CBDC

Australia Gets Serious About CDBC; The Reserve Bank Announces a Digital Currency Job
Sep 16, 2021 at 09:00
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 10:04
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 07:25
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?
Stragglers Are the Fastest Runners: Ghana is Piloting CBDC in October 2021
Aug 04, 2021 at 11:27
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Stragglers Are the Fastest Runners: Ghana is Piloting CBDC in October 2021
Countries that have just started participating in the development of Central Bank Digital Currencies (CBDCs) are doing pretty well. Ghana is now launching its digital cedi in two months. In contrast, China started launching its digital yuan back in March 2018 and has yet to succeed.
The US Congress is Split Over the Digital Dollar: A Plus for China's Leadership in the CBDC
Aug 02, 2021 at 11:29
News
The US Congress is Split Over the Digital Dollar: A Plus for China's Leadership in the CBDC
As America tries to catch up in the development of the digital dollar, several obstacles still stand in its way. Congress remains divided on the issue, giving China even more of a chance to win.
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
Jul 16, 2021 at 09:02
News
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc to implement a Central Bank Digital Currency (CBDC) project. The progress made by the European Central Bank is a step towards a "CBDC era".
Things Are Heating up: Can Nigeria Beat China in the Release of the First CBDC?
Jun 23, 2021 at 10:00
News
Things Are Heating up: Can Nigeria Beat China in the Release of the First CBDC?
Despite Africa being the poorest continent on earth with most people living below the poverty line, the continent is out to prove the world wrong when it comes to digital financial technology. The transaction volume of cryptocurrencies is growing steadily, and Nigeria is leading Central Bank Digital Currency (CBDC) innovation in Africa.
Winter Olympics Tickets to Be Sold for State-issued CBDC Digital Yuan
Jun 11, 2021 at 13:28
News
Winter Olympics Tickets to Be Sold for State-issued CBDC Digital Yuan
In a move to test its state-owned CBDC dubbed e-CNY, China has given away digital red envelopes embodying its prototype CBDC in Beijing and Shanghai to test the digital yuan (e-CNY). Reportedly, the Winter Olympics (WO) vendors will also allow e-CNY for payments.
China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens
May 30, 2021 at 09:01
News
China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens
China is accelerating its pursuit of a digital yuan that is anticipated to be finally rolled out before the end of 2021. One of the reasons to issue its own central bank digital currency (CBDC) is to keep a close eye on and control the transactions of the citizens.
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