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The Bank of Jamaica (BOJ) believes it must obtain a court order approval for tracking CBDC transactions, apart from wallet holders and issuers.
Paying ministry employees in e-hryvnia could be a suitable first pilot for the central bank digital currency currently in development.
Samsung Electronics will participate in South Korea’s Central Bank Digital Currency pilot project. The electronics tech giant will help to determine whether CBDC transactions could be conducted on
The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week and is hoping to gain traction in the remittance and copper markets.
Central bank says prototype would operate without bank account, contract or smartphone
The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.
The Bank of Jamaica has minted its first batch of its CBDC, the Digital Jamaican Dollar, and has entered a pilot testing phase.
Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs.
Central bank kicks off pilot exercise with limited issuance of currency to banks and payments firms
The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December.
Not all digital assets would be treated as sternly as cryptocurrencies and not all of them will become the future of money.
The Central Bank of Venezuela officially announced to launch central bank digital currency (CBDC) in October this year.
Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier.