Tag

CBDC

Bank of Korea Pauses CBDC Pilot Amid Rising Stablecoin Momentum

The Bank of Korea has announced a temporary suspension of preparations for the second phase of its central bank digital currency (CBDC) pilot, dubbed “Project Han River,” originally scheduled for...
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EmTech CEO Carmelle Cadet Discusses CBDC and Fintech Innovation at Nigerian Fintech Week in Exclusive Interview with CoinNewsExtra

Carmelle Cadet, founder and CEO of EmTech, shared her insights on the future of Central Bank Digital Currency (CBDC) in Africa and the importance of fintech in driving financial inclusion...
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Qatar Central Bank Announces Completion of CBDC Infrastructure Development

Doha, June 2, 2024 – The Qatar Central Bank (QCB) has successfully completed the infrastructure development for its Central Bank Digital Currency (CBDC) project, marking a significant milestone in its...
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BIS Innovation Hub Unveils Ambitious Blockchain and CBDC Initiatives in 2024 Work Program

In a groundbreaking move, the Bank for International Settlements (BIS) Innovation Hub has unveiled a series of ambitious projects as part of its 2024 work program, signaling a significant stride...
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U.S. Representative Tom Emmer Joins Forces with Trump to Combat CBDC Threat to Financial Privacy

In a recent statement posted on X (formerly Twitter), United States Representative Tom Emmer, the majority whip of the U.S. House of Representatives, aligned himself with former President Donald Trump’s...
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Spain’s Central Bank, Banco de España, Teams Up with Collaborators for CBDC Trials

Spain’s central bank, Banco de España, recently revealed its chosen collaborators for advancing their exploration into central bank digital currency (CBDC) experiments. A year following an open call for partners,...
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Brazil’s Central Bank Launches DREX as Official CBDC

In a significant stride towards digitizing its financial landscape, the Central Bank of Brazil has unveiled “DREX” as the official name for the country’s forthcoming central bank digital currency (CBDC),...
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Emtech’s CBDC Kit Receives $4M Seed Investment

(Image credits: fortune) Emtech, a pioneering African central banking infrastructure provider, is making waves in the financial technology sector with its groundbreaking Central Bank Digital Currency (CBDC) Innovation Kit. This...
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Russia to Launch Testing of ‘Digital Ruble’ CBDC as President’s Signature Nears

Russia is gearing up to initiate testing of its very own central bank digital currency (CBDC), dubbed the ‘digital ruble,’ as early as August 1, pending President Vladimir Putin’s signature...
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Central Banks Forge Ahead with CBDCs Despite Crypto Market Calamity

Image source: BlockchainNews According a decrypt report, the number of central banks eager to introduce Central Bank Digital Currencies (CBDCs) in the near future has doubled since last year, demonstrating...
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