CBDC

February 08, 2024

India to look at offline solutions to aid CBDC adoption in rural areas

RBI Governor Shaktikanta Das has announced the central bank’s intention to explore offline strategies to enhance the adoption of its central bank digital currency (CBDC), known […]
February 07, 2024

Crypto industry top all Canadian fintech investments 2 years in a row

According to a report by accounting organization KPMG, the financial technology sector in Canada witnessed a surge in investments, with crypto and blockchain leading the way. […]
January 30, 2024

UAE makes first digital dirham transfer via mBridge CBDC platform

The Central Bank of the United Arab Emirates (UAE) successfully executed its inaugural cross-border transaction using the digital dirham. This transfer, amounting to 50 million AED […]

Japan to resolve CBDC issuance legalities by Q2 2024

The Bank of Japan (BoJ) recently engaged in its inaugural official dialogue with the Japanese government regarding the development of a central bank digital currency (CBDC). […]
January 29, 2024

Robert F. Kennedy Jr pledges to end US efforts to move toward CBDC

Robert F. Kennedy Jr., a presidential candidate, has joined Donald Trump in opposing the development of a central bank digital currency (CBDC) in the United States. […]
January 23, 2024

BIS announces CBDC, tokenization projects for 2024

The Bank for International Settlements (BIS) Innovation Hub is set to embark on the next phase of its central bank digital currency (CBDC) privacy research and […]
January 17, 2024

Multiple US Senate bills object to CBDC’s definition of ‘money’

Several states in the United States are actively proposing bills to exclude central bank digital currencies (CBDCs) from their legal definition of money. This movement could […]
December 11, 2023

South Korea excludes NFTs, CBDCs from crypto interest mandate

Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits.   The Financial Services Commission (FSC) of […]
December 04, 2023

UK House of Commons recommends further CBDC tests on viability, risks

The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether […]

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