CBDC development
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25 November, 2021

Peru to partner with other countries for CBDC development

Central Bank President Julio Velarde said the government is partnering with countries with more advanced experience in developing its central...
India to test digital rupee in Q1 2023: official
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24 November, 2021

India to test digital rupee in Q1 2023: official

India plans to launch its first digital rupee pilot in first quarter of fiscal year 2023, with the slow implementation...
Nigeria’s eNaira mobile app sees 500,000 downloads weeks after launch
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19 November, 2021

Nigeria’s eNaira mobile app sees 500,000 downloads weeks after launch

The Central Bank of Nigeria further said that $150,000 had been transacted on its app, with 78,000 merchants from 160...
Wholesale CBDC coming to Philippines in the near future: central bank
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19 November, 2021

Wholesale CBDC coming to Philippines in the near future: central bank

The Bangko Sentral ng Pilipinas is exploring the use of a central bank digital currency in the near future, but...
Bank of France new report highlights upbeat results of wholesale CBDC experiments
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16 November, 2021

Bank of France new report highlights upbeat results of wholesale CBDC experiments

The Bank of France began experimenting with CBDC in 2020 and said it could transform sectors such as cross-border transfers,...