Tag: CBDC

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Belarus to Launch Digital Ruble by Late 2026

By the end of the year 2026, Belarus intends to have completed the implementation of the CBDC.  Digital ruble to enhance payment efficiency,...

UAE to Launch Digital Dirham by End of 2025

Story Highlights UAE set to launch Digital Dirham by end of 2025 New Dirham symbols reflect UAE’s digital finance ambitions Digital Dirham CBDC offers...

Pierre Poilievre Eyes Role as Canada’s Pro-Crypto Leader

Poilievre aims to make Canada a global crypto hub. In polls, he leads the Liberals by 24 points, implying that he will likely...

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...

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...

India Expands Mobile Payment Partnerships with UAE, Sri Lanka, and Nepal

India expands mobile payment partnerships with UAE, Sri Lanka, and Nepal, advancing cross-border payments and exploring digital currencies' future. India is making significant strides in...

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...

RBI Chief Warns Stablecoins Endanger India’s Monetary Sovereignty

RBI Governor Das has criticized stablecoins for undermining local currency sovereignty. He promotes CBDCs as the secure future of digital payments in India. During...

Norway Central Bank to Decide on Digital Currency Next Year

Norges Bank intends to implement CBDC by 2025, focusing on wholesale use. Norway does not rush to meet global CBDC efforts and instead...

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...

Opinion: America Really DOESN’T NEED a CBDC Right Now

The topic of a central bank digital currency (CBDC) continues to permeate the digital currency arena. The question is, “Does a CBDC warrant anything...

Senator Ted Cruz Really Doesn’t Want a CBDC in Play

Republican Senator from Texas Ted Cruz says he doesn’t want a digital dollar or any central bank digital currencies (CBDCs) entering the fray. He...