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Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
31.10.2022
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...
National Bank of Kazakhstan to Integrate Digital Tenge With BNB Chain, Binance CEO Unveils
28.10.2022
The central bank of Kazakhstan intends to use Binance’s blockchain platform Bnb Chain for the deployment of its upcoming digital currency. The decision was made public on social media by Changpeng Zhao, the chief executive of the global crypto exchange which was recently licensed to work...
UAE Central Bank Completes First CBDC Payment Transaction
27.10.2022
The Central Bank of the United Arab Emirates (CBUAE) has announced it has finalized mBridge, the world's largest pilot of central bank digital currency (CBDC) transactions in cooperation with the Digital Currency Institute of the People's Bank of China, its Chinese counterpart. Other partners...
Crypto News Summary: Binance Launches Oracle, UvToken and Team Finance Exploited, Blockchain.com Debuts Visa Card
27.10.2022
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: Crypto News Summary: Binance Launches Oracle, UvToken and Team Finance Exploited, Blockchain.com Debuts Visa Card
Kazakhstan to build central bank digital currency on BNB Chain
27.10.2022
Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain
Nigerian CBDC Still Not Widely Used a Year After Launch
27.10.2022
On October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria’s e-naira, even as more residents continue to snub the digital currency. In a move aimed at boosting the use of the CBDC, the central bank is offering a 5% discount to motorized rickshaw drivers...
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar
27.10.2022
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Reserve Chairman Jerome Powell recently said that the central bank has not decided...
BIS releases full report on mBridge wholesale CBDC platform after successful pilot
26.10.2022
The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDC
Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report
26.10.2022
The Bank for International Settlements tested its central bank digital currency research project, mBridge, in another pilot focused on foreign exchange transactions, a new report says
Nigerians' passion for crypto is stopping short at the eNaira
26.10.2022
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens
Central Bank of Turkey Plans to Launch a CBDC in 2023
25.10.2022
The proposal was mentioned in the executive branch's annual plan presented on Monday
Japanese Credit Card Giant JCB Begins CBDC Pilot in Tokyo
25.10.2022
The Japanese credit card giant JCB is set to begin a central bank digital currency (CBDC) pilot that will intentionally make use of technology similar to that used by the central Bank of Japan in its own digital yen experiments....
Read More: Japanese Credit Card Giant JCB Begins CBDC Pilot in Tokyo
Japan’s International Payments System will test plastic cards for CBDC
24.10.2022
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace
Hong Kong Presents Digital Currency Prototype, Project Aurum
24.10.2022
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens...
Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC
24.10.2022
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate...
Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
21.10.2022
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region
Eswatini Central Bank Partners With German Firm to Explore CBDC
19.10.2022
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as its partner. An agreement signed by both parties aims to enable them to deepen their...
CBDC Development Necessary for US to Remain Competitive, says Congressman
18.10.2022
U.S. Rep. Jim Himes joined CoinDesk TV’s “First Mover” to discuss why the U.S. should consider moving forward with a central bank digital currency
Bitcoin Price and Ethereum Prediction– IMF Promotes CBDC for Financial Inclusion
17.10.2022
On October 17, Bitcoin price is trading slightly higher, above the immediate support level of $19,000. Ethereum, on the other hand, has gained more than 1% to $1,300 so far.
Major cryptocurrencies were trading in the green early during the Asian session, as the global crypto market cap grew...
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar
15.10.2022
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments...