News

In a conference hosted by National Bank of Ukraine, some central banks recently suggested that blockchain is unnecessary for digital fiat currency

Bank of Canada is preparing for creating its own digital currency to defend the Canadian dollar and monetary sovereignty.

As a crypto firm in Ukraine plans to issue the first Ukrainian hryvnia-pegged stablecoin, the country’s central bank is progressing with its e-hryvnia project.

Japan’s Monetary Authorities Get Serious About CBDC Research and Roll Out

CBDC: Bank of Japan and nation's financial service agency held talks to determine whether to issue central bank digital currency.

The senior Bank of England official believes that regulators must act quickly to prevent major tech firms from using stablecoins to dominate the payments sector.

JPMorgan published a report showing a significant move towards blockchain, enormous growth of blockchain, and challenges hindering mainstream adoption.

CBDC: The former CFTC Chairman Christopher Giancarlo recently stated that the US Fed must issue a digital currency.

JP Morgan report says that current blockchain developments are lying down the foundation for digital money, but more centralization is needed.

Sveriges Riksbank and Accenture project to use simulated agents to test ‘e-krona’

The Sveriges Riksbank, Sweden’s central bank, has announced the start of a pilot testing phase for the e-krona in a country which has seen declining physical cash use over the years. The popularity of central bank digital currencies (CBDC) has been on the rise recently as an alternative to banknotes and coins across the world.

Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.

Avant was launched to establish a new payments network but failed due to competition from ATMs

CBDC: Sweden has started testing the electronic or digital version of its national currency, the e-krona, Riksbank confrims.

CBDCs are starting to gain some momentum.