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Central Bank Digital Currency

Huawei’s new operating system supports digital yuan transactions
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3 February, 2024

Huawei’s new operating system supports digital yuan transactions

Huawei's HarmonyOS Next will offer "atomicity," a key feature of central bank digital currencies (CBDCs) designed to allow instant settlement...
Digital yuan trials included in 5-year modernization plan for Shanghai district
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2 February, 2024

Digital yuan trials included in 5-year modernization plan for Shanghai district

Chinese authorities have confirmed a modernization plan for Shanghai's Pudong New Area, focusing on establishing a new commercial hub and...
How CBDCs and stablecoins could impact monetary policy: Fed report
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1 February, 2024

How CBDCs and stablecoins could impact monetary policy: Fed report

While TradFi has built a reputation that could withstand the test of time, CBDCs and stablecoins are making a name...
BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’
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30 January, 2024

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’

The Bank of England and the U.K. Treasury remain undecided about the necessity of a CBDC in the U.K. but...
Sri Lanka’s central bank mulls CBDC launch before end of 2024
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29 January, 2024

Sri Lanka’s central bank mulls CBDC launch before end of 2024

To revitalize the financial sector, the Sri Lankan central bank pushes for the development of an accessible payment solution and...
Egypt eyes CBDC launch by 2030
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26 January, 2024

Egypt eyes CBDC launch by 2030

Designed to run from 2024-2030, the Central Bank of Egypt is expected to pursue a central bank digital currency pilot...
Jamaica to finance point-of-sale upgrades in CBDC push
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25 January, 2024

Jamaica to finance point-of-sale upgrades in CBDC push

Jamaica needs to upgrade 50,000 point-of-sale machines to handle its JAM-DEX, and the central bank has pledged to fund the...
India’s Web3 industry expects ‘financial proliferation’ of blockchain technology in 2024
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22 January, 2024

India’s Web3 industry expects ‘financial proliferation’ of blockchain technology in 2024

As India warms up to blockchain with the federal government emphasizing its benefits, its Web3 industry experts expect more banks...
Russia pushing pensioners to ‘digital ruble trap,’ economist says
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20 January, 2024

Russia pushing pensioners to ‘digital ruble trap,’ economist says

Alexander Razuvaev says that while it’s being framed as optional, the digital ruble will become mandatory for all pension payments,...
Delta Capita, Montis explore deposit tokens, wholesale CBDCs in expanded partnership
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18 January, 2024

Delta Capita, Montis explore deposit tokens, wholesale CBDCs in expanded partnership

Montis and Delta Capita have agreed to explore blockchain offerings further, leveraging the MACH technology as part of their mission...
Australian consortium prepares for pilot exploring money markets, debt tokenization
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17 January, 2024

Australian consortium prepares for pilot exploring money markets, debt tokenization

In a joint statement, DFCRC and Imperium Markets’ pilot is expected to run until 2026, seeking to reduce industry risks...
Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024
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15 January, 2024

Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024

Nigeria’s blockchain adoption will continue this year, with enterprise solutions taking center stage as blockchain goes beyond hype into the...