Banking FeaturedBahrain Centra Bank debuts JPM Coin remittance trialIFM CorrespondentJanuary 10, 2022 by IFM CorrespondentJanuary 10, 2022 The Central Bank of Bahrain teamed up with Onyx to test the Wall Street giant’s JPM coin... Read more
Currency FeaturedNigeria launches Africa’s first digital currency after banning crypto exchangesIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 The e-Naira could potentially boost Nigeria's GDP by $29 bn over the next decade... Read more
Featured FintechHong Kong-based fintech Hyphen to go public with Provident Acquisition mergerIFM CorrespondentOctober 14, 2021 by IFM CorrespondentOctober 14, 2021 The merger could value Hyphen at $1 bn... Read more
Currency FeaturedHong Kong takes first step towards central bank digital currencyIFM CorrespondentOctober 6, 2021 by IFM CorrespondentOctober 6, 2021 Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency... Read more
Currency FeaturedBank of England names reps from Asos, PayPal and Spotify in CBDC forumIFM CorrespondentSeptember 30, 2021 by IFM CorrespondentSeptember 30, 2021 The BoE forum will explore the practicalities of designing, rolling out and operating a CBDC... Read more
Currency FeaturedCentral Bank of Nigeria caps transfer limit for e-Naira at N50,000WebAdminSeptember 1, 2021 by WebAdminSeptember 1, 2021 According to the central bank, e-Naira will be officially unveiled later this year... Read more
Currency FeaturedBank of Thailand to begin testing CBDC in Q2 2022WebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The central bank awarded a contract for a CBDC prototype to central bank service provider G+D... Read more
Magazine TechnologyChina’s digital yuan could be the future of moneyWebAdminJuly 30, 2021August 2, 2021 by WebAdminJuly 30, 2021August 2, 2021 A digital currency will allow China to track spending in real-time, along with the money that is not linked to the dollar, which has become the yardstick of financial measurement... Read more
Currency FeaturedChina completes its first on-chain wage payouts using digital yuanWebAdminJune 15, 2021 by WebAdminJune 15, 2021 The blockchain-based digital yuan is now live in China’s Xiong’an New Area... Read more
Currency FeaturedJapan to begin experimenting CBDC in 2021Pritam BordoloiMarch 23, 2021 by Pritam BordoloiMarch 23, 2021 Earlier, Japan claimed that it won’t issue a CBDC... Read more