Tag

CBDC

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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Bank of Japan Releases Report on Central Bank Digital Currencies as Global CBDC Pilot Programs Gain Momentum

The Bank of Japan has recently published a report detailing its findings and outcomes regarding central bank digital currencies (CBDCs). According to the report released on Monday, Japan initiated a...
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Ripple Unveils Groundbreaking CBDC Platform, Enabling Central Banks and Financial Institutions to Issue Digital Currencies

Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Using Ripple’s platform government institutions can...
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Visa Unveils Blockchain and CBDC Project in Brazil for SMEs

  Visa has partnered with Agrotoken, Microsoft, and Sinqia to launch a new blockchain and central bank digital currency (CBDC) project in Brazil. The project aims to explore the use...
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