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Digital euro could take four years, says ECB president Christine Lagarde
31.3.2021
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
30.3.2021
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted
The Fed Plans to Unveil Digital Dollar Prototypes in July
28.3.2021
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes...
Jamaica's central bank taps Irish tech outfit for CBDC project
26.3.2021
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May
Bank of Russia to start digital ruble trials in 2022
11.3.2021
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021
Central bank digital currency a mixed blessing, says RBI
1.3.2021
The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020–2021
Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund
27.2.2021
As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers...
The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
24.2.2021
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking...
Ant-backed MYbank to help China expand digital yuan trial
22.2.2021
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot
Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas
17.2.2021
The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted
The Bahamas gets a card for its sand dollar national digital currency
17.2.2021
The Central Bank of The Bahamas partnered with Mastercard and digital payment startup Island Pay to launch a card for its central bank digital currency
Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
9.2.2021
China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan...
Bank of Korea publishes book on central bank digital currency's legal issues
8.2.2021
South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency
Hardware wallet for digital yuan debuts in Xiong’an New Area
8.2.2021
China’s first hardware wallet for the digital yuan supports dual offline payments without an internet connection
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session
30.1.2021
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s...
BIS: CBDC Research Gaining Steam but Widespread Issuance Years Away
27.1.2021
Central banks remained adamant cryptocurrency does not factor into their CBDC calculus
Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee
26.1.2021
India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank...
The ‘central bank of central banks’ is building a CBDC settlement platform
22.1.2021
The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year
Bank of France settles $2.4M fund in central bank digital currency pilot
19.1.2021
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology