While Japan’s CBDC plans are still in the research stage, Shinichi Uchida, an executive of the Bank of Japan (BOJ) has said simplicity will drive […]
Mexico's president rules out accepting crypto as legal tender
President of Mexico Andrés Manuel López Obrador said the country was unlikely to follow in El Salvador’s footsteps by adopting cryptocurrencies like Bitcoin as legal […]
Digital Pound Foundation launches to promote CBDC development in the UK
The Digital Pound Foundation (DPF), a group of technology, innovation, and regulatory experts, has announced its launch as an independent non-profit organization in the U.K. […]
MoneyGram launches USDC settlement using the Stellar blockchain
Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) […]
IMF managing director: 110 countries are 'at some stage' of CBDC development
International Monetary Fund, or IMF, managing director Kristalina Georgieva said more than half of all central banks in the world are exploring how to launch […]
Chinese banks explore e-yuan for selling investment funds and insurance
Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and […]
Nigeria's central bank issues draft guidelines on eNaira CBDC project
The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency. Source: cointelegraph.com In a sensitization document sent to commercial […]
Singapore central bank shortlists 15 companies to develop retail CBDC
The Monetary Authority of Singapore (MAS) has shortlisted 15 “Global CBDC Challenge” participants to help build an in-house retail central bank digital currency (CBDC). Source: […]
Ukrainian ministry considering digital currency pilot for staff salaries
Mikhail Fedorov, Ukraine’s Deputy Prime Minister and the head of the country’s Ministry of Digital Transformation, has revealed a possible early use case for the […]
Bank of Ghana to pilot CBDC with German securities printing firm G+D
The Bank of Ghana (BoG) is making another step towards the development of a central bank digital currency (CBDC) by partnering with a German currency […]