Follow us on Google News Key Takeaways: According to the latest reports, the Bank of Korea has completed the first stage of the CBDC pilot project last December. The second phase is expected to end by June 2022. The bank…
Follow us on Google News An official from Iran’s Central Bank revealed that the pilot phase of the country’s digital currency project will begin soon. The Islamic Republic hopes to join a growing group of countries that want to benefit…
Follow us on Google News Key takeaways: The long-awaited report on central bank digital currencies was released by the US Federal Reserve. The Fed described the benefits and drawbacks of a central bank digital currency, also known as a CBDC,…
Congressmen and long-time crypto advocate, Mr Tom Emmer has introduced a bill to interrupt Fed’s ongoing studies on digital currencies. The bill prohibits Federal Reserve to issue its own CBDCs to individuals. Emmer has stated that the central bank should…
Follow us on Google News Key Takeaways: Reserve Bank of India establishes department to oversee cryptocurrency exchanges and develop CBDCs. According to reports, India would create two CBDCs, one for wholesale and one for retail. According to a Coindesk report,…
Key Takeaways: CBB is focused on enhancing customer experience related to payment & settlement solutions. JPM coin’s successful trial marks a promising future. An official statement from Bahrain’s Central Bank on Thursday declared the successful completion of the payment test…
Follow us on Google News Key Takeaways: In a tweet on Wednesday evening, Mexico confirms plans to roll out CBDCs in 2024. The plans for a CBDC follow President Andrés Manuel López Obrador’s recent statement that Mexico will not follow…
Follow us on Google News. Key takeaways: The Stellar Development Foundation announced today that an electronic version of the hryvnia, Ukraine’s national currency, will be piloted using the Stellar blockchain. The pilot, which is being run by Bitt and TASCOMBANK,…
Key takeaways: The newest French CBDC experiment, led by Belgian financial services business Euroclear, used an IBM system. Agence France Trésor, BNP Paribas CIB, Crédit Agricole CIB, HSBC, and Societe Generale participated in experiments commissioned by the Bank of France…
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