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The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April.
15 candidates have been chosen to continue vying for the role to help deploy Singapore's CBDC program
Monetary Authority of Singapore (MAS), the nation's central bank, chooses 15 finalists for Global CBDC Challenge.
The CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC.
The governor of India’s central bank recently said that the regulator is preparing to start trial programs for its digital rupee by December. The central bank revealed that it will examine the func
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
Digital RMB Used in China’s Futures Market for the First Time On August 24th, the Dalian Commodity Exchange had paid the fees to Dalian Liangyun Group Storage and Transportation Co., Ltd in the form of digital RMB, making it the first use of digital RMB
India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe.
In a recent survey, British adults expressed concerns of personal privacy and government interference on the prospect of a government-backed digital currency.
Having worked on its Digital Currency Management System since 2016, Bitt has launched the first synthetic CBDC in Barbados, followed by another first in the
The Bank of Thailand (BOT) has introduced its plans (after an extensive study) to start testing a retail central bank digital currency (CBDC) during Q2 2022. The BOT had carried out a research study on the implications and feasibility of issuing a retail CBDC, as
Circle is a Fintech that is best known for its dollar-based stablecoin, USDC, that has grown rapidly in recent months. Today, USDC is the second most popular stablecoin following Tether, with a market cap of over $27 billion. While about half the size of Tether
Scholars argue CBDC “wallets” ought to be under full control of retail users
Ukraine has announced pilot testing plans for central bank digital currency to pay the national digital currency (CBDC) to its workers' salaries.
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability.