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.
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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.
US Treasury Secretary Believes CBDC Could Outcompete Bitcoin as Means of Exchange
Janet Yellen – Treasury Secretary of the United States – recently delivered her first speech solely dedicated to cryptocurrencies. While discussing the risks and benefits of crypto and CBDCs, the…
South Africa finishes technical PoC for wholesale CBDC settlement system
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
WeChat Adds Support to Digital Yuan Payments (Report)
China’s messaging app giant – WeChat – reportedly enabled digital yuan settlements on its platform. The service is available in all of the 23 regions where the financial product is…
Sweden’s central bank completes second phase of e-krona testing
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank.
More than three-quarters of central banks considering a CBDC: research
The report by PwC shows that 80% of central banks are considering or have already launched a CBDC.
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