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Bank of England answers professionals' questions about upcoming CBDC wallet
5.1.2023
The Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract
The ‘godfather of crypto’ wants to create a privacy-focused CBDC: Here’s how
3.1.2023
David Chaum explained his game plan to create a CBDC that would also be appreciated by the crypto ecosystem in an exclusive interview
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
China’s Digital Yuan Little Used, Former Central Bank Official Says
31.12.2022
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
31.12.2022
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and fintech companies to join the trials. Turkey to Widen...
Central Bank Digital Currency: Turkey's Central Bank Conducts First Transactions of Digital Lira – Will Other Countries Follow Suit?
30.12.2022
The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank digital currency (CBDC), the Digital Turkish Lira.
The country's central bank issued a press release on December 29, stating that,
"In the scope of the first-phase studies of the Digital Turkish...
Turkey’s central bank completes first CBDC test with more to come in 2023
30.12.2022
After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023
Former Chinese central banker says digital yuan ‘usage has been low’
30.12.2022
A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”
Turkish Central Bank Runs First CBDC Tests
29.12.2022
The monetary authority said it will conduct further trials in the first quarter of 2023
Chinese Central Bank Updates Digital Yuan App, Adds Gift Functions
28.12.2022
The central People’s Bank of China (PBoC) has updated its digital yuan app – and is attempting to drive up adoption with new gifting and invitation functions.
The newspaper Beijing Business Today reported that the smartphone app, which was launched in January this year, has undergone another...
China’s CBDC wallet resorts to ages-old tradition to boost adoption
28.12.2022
A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app
Project Hamilton has concluded, weeks after legislators’ enquiry, according to Boston Fed
26.12.2022
The two-year project produced a white paper in February; research results will continue to appear, with the Fed’s partner at MIT scheduled to make a research report in January
ECB to Decide Whether to Issue Digital Euro in 2023
24.12.2022
The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023....
Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’
23.12.2022
Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank of Nigeria said on Dec. 21 that individuals will be able to withdraw an equivalent of $1,120 per week starting on Jan. 9, 2023. The central bank said individuals and corporate organizations...
How crypto could be good for CBDC and vice versa: Industry exec explains
23.12.2022
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs
'Don't Regulate - Ban Crypto Before It Triggers Financial Crisis', Indian Central Bank Head Says
22.12.2022
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, suggested that cryptocurrencies should not be regulated - they should be banned altogether, lest they lead to the next financial crisis.
Speaking at the Business Standard BFSI Insight Summit on Wednesday, and asked about the war...
Digital euro settlement, distribution options detailed in latest progress report
21.12.2022
The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made
Today in Crypto: OKX Chain Launches Liquid Staking, South Korea Freezes $93.4M in Terra-related Assets, Central African Republic to List Sango in 2023
20.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: OKX Chain Launches Liquid Staking, South Korea Freezes $93.4M in Terra-related Assets, Central African...
China Adds More Cities to its Digital Yuan Pilot
19.12.2022
More Chinese cities will be added to the nation’s digital yuan pilot – with a rollout edging closer to reality.
Per the newspaper the Workers’ Daily, the city of Jinan, Shandong Province, will be added to the pilot area. Also joining the pilot will be Nanning and Fangchenggang in the Guangxi...
Kazakhstan to Press On With CBDC Development Until 2025
19.12.2022
For the next two years, the country will work on launching into industrial operation, and will cooperate other other central banks for cross-border and currency-exchange operations