CurrencyFeaturedNigeria 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
CurrencyFeaturedBank 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
CurrencyFeaturedChina 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
CurrencyFeaturedDubai Coin cryptocurrency not approved by any government entityWebAdminMay 28, 2021 by WebAdminMay 28, 2021 According to the government officials, the website is fraudulent and an elaborate phishing campaign... Read more
MagazineTechnologyAn antidote to costly cross-border paymentsWebAdminApril 1, 2021April 8, 2021 by WebAdminApril 1, 2021April 8, 2021 The idea of bitcoin becoming the world’s reserve currency is stoked by its recent run-up values. Can it bring economic order?... Read more
FeaturedTechnologyWeibo deactivates three bitcoin trading exchanges in ChinaPritam BordoloiMarch 12, 2021 by Pritam BordoloiMarch 12, 2021 The recent development led to concerns over tightening regulation on cryptocurrency in China... Read more
FeaturedTechnologyUAE government agency to start accepting digital currency paymentsPritam BordoloiFebruary 24, 2021 by Pritam BordoloiFebruary 24, 2021 Licensing bureau KIKLABB will allow citizens to pay with digital currencies... Read more
CurrencyFeaturedChina to carry out two more digital yuan trials in Chengdu and SuzhouPritam BordoloiJanuary 26, 2021 by Pritam BordoloiJanuary 26, 2021 Reportedly, Chengdu will distribute $7.7 mn to winners of its first digital yuan lottery on January 27... Read more
CurrencyFeaturedChina to hold second lottery of its CBDCPritam BordoloiNovember 24, 2020 by Pritam BordoloiNovember 24, 2020 The trail lottery is planned for Suzhou on December 12, 2020... Read more
FeaturedTechnologyJP Morgan begins commercial testing of digital currencyPritam BordoloiOctober 30, 2020 by Pritam BordoloiOctober 30, 2020 It also launched Onyx, a new division dedicated for its blockchain projects... Read more