The Bank of Korea announced on July 31 plans to conduct a central bank digital currency (CBDC) in three towns.
Category: Central Bank Digital Currency (CBDC)
Hong Kong Join Forces with Saudi Arabia to Promote Financial Innovation
On July 26, the Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding with the Saudi Central Bank (SAMA)
Palau Launches USD-Backed Stablecoin Pilot Testing
An announcement conveyed by the government of Palau revealed that the regulatory agencies had been granted legal authority to proceed
Korean Banks Explores Certificate of Deposit Token as CBDC and Stablecoin Alternative
In a recent update, private commercial banks in South Korea have teamed up to tokenize the depository services. The research
Nigerian Central Bank Introduces NFC Technology on CBDC for Convenient Payments
A news briefing featured on a media outlet, “The Sun,” revealed the central bank of Nigeria (CBN) has integrated the
Namibian Regulators Green Lights Crypto and Digital Assets Bill
In an official publication issued by the lower house of the Namibian parliament, the policymakers granted their final nod on
Chinese Jinan City Accepting CBDC Payments for Bus Rides
In an advanced announcement issued by the Chinese local news site Shunwang-Jinan Daily, regulators in Jinan approved crypto payments in
Bank of England Argue that ‘Britcoin’ Might Not Be on a Blockchain
As central banks across the world are conducting pilot tests for the central bank digital currency (CBDC), the Bank of
Central Bank of Brazil Collaborates with Mercado Bitcoin to Launch CBDC Pilot
A statement issued by the Central Bank of Brazil on June 22 revealed that the apex bank will work closely
Winklevoss Twins Projects Democrats Downfall Cites Ongoing War on Crypto
The co-founders of crypto exchange Gemini Cameron and Tyler Winklevoss announced on Saturday that most American youth wouldn’t vote for the Democrats