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RBI to Introduce Digital Rupee (CBDC) Using Blockchain in Fy 2022-23


Union Budget 2022 – While presenting the 2022 Union Budget, FM Nirmala Sitharaman made the most significant announcement – introducing the New Digital Currency, Digital Rupee, that will boost India’s digital economy, starting in 2022. Earlier today, in the Union Budget speech, Finance...

Central Bank of Jordan Exploring the Possibility of Launching a CBDC


The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventually be allowed in Jordan once the necessary...

Caribbean CBDC Remains Offline for More Than 2 Weeks Amid Technical Issues


  DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has been offline for more than two weeks amid technical issues that continue to affect the platform. “The DCash Team continues to resolve the technical issue that is impacting the ability...

‘All Winter Olympics Merchants Now Accept Digital Yuan,’ Say Chinese Banks


  The Chinese central bank, the People’s Bank of China (PBoC), is gearing up for what will be the biggest week yet for its digital yuan. And while the token remains officially in its pilot phase, it will be showcased to the world next week as the Winter Olympics begin. Domestic adoption plans will...

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