Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.”
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The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.”
Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the…
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and…
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank…
The number of digital yuan wallets in China has reportedly surged to 140 million, as 10 million of them are corporate accounts. Transactions in e-CNY reached 62 billion yuan, or…
While the Central Bank of Nigeria (CBN) continues to tout the e-naira’s credentials as a tool for fostering financial inclusion, some experts agree that this central bank digital currency (CBDC)…
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head.
Nigerian government officials have big expectations regarding the eNaira.
The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs.