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UK is 'likely' to need digital currency, says BoE and Treasury: Report
4.2.2023
The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
3.2.2023
The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
Big Indian Merchants Including Reliance Retail Start Accepting CBDC
2.2.2023
India's central bank digital currency known as the digital rupee will start getting accepted as a retail payment by some of the biggest merchants in the nation including Reliance Retail, India's largest retail chain
India’s Largest Retail Chain to Accept Payments in CBDC
2.2.2023
India's largest retailer Reliance Retail has announced plans to accept payments in the digital rupee in a move that could boost the nation's adoption of CBDCs....
Read More: India’s Largest Retail Chain to Accept Payments in CBDC
Indian retail chain rolls out support for CBDC payments in stores: Report
2.2.2023
Reliance Retail has implemented support for the digital rupee in its gourmet store line Freshpik
HSBC needs someone to helm its tokenization efforts
2.2.2023
HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody, according to a job posting
China's Hainan to boost NFT oversight as digital yuan trial ramps
31.1.2023
Hainan's market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior
Montenegro's central bank teams up with Ripple on digital currency pilot project
30.1.2023
Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
29.1.2023
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital currencies (CBDCs) and stablecoins as a “natural...
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
27.1.2023
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central bank has said. Meanwhile, the Saudi Minister of Finance has said CBDCs can be...
Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token
25.1.2023
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: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger...
UK Bitcoin community reacts to incoming CBDC and digital pound rollout
25.1.2023
A new role, "Head of CBDC," will help the United Kingdom to "explore the case for a digital pound," although UK Bitcoiners would argue that might not be necessary
Why less may be more when building Web3
25.1.2023
To build secure and resilient Web3 systems, transparency alone is not enough. By placing greater emphasis on simplicity, we can make the peer-review of code more effective and minimize security breaches in the Web3 space
How Web3 could revolutionize loyalty programs
25.1.2023
Loyalty programs are great, and many consumers opt for certain brands because of these programs. But they can get better, and blockchain technology can improve
Saudi Central Bank still researching CBDC, but no decision on deployment
25.1.2023
Saudi Arabia's central bank stressed that no decision has been made to launch a CBDC in the Kingdom, but it will continue to research use cases
UK gov't is hiring a central bank digital currency lead for Treasury team
24.1.2023
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda
UK Treasury Is Looking for CBDC Head as It Explores Digital Pound
24.1.2023
The country's government will introduce a consultation on its CBDC in the coming weeks
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches
24.1.2023
With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for returning the old notes, the central bank insists...
ECB executive board member outlines plans for digital euro to European Parliament
23.1.2023
ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app