Kazakhstan Launches National Payment Corp, CBDC implementation in agenda
National Payment Corporation will look into interbank clearing services, money transfers and digital identification.
Tag cbdc
Australia Explores CBDC for Payments and Tokenization; Implementation Could Take Some Years
Australia's central bank has finished testing a central bank digital currency (CBDC) and found it helpful in four key areas, including facilitating complex payments and asset tokenization.
Russia Takes a Step Forward with Digital Ruble as Putin Signs CBDC Bill into Law
Key Takeaways In a significant move towards modernizing its financial landscape, Russian President Vladimir Putin has signed the digital ruble bill into law. The enactment grants legal authority to the country’s central bank, the Bank of Russia, to issue its…
South Korean Banks Explore Tokenized Deposits as CBDC Alternative
Certificate of Deposit tokens are becoming more popular among South Korean banks as stablecoin alternatives.
US Congressman Calls for Swift Ban on CBDCs, Compares Them To Death Stars
Davidson argued that CBDCs could become tools for coercion and control, paving the way for a dark future that violates data privacy rights and undermines individual freedoms.
BIS Unveils Robust Framework to Safeguard CBDCs Against Cyberattacks
BIS has created a framework to protect CBDCs in the DeFi sector from cyberattacks.
Largest Southeast Asian Bank Launches Digital Yuan Payment Solution
The payment solution is exclusively available to corporate clients of DBS Bank China, allowing them to collect e-CNY from their customers and conduct automated settlements of the digital currency into their CNY bank deposit accounts.
Swiss National Bank to Launch Wholesale CBDC Pilot, Embracing Blockchain Innovation
The digital currency will be issued on Switzerland's SIX digital exchange, and Jordan emphasized that it would not be a mere experiment but a tangible form of money equivalent to bank reserves.
Mercado Bitcoin Joins Brazil’s CBDC Pilot as Authorized Crypto Exchange
Mercado Bitcoin has been granted permission by Brazil's central bank to participate in the pilot program for the digital real.
IMF To Develop a Global CBDC Platform
Key takeaways: Central Bank Digital Currencies (CBDCs) have been gaining traction worldwide as nations explore the potential benefits of digitising their national currencies. In a groundbreaking move, the International Monetary Fund (IMF) has recently announced its plans to develop a…
