cbdc

As cryptocurrency gets more popular, it attracts more attention especially from the government who have proposed, and some of them have implemented a CBDC (central bank digital currency) to facilitate digital payments. Some people are of the opinion that the use of these digital could serve as...

The recent survey that was carried out on the Central Bank digital currency projects revealed that about 90% of the central banks are investigating the CBDC project and this is basically because this project cut across all the central banks of the world and it is a global project. It is very...

The Bank of Iran has revealed plans to set up its own digital currency, also known as CBDC and they have dubbed it the “crypto-rial”. The bank sent a notice to local banks and credit agencies about a number of impending regulations connected to the CBDC. Apparently certain frameworks are being...

The digital currency is what is on the lips of many government. No one wants to be found wanting on the opportunities offered by the digital currencies and that the major reason why the digital currencies are being discussed by many government. So many countries have launched their CBDC...

The CBDC projects have been taken by many countries. The Central banks digital currency is a digital form of the fiat currency and it's been adopted by many countries including African countries. The digital form of the fiat currency becomes very necessary when the world is gradually shifting...

The CBDC( Central Bank Digital Currency) projects is a global practice and most of the countries are tapping into the fortune offered by offering digital payments. It's the digital version of the fiat currency. The Chinese leads the CBDC project and other countries are following their lead...

The CBDC project is a global initiative that has received support from a number of countries. Jamaica has joined the list of countries that have adopted CBDC initiatives. Andrew Holness, Jamaica's Prime Minister, confirmed this. The Bank of Jamaica (BOJ) released the results of the pilot in...

Despite the fact that the US government continues to toy with the notion of releasing its own central bank digital currency, the Bank of America feels it is "inevitable." Furthermore, analysts from a prominent banking organization believe that stablecoins will continue to thrive and play a...

According to reports, Iran's Central Bank (CBI) is intending to launch a central bank digital currency (CBDC) pilot soon. The CBI vice governor remarked, according to the Iranian Labour News Agency, that CBDCs might help the government tackle financial irregularities. The construction of a...

Malaysia's central bank has completed a CBDC proof-of-concept with three other countries and may consider building its own blockchain-based cross-border payment system. Malaysia has joined a growing list of countries looking at the benefits of researching and developing a central bank digital...

In China, a prototype version of e-CNY, China's digital yuan mobile wallet, has gone live on iOS and Android app stores. According to a tweet from BlockBeats, a local news outlet, individual users in China can now download a version of the software to try out "personal wallet opening and...