Tag: CBDC

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The Bank Of England Is Now Considering Cancelling Its Digital Pound CBDC

Key Insights: The Bank of England may scrap plans for a digital pound, amid its rising confidence in private sector payments. Governor Andrew Bailey...

Crypto Is Rallying, But How Will The Market React To This Week’s Inflation Data?

Key Insights Bitcoin is rallying, and investor optimism is at highs across the board. However, major inflation data including the CPI and updates from...

Australia Is Actively Testing CBDCs And Stablecoins As Part of “Project Acacia”

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...

South Korea Forced To Abandon CBDC Project As Commercial Banks Favor Stablecoins

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...

Ethiopia Regulates Crypto Despite Ongoing Ban

Despite a trading restriction, Ethiopia's FIS is preparing crypto laws.  Regulations combat money laundering and terrorist financing.  Collaboration with the UN and regional...

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...