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Chinese Central Bank pledges global expansion of digital yuan — Report
18.6.2025
China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments
Chinese Central Bank pledges global expansion of digital yuan — Report
18.6.2025
China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments
Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase
12.6.2025
The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem....
Hong Kong to use Chainlink protocol in CBDC pilot project
9.6.2025
The study involving Chainlink's Cross-Chain Interoperability Protocol is one of many initiatives exploring use cases for a potential Hong Kong CBDC, or e-HKD
Hong Kong to use Chainlink protocol in CBDC pilot project
9.6.2025
The study involving Chainlink's Cross-Chain Interoperability Protocol is one of many initiatives exploring use cases for a potential Hong Kong CBDC, or e-HKD
Visa, Fidelity, China AMC Pilot Chainlink-Powered CBDC-Stablecoin Swap
9.6.2025
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD to Australian Stablecoin Exchange in Test The Hong Kong...
Russian State Duma Prepares Bill to Widespread Digital Ruble Payments
27.5.2025
The digital ruble payments bill, which has already been approved in its first reading by the State Duma, introduces the concept of a universal code that will facilitate digital currency disbursements, giving banks and retail outlets three years for implementation. Digital Ruble Massification Bill...
Latam Insights Encore: Colombia’s Toughest Battle: Introducing a CBDC
27.5.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how Colombia faces a difficult task in introducing a CBDC to modernize the financial system in a country where cash is still king. Latam Insights...
Latam Insights: Milei Dissolves Libra’s Investigation, Colombian CBDC Comes out of Stealth
25.5.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Argentine President Javier Milei dissolves the group investigating Libra, Colombia pilots CBDC on Cosmos, and the largest bank in Guatemala taps crypto...
Report: Colombia Running CBDC Pilot on Cosmos
22.5.2025
According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto...
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...