IOTA Wraps Up EU Blockchain Pre-Commercial Phase
Leading blockchain developers and the European Commission have been collaborating to lay the groundwork for an era of scalability, sustainability, and security throughout the EU.
Tag cbdc
India’s CBDC project reaches five million users:RBI Governor
Key Takeaways On August 26, the Governor of the Reserve Bank of India, Shri Shaktikanta Das, spoke about the progress of India’s digital rupee initiative adding that Central Bank Digital Currency (CBDC) pilot, which began in late 2022, now has…
Abu Dhabi Introduces Regulations for Fiat-Referenced Tokens
The financial authority of Abu Dhabi intends to oversee stablecoins, known as fiat-referenced tokens (FRTs), in response to requests from interested parties for their issuance.
Kyrgyz Republic Unveils Digital Som Legislation, CBDC Launch by 2027
A draft law for establishing a Kyrgyz CBDC has been made available by the NBKR.
Taiwan Central Bank Takes Cautious Approach to CBDC Launch
Yang Chin-long stated that the central bank is more concerned with steady growth than rapid advancement and that the creation of a CBDC is not a competition.
North Carolina Governor Vetoes Bill Banning CBDC
Key Takeaways North Carolina Governor Roy Cooper has vetoed House Bill 690, which aimed to ban the state from implementing a Federal Reserve-issued central bank digital currency (CBDC). The veto comes despite overwhelming support for the bill in both the…
Bahamas Seeks to Mandate Bank Support for ‘Sand Dollar’ CBDC
With the goal of encouraging greater acceptance of its CBDC, the Bahamas is getting ready to present legislation mandating commercial banks to support the "Sand Dollar."
North Carolina Passes Bill Restricting CBDC Usage
Key Takeaways North Carolina’s General Assembly passed House Bill 690 on Wednesday, imposing restrictions on the state’s government from using or accepting a Federal Reserve-issued central bank digital currency (CBDC). The bill now awaits approval from Governor Roy Cooper. The…
RBI and UAE’s Central Bank to collaborate on improving CBDC interoperability
The Central Bank of the United Arab Emirates (UAE) and the Reserve Bank of India (RBI) have decided to work together on cross-border central bank digital currency (CBDC) transactions for commerce and remittances.
Louisiana Bans CBDC, Passes BTC Custody Protection Bill
The bill allows users and businesses the ability to accept crypto for legal goods/services and to self-custody crypto in non-custodial and hardware wallets.
