Central Bank

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.
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.
The Chinese Digital Yuan Shows Success, but WeChat and Alipay Pose Threats
Sep 21, 2021 at 13:11
News
The Chinese Digital Yuan Shows Success, but WeChat and Alipay Pose Threats
China's Central Bank Digital Currency (CBDC) digital yuan, or e-CNY, has won a certain victory after completing tests in major Chinese cities. But the next war is now being fought between digital payment giants WeChat and Alipay.
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.
The Central Bank of Russia is Taking Measures Against Bitcoin Payments
Sep 14, 2021 at 11:43
News
The Central Bank of Russia is Taking Measures Against Bitcoin Payments
The Central Bank of Russia (CBR) has drawn up the Strategy on Financial Market Development by 2030, which makes clear its opposition to the cryptocurrency.
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?
Stragglers Are the Fastest Runners: Ghana is Piloting CBDC in October 2021
Aug 04, 2021 at 12:27
News
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 12:29
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.
Tanzania, Panama, Paraguay; Does El Salvador Influence Countries to Become Crypto-Friendly?
Jul 31, 2021 at 08:48
News
Tanzania, Panama, Paraguay; Does El Salvador Influence Countries to Become Crypto-Friendly?
El Salvador has left the whole world wondering whether it should follow suit after adopting bitcoin as legal tender this month, despite critics saying it comes with huge social, economic and political burdens. Africa, particularly Tanzania, could become a carbon copy of El Salvador.
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