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Central Bank of Brazil President States Digital Real Pilot Is Imminent

The president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the status of the development of the Brazilian central bank digital currency (CBDC), the digital real. Campos…

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Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report

The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.

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Report: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials…

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Former Chinese central banker says digital yuan ‘usage has been low’

A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”

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India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned

The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank…

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Bank of England opens applications for ‘proof of concept’ CBDC wallet

The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.

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Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program

The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new…

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India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a…

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