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European Central Bank outlines comprehensive strategy for digital euro implementation, targeting first issuance by 2029 with pilot exercises beginning in 2027. The European Central Bank (ECB) announced its comprehensive digital…
The government of the UAE completed the first transaction using digital dirhams, its CBDC, to make a cross-border payment to China. The development, which leveraged the Mbridge platform, opens new…
Singapore’s push toward resilient tokenized finance accelerates as MAS locks in stablecoin standards and launches broad settlement trials, signaling rising institutional momentum and advancing frameworks designed to scale cross-border activity…
The Italian Banking Association supports a digital-euro central bank digital currency (CBDC) while urging that investment costs be spread over time. Italian banks, led by the Italian Banking Association (ABI),…
The Central Bank of Brazil said the recent pause in using blockchain for drex, its central bank digital currency project, is temporary. The bank intends to continue using decentralized technology…
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated…
Europe accelerated its digital transformation as the European Central Bank advanced the digital euro into its next phase, setting the stage for technical readiness, future issuance, and a unified financial…
The Central Bank of Bolivia has taken preliminary steps to implement an interbank wholesale CBDC, saying it could benefit the modernization and security of the country’s financial system. By contrast,…
Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank digital currency…
The European Central Bank just supercharged the digital euro’s momentum, locking in top-tier firms to build core infrastructure components that could revolutionize payments across Europe. European Central Bank Secures Tech…