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State Bank of India Introduces UPI Integration for Digital Rupee
4.9.2023
India's largest public sector bank, State Bank of India (SBI), has introduced UPI (Unified Payments Interface) interoperability with Digital Rupee, India’s Central Bank Digital Currency (CBDC).
Currently, there are 300 million UPI users and 500 million merchants who use UPI to accept money...
Bank of China: Digital yuan payment option must be offered in retail scenarios
4.9.2023
In the short term, the e-commerce platforms can integrate the CBDC through the QR codes
Digital rupee gets big usability boost through Yes Bank integration with UPI
1.9.2023
Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December
Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro
1.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points...
Likou, China, to Become Digital Yuan ‘Demonstration Town’ – CBDC Adoption Gathers Pace?
1.9.2023
A Chinese town has agreed to become a digital yuan “demonstration town” after striking a CBDC deal with a major, state-run bank.
Per JSChina, the deal was struck in Likou, a town in Siyang County, near the city of Suqian in China’s Jiangsu Province.
The People’s Government of Likou Town...
US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan
1.9.2023
Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a CBDC that can track your purchases like China does...
IBM offers guidance for successful implementation of digital euro
31.8.2023
Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its digital euro proposed legislation
Bank Messaging Firm SWIFT Leans Toward Blockchain Integration Over Unifying Tokenization After Experiments – Here's the Latest
31.8.2023
Bank messaging network SWIFT has said that blockchain interoperability is a better approach in the short term to financial solutions than uniting Central Bank Digital Currencies (CBDC) and other assets into a single ledger.
In a recent release, “Connecting blockchains: Overcoming fragmentation...
Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law
30.8.2023
The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament
Transport Operators in Jamaica Interested in Adopting CBDC Payments
30.8.2023
Transport operators in Jamaica have expressed interest in using the country's central bank digital currency (CBDC) for payments.
Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), has been actively promoting the adoption of Jam-Dex within...
Jamaican taxi drivers bullish on accepting Jam-Dex CBDC
30.8.2023
Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group
Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month
30.8.2023
Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month.
The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month.
The megabanks Sberbank...
CBDC Hating, Bitcoin-Friendly Presidential Candidate Francis Suarez Drops Out of Race
29.8.2023
Suarez previously said his campaign will accept bitcoin donation and said he would ban a central bank digital currency (CBDC), if elected
Governments See CBDCs Making Their Countries ‘More Economically and Financially Efficient’ — Venom Foundation CEO
29.8.2023
According to Louis Tsu, the CEO of Venom Foundation, governments that are seeking to introduce central bank digital currencies (CBDCs) are not being driven by the fear that privately issued digital currencies may soon become the preferred method for cross-border and micropayments. Instead, some...
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
28.8.2023
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday
Digital Ruble Scammers ‘Target Russians in Multiple Regions’
28.8.2023
Digital ruble scammers have reportedly struck in multiple Russian regions, with fraudsters apparently hoping to dupe citizens who do not yet fully understand how the CBDC works.
Media outlets around the country say that scammers are sending citizens emails that use commercial and Central Bank...
Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll
27.8.2023
While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away from the government-issued digital currency....
Only 17% of Russians would agree to store more than $200 in CBDC
25.8.2023
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%)
South Korean Central Bank Set to Unveil CBDC ‘Blueprint’ Next Month
25.8.2023
The South Korean central bank, the Bank of Korea (BOK), is set to showcase a “blueprint” for its CBDC in September as the nation looks to speed up the progress of its digital KRW.
Per Fn News and the Byline Network, the BOK has “successfully completed” a CBDC interoperability-focused pilot...
Today in Crypto: Bitcoin Mining Difficulty Hits ATH, Unstoppable Domains Launches Unstoppable Messaging Based on Web3 Domains, Binance.US Partners with MoonPay for USD-to-Crypto Conversion, US FBI Identifies 6 Lazarus-Linked Bitcoin Wallets
23.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitcoin Mining Difficulty Hits ATH, Unstoppable Domains Launches Unstoppable Messaging Based on Web3...