Ripple Labs to Provide Infrastructure for Establishing Bhutan’s Digital Ngultrum
Branded as the only Carbon-neutral country globally, Bhutan has tapped the services of blockchain payments firms Ripple Labs Inc to design its Central Bank Digital Currency (CBDC), the Digital Ngultrum.…
Bank Of Korea Initiates CBDC Pilot Plan On Samsung Galaxy Smartphones
Bank of Korea has announced a pilot plan to launch its CBDC (Central Bank Digital Currency) through the Galaxy smartphones of Samsung Electronics, a South Korean multinational electronics company. The Central…
Hong Kong Lists CBDC Development As Strategy Fintech 2025 Roadmap
The Hong Kong Monetary Authority (HKMA) has outlined its new technological development roadmap dubbed the ‘Fintech 2025’. It aims to develop Fintech and digital currency, Hong Kong’s version of Central…
China’s CBDC Testing Advances Along 19.25M Yuan Distribute To Residents
China is set to take its Digital Yuan pilot tests to Shanghai to pursue Central Bank Digital Currency (CBDC). According to the Information Office of Shanghai Municipality, the latest proposed…
$6.2 Million Worth Of Digital Yuan Is Officially Piloted In Beijing
The Chinese digital renminbi is officially piloted in the capital of China-Beijing. The Chinese government plans to issue a total of $6.2 million worth of digital currency to Beijing residents through…
CSRC Director Yao Qian: CBDCs Can Run On Ethereum And Diem
Yao Qian, Director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission (CSRC), revealed that Central Bank Digital Currencies (CBDCs) could run on a public blockchain or payment…
Bank Indonesia Plans To Launch Its Central Bank Digital Currency
According to a Reuters report on Tuesday, the Bank Indonesia (BI) is planning to launch its central state digital currency plan-the digital rupiah currency and is evaluating which platform to…
South Korea Seeks Tech Partner To Build The Pilot Program For CBDC
According to a Reuters report, South Korea’s central bank on Monday said it would choose a technology supplier to build a pilot platform for a digital currency, moving a step…
Kazakhstan Launches Public Consultation For Its Proposed CBDC
The National Bank of the Republic of Kazakhstan (NBRK) is set to launch a public consultation for its proposed digital tenge currency, the nation’s official Central Bank Digital Currency (CBDC).…