CBDC

South Korea Embraces Cryptocurrency While Testing its own CBDC
Mar 23, 2022 at 12:00
News
South Korea Embraces Cryptocurrency While Testing its own CBDC
South Korea is known for its technological advances in various fields. With the introduction of cryptocurrencies, the country has begun to actively explore the potential of this industry.
Russia to Pilot Digital Ruble for Payments Between private Individuals
Jan 20, 2022 at 11:23
News
Russia to Pilot Digital Ruble for Payments Between private Individuals
Twelve Russian banks are preparing for the first phase of testing the digital ruble. The CBDC will be available for payments between private individuals.
The National Bank of Ukraine Claims the Test Pilot of the e-Hryvnia will not Influence the Actual Launch
Dec 19, 2021 at 11:11
News
The National Bank of Ukraine Claims the Test Pilot of the e-Hryvnia will not Influence the Actual Launch
On December 14, Ukraine's TASCOMBANK announced the launch of a pilot project to test the functionality of the electronic hryvnia. Although the National Bank (NBU) supports this project, it claims that it is the only institution authorized to issue the CBDC, so the pilot project will not have a significant impact on the development process.
Georgia Announces Plans on Releasing Their CBDC by the End of 2022
Oct 07, 2021 at 11:36
News
Georgia Announces Plans on Releasing Their CBDC by the End of 2022
Interest in CBDC is growing all over the world. While many countries, most notably China, are actively working on developing their digital coins, some other countries are just preparing to jump on the bandwagon. Recently, Georgia has decided to join the CBDC race.
Alarming Trend: Another Cryptocurrency Giant Gets in Trouble with the US Regulators
Sep 29, 2021 at 12:17
News
Alarming Trend: Another Cryptocurrency Giant Gets in Trouble with the US Regulators
The scrutiny that US regulators are imposing on cryptocurrency companies seems to be becoming a trend. Kraken is the latest company to run into trouble. The exchange had to pay a $1.25 fine for alleged illegal activity.
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
Sep 23, 2021 at 12:16
News
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
The wave of central bank digital currency (CBDC) is gaining traction around the world and the Ukrainian government plans to pay its employees with digital hryvnia.
Australia Gets Serious About CDBC; The Reserve Bank Announces a Digital Currency Job
Sep 16, 2021 at 10:00
News
Australia Gets Serious About CDBC; The Reserve Bank Announces a Digital Currency Job
The Reserve Bank of Australia (RBA) has advertised a position for a digital currency specialist. This is in line with the RBA's strategic plan to promote and support the development of payments in the country.
Could the Rise of Central Bank Digital Currencies Topple the US Dollar Supremacy?
Aug 18, 2021 at 11:04
News
Could the Rise of Central Bank Digital Currencies Topple the US Dollar Supremacy?
More than 60% of the world's Central Banks are now pursuing Central Bank Digital Currencies (CBDCs). Could this possibly challenge the autonomy of the US dollar?
Barbados Appoints Cryptocurrency Enthusiast as an Ambassador to the United Arab Emirates: What are the Implications for the Community?
Aug 12, 2021 at 08:25
News
Barbados Appoints Cryptocurrency Enthusiast as an Ambassador to the United Arab Emirates: What are the Implications for the Community?
Tech enthusiast, Barbados CBDC pioneer, Co-Founder and CEO of Bitt Inc. Gabriel Abed has just become the Ambassador of Barbados to the United Arab Emirates (UAE). Will his concrete background in cryptocurrency and blockchain technology make the UAE and the Middle East and North Africa (MENA) region a hub for crypto and blockchain technology?
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