Russia should use crypto for payments with Africa, commerce exec says
Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes.
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BoJ official says digital yen won’t be used to achieve negative interest rate
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates.
Mexican Senator Proposes CBDC Legislation After Promising Bitcoin Legal Tender Bill
Indria Kempis – Mexican senator for the State of Nuevo León – has introduced a bill to formalize the inclusion of virtual assets as a form of currency that may…
The US Securities Processor Is Building a Prototype to Support CBDC
The United States continues its exploration of a central bank digital currency (CBDC) as the main processor for US securities said it is developing a prototype for studying how such…
BIS releases study of CBDCs and their role in financial inclusion of the unbanked
The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges.
Brazilian central bank president confirms CBDC pilot will launch in 2022
The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin.
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance…
Namibian Central Bank Announces Plan to Launch CBDC
Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch…
India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would…
ECB executive board member talks about current state of digital euro CBDC research
Fabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well designed European CBDC.
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