Tag: CBDC

Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment…

Two major government-owned Chinese banks are expanding their pilot programs for the national Digital Currency. China Construction Bank (CCB) and Bank of Communications (BOCOM) have begun studying the new use cases of the…

The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is…

The Monetary Authority of Singapore (MAS) has selected 15 firms with vested interests in the digital currency space to help develop its retail Central Bank Digital Currency (CBDC).  As published by the…

The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions…

India has announced that it is ready to begin testing its electronic rupee towards the end of 2021.  The governor of India’s central bank, Shaktikanta Das, disclosed that in an…

Ukraine’s Ministry of Digital Transformation has announced plans to pay the national digital currency, central bank digital currency (CBDC), for its employees’ salaries. In a recent interview with Ukraine media outlet TSN,…

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…

The Bank of Jamaica (BOJ) suggests that the authority must obtain a court order to track Central Bank Digital Currency (CBDC) transactions apart from wallet holders and issuers, as CBDC such emerging…

A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on…