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CBDC

Australia Is Actively Testing CBDCs And Stablecoins As Part...

Key Insights: Australia's Project Acacia is entering a testing phase to look into the real-world benefits of digital assets.  These assets include CBDCs, stablecoins...
CBDC

South Korea Forced To Abandon CBDC Project As Commercial...

Key Insights: The Bank of Korea has paused its CBDC trials due to commercial banks favoring stablecoins. South Korea's President Lee Jae-myung's pro-crypto stance...
CBDC

RBI Governor Backs CBDC for India’s Payment Revolution

India is spearheading CBDC development, with continuing trial initiatives. CBDC has the potential to alter the future of India's payment systems and economy. On...
CBDC

Philippines Central Bank Completes CBDC Trial with Project Agila

The Philippines' central bank completes Project Agila trial, testing wholesale CBDC potential to enhance interbank payments, financial stability, and innovation. The Bangko Sentral ng Pilipinas...
Blockchain Technology

Brazil’s CBDC Pilot Advances with Blockchain Power

Drex CBDC pilot phase 2 improves trade finance using blockchain. Microsoft, Banco Inter, Chainlink, and 7Comm have joined forces. Brazil's central bank, known as...
News

Indian Government Considers Crypto Ban for CBDC Focus

India may ban private cryptocurrencies in favor of a CBDC to ensure financial stability. The RBI plans to achieve one million CBDC transactions...
CBDC

Brazil Central Bank Expands Drex CBDC Pilot

 Brazil Central Bank expands Drex CBDC pilot to test tokenized assets, privacy solutions, and advanced use cases in finance. The Brazilian Central Bank has announced...
DeFi

Brazil Expands Drex CBDC Pilot with DeFi Innovations

The Drex CBDC pilot focuses on tokenization and liquidity pools. Brazil intends to dominate digital financial innovation with DeFi. Brazil is making tremendous progress...
CBDC

HKMA Launches Phase 2 of e-HKD+ CBDC Pilot Program...

HKMA's Project e-HKD+ seeks to investigate advanced CBDC applications. Eleven firms will evaluate the viability of digital currencies in real-world circumstances. The Hong Kong...
CBDC

Deutsche Bank Survey Shows Cash Still Preferred Over CBDCs...

59% of survey respondents believe that currency will always be needed. The most common reason for hesitation to use CBDC is worries about...
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