Bank of Russia Delays CBDC Pilot Rollout
The Bank of Russia's central bank digital currency (CBDC) pilot, which was scheduled to begin on April 1, has been delayed indefinitely due to specific legislation only passing through the…
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TURKEY
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Turkish Lira
Central Bank Of Turkey Expands Research, Prepares To Test Digital Lira On New Platform
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will…
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Ukraine’s Digital Ministry Plans To Pay Employees With Digital Hryvnia In Pilot Project
Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic…
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China Has Dispersed Over $40 Million Of Digital Yuan In Red Envelopes, Report Reveals
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional…
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Prime Minister Of Vietnam Asks Central Bank To Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the…
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Central Bank Of Sweden Invites Financial Market Actors For Second Phase Of E-Krona Pilot
Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals…
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Kazakhstan Is Preparing The Launch Of A CBDC Pilot With Private Financial Companies
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making…