CBDC

Tanzania Is Careful With A CBDC Approach After Thorough Research

Key Points: After finding a number of obstacles that would hinder its implementation, Tanzania's central bank says it is still…

2 years ago

Cumulative e-CNY Transactions Only Crossed $14 Billion In Two Years

Key Points: Xie Ping, a former People’s Bank of China research director, made critical public comments about China’s central bank…

2 years ago

Turkish Central Bank Will Expand The CBDC Tests In 2023

Key Points: The first payments on the Digital Turkish Lira Network were successfully completed, according to a statement from Turkey's…

2 years ago

e-CNY App Allows Users To Send Digital Yuan-filled Red Packets

Key Points: The most recent version to the e-CNY app enables users to send virtual hongbao, or red envelopes loaded…

2 years ago

IMF Cooperates With Central Bank Of The Philippines On Wholesale CBDC Project

Key Points: The International Monetary Fund (IMF) plans to partner with Philippine central bank Bangko Sentralng Pilipinas (BSP) to create…

2 years ago

Central Bank Of Nigeria Increases CBDC Use By Restricting Cash Withdrawals

Nigeria is pushing hard in the adoption of digital currency and moving towards a cashless society as the country's central…

2 years ago

National Bank Of Kazakhstan Announces Whitepaper For Its CBDC

The second phase of testing for the central bank digital currency (CBDC) has been finished by the National Bank of…

2 years ago

Digital Euro Will Be European Target In 2024

The Presidents of the European Parliament, Council, and Commission have signed a joint agreement establishing goals for the next European…

2 years ago

Brazil Plans To Launch Its CBDC In 2024

By 2024, the Central Bank of Brazil intends to launch a central bank digital currency (CBDC). President Roberto Campos Neto…

2 years ago

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