With parliamentary nod, digital euro inches closer to reality
The digital euro, as an electronic wallet guaranteed by the ECB but marketed by banks, will allow eurozone residents to make payments both online and in person...
Tag : CBDC
IF Insights: CBDCs are the new craze in the world of digital currencies
CBDCs are envisioned to provide households, consumers, and businesses with secure means of exchanging digital currency...
Bahrain Centra Bank debuts JPM Coin remittance trial
The Central Bank of Bahrain teamed up with Onyx to test the Wall Street giant’s JPM coin...
Nigeria launches Africa’s first digital currency after banning crypto exchanges
The e-Naira could potentially boost Nigeria's GDP by $29 bn over the next decade...
Hong Kong-based fintech Hyphen to go public with Provident Acquisition merger
The merger could value Hyphen at $1 bn...
Hong Kong takes first step towards central bank digital currency
Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency...
Bank of England names reps from Asos, PayPal and Spotify in CBDC forum
The BoE forum will explore the practicalities of designing, rolling out and operating a CBDC...
Central Bank of Nigeria caps transfer limit for e-Naira at N50,000
According to the central bank, e-Naira will be officially unveiled later this year...
Bank of Thailand to begin testing CBDC in Q2 2022
The central bank awarded a contract for a CBDC prototype to central bank service provider G+D...
China’s digital yuan could be the future of money
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...