Bank of Russia Governor Elvira Nabiullina declared on Thursday that the country’s central bank digital currency (CBDC) – digital ruble – is prepared for widespread adoption, two months before a September 1 deadline. Speaking in St Petersburg, Nabiullina said “everything…
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.
In an effort to come up with new ideas for a central bank digital currency, Hong Kong officials are thinking about releasing a CBDC in the form of a stablecoin supported by the government
Key Takeaways The Bank of Korea has formally suspended preparations for the second phase of its central bank digital currency (CBDC) pilot, halting a project that had been scheduled to proceed in the final quarter of 2025. Participating banks were…
Key Takeaways On January 23, newly-elected US President Donald Trump signed an executive order to establish an internal working group tasked with fostering crypto innovation and development in the U.S. The move, announced during a televised address from the Oval…
Key Takeaways The Reserve Bank of India (RBI) is advancing its cross-border payments initiative by incorporating central bank digital currencies (CBDCs) for settlements. As per the report, the move aims to enhance the speed and efficiency of international transactions while…
Key Takeaways The Bank of Canada (BOC) recently released a study revealing Canadian consumers’ reservations about adopting a central bank digital currency (CBDC). This comes as the BOC explores a digital Canadian dollar, aiming to gauge public interest and address…
Key Takeaways The Central Bank of Brazil has opened applications for organizations interested in joining the next phase of its central bank digital currency (CBDC) pilot, Drex. From October 14 to November 29, companies can submit their proposals for participating…
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.
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…
