Central Bank Digital Currency Archives

Brazil’s central bank eyes regulation for digital currencies

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26 August, 2021

Brazil’s central bank eyes regulation for digital currencies

The president of the Brazilian central bank revealed that the bank is looking to regulate digital currencies even as it...

Bank of Thailand announces pilot for retail central bank digital currency

Business

Ed Drake

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25 August, 2021

Bank of Thailand announces pilot for retail central bank digital currency

The Bank of Thailand has announced to conduct pilot tests of a central bank digital currency for retail use in...

SEC’s Gary Gensler gives latest on digital currency regulation: CBDC, DeFi and regulatory frameworks

Business

Ed Drake

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25 August, 2021

SEC’s Gary Gensler gives latest on digital currency regulation: CBDC, DeFi and regulatory frameworks

Arguing that DeFi projects would fall within the scope of regulators like the SEC, Chairman Gary Gensler described the term...

Ukraine wants CBDC pilot test to start with ministry staff salary payments

Business

Steve Kaaru

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23 August, 2021

Ukraine wants CBDC pilot test to start with ministry staff salary payments

The pilot would be conducted at the Ministry of Digital Transformation and comes just three weeks after the Ukrainian president...

Ghana central bank partners with German firm for CBDC pilot test

Business

Steve Kaaru

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17 August, 2021

Ghana central bank partners with German firm for CBDC pilot test

The Bank of Ghana recently announced that it had partnered with a German firm for the design and implementation of...

Nigeria to consider upcoming CBDC as ‘critical national infrastructure’

Business

Steve Kaaru

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16 August, 2021

Nigeria to consider upcoming CBDC as ‘critical national infrastructure’

Nigeria began exploring and researching the CBDC, which it has dubbed the e-Naira, five years ago under Project GIANT.

Cambodia heads digital in bid to shake US dollar reliance

Business

Ed Drake

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13 August, 2021

Cambodia heads digital in bid to shake US dollar reliance

Cambodia is only the second country anywhere in the world to have launched a central bank digital currency, with its...

Bank of Jamaica mints and makes $230M of its CBDC available to public

Business

Steve Kaaru

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13 August, 2021

Bank of Jamaica mints and makes $230M of its CBDC available to public

The bank becomes the latest in the Caribbean to unveil its CBDC, with the Bahamas being the most advanced in...

Samsung confirms participation in Bank of Korea CBDC pilot

Business

Ed Drake

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12 August, 2021

Samsung confirms participation in Bank of Korea CBDC pilot

The pilot, which began at the end of July, aims to build a platform for supporting a central bank digital...

Beijing underground rolls out full integration of CBDC for payments

Business

Ed Drake

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12 August, 2021

Beijing underground rolls out full integration of CBDC for payments

The city’s railway announced last week that the digital yuan, or e-CNY, would be available immediately at 428 stations across...

Venezuela to launch digital bolivar in October, slashes six zeros from currency

Business

Steve Kaaru

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11 August, 2021

Venezuela to launch digital bolivar in October, slashes six zeros from currency

After years of experimenting with the controversial Petro digital currency, Venezuela is now set to launch the digital bolivar, the...

Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec

Business

Ed Drake

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6 August, 2021

Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec

The pilot is to take part over two stages, with the initial basic testing phase set to conclude by December...

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