Search
CBDCs ‘costly fiat copy’, not fintech success so far: Ex-Binance exec
29.4.2025
The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive.Global CBDC projects have not failed, but they have also not become what they were anticipated...
CBDCs ‘costly fiat copy’, not fintech success so far: Ex-Binance exec
29.4.2025
The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive.Global CBDC projects have not failed, but they have also not become what they were anticipated...
Central Bank of Russia Updates Digital Ruble Roadmap; Launch Slated for 2026
25.4.2025
The Central Bank of Russia announced that large payments using the digital ruble framework will debut in 2026, providing an official update after the postponement of its launch in March. Central Bank of Russia: Digital Ruble to Be Launched in 2026 The irruption of central bank digital currencies...
Kyrgyzstan’s President Signs Law to Establish Central Bank Digital Currency ‘Digital Som’
18.4.2025
President Sadyr Japarov of Kyrgyzstan has signed a constitutional law on Thursday amending the existing law on the National Bank of the Kyrgyz Republic, which was approved by the parliament on March 20, 2025. The primary aim of this constitutional law is to initiate a pilot project for a prototype...
Russia Paves Way for Using Digital Ruble in National Budget Disbursements
18.4.2025
According to Russian authorities, the necessary steps for allocating budget funds using the digital ruble have already been completed, enabling the CBDC to be utilized for these disbursements. The Ministry of Finance has also prepared subsidies for an upcoming test. Digital Ruble on the Verge...
Kyrgyzstan’s president signs CBDC law giving ‘digital som’ legal status
18.4.2025
Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project while also giving the “digital som” — the national currency in digital form — legal tender status.The law gives the National Bank...
Kyrgyzstan President Brings CBDC a Step Closer to Reality
17.4.2025
Kyrgyzstan President Sadyr Japarov signed amendments that provide its digital som legal status
COTI Co-Founder: CBDCs Will Disrupt Stablecoins, Not Bitcoin
12.4.2025
The co-founder of COTI believes the controversy surrounding central bank digital currencies will subside as major financial players adopt the technology and optimal designs are established. The co-founder however downplayed the possibility that central bank digital currencies will be built...
Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes
11.4.2025
Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot...
Digital Ruble Watch: Rollout Still Expected by Year-End, but Hurdles Are Still Present
3.4.2025
The digital ruble is still expected to be rolled out massively by year-end. Nonetheless, the Central Bank of Russia has reiterated that it will only start the implementation phase once it has worked out all the possible nuances during the current pilot. Digital Ruble Rollout Still on Track, Might...
US lawmakers vote to advance anti-CBDC bill
3.4.2025
The US House Financial Services Committee has advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.In an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC...
West Virginia's BTC reserve bill is 'freedom' from a CBDC — State Senator
2.4.2025
West Virginia’s Bitcoin (BTC) strategic reserve bill would give the state more sovereignty from the federal government and freedom from a potential central bank digital currency (CBDC), State Senator Chris Rose told Cointelegraph in an exclusive interview.“You hear these rumors that...
7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial
2.4.2025
Customers at 7-Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency with a 10% discount to incentivize adoption
7-Eleven South Korea to accept CBDC payments in national pilot program
2.4.2025
South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project. The convenience store chain will reportedly provide a 10% discount on all products paid for with...
Senator Cruz introduces companion bill to prohibit the Fed from issuing a CBDC
27.3.2025
US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed from offering certain products or services directly to American individuals, a...
South Korea’s Bank to Begin CBDC Test Next Month
24.3.2025
South Korea’s Bank of Korea (BOK) will launch a large-scale pilot test for its central bank digital currency…
South Korea to Trial CBDC With 100,000 Users and 7 Banks
19.3.2025
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposit Tokens in Real-World Transactions South Korea’s...
The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
12.3.2025
The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...
The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
12.3.2025
The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...
The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
12.3.2025
The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...