CBDC

The Bank for International Settlements (BIS) in collaboration with the central banks of France, Singapore, and Switzerland, have collectively declared a triumphant trial of cross-border transactions and settlement using wholesale...Read More

Christine Lagarde, the president of the European Central Bank (ECB), acknowledged the significant developments in the crypto sector but indicated that a ‘digital Euro’ pilot would still require “at least...Read More

The Central Bank’s plans for a Central Bank Digital Currency (CBDC) in Western Russia have been met with significant skepticism. According to a report by Lipetsk News, a survey conducted...Read More

The Bank for International Settlements (BIS), in partnership with the central banks of Hong Kong and Israel, has successfully showcased that central bank digital currencies (CBDCs) can undergo settlement on...Read More

The State Bank of India (SBI), the country’s leading public sector bank, has now integrated UPI (Unified Payments Interface) with the Digital Rupee, which is India’s Central Bank Digital Currency...Read More

The Bank of Korea (BOK), South Korea’s central bank, is gearing up to unveil a “blueprint” for its Central Bank Digital Currency (CBDC) in September, underscoring the nation’s commitment to...Read More

Mastercard, the global payments leader, has launched a platform dedicated to fostering conversations and teamwork among stakeholders in the cryptocurrency domain, specifically concerning central bank digital currencies (CBDCs). In a...Read More

The Russian Central Bank is set to test its digital ruble on Moscow’s renowned metro system, indicating significant momentum in the nation’s CBDC (Central Bank Digital Currency) initiative. Earlier in...Read More

A majority of Russians express skepticism or indifference towards the digital ruble, Russia’s Central Bank Digital Currency (CBDC), according to a recent survey. BankInform, a media and information service provider,...Read More

The head of a Russian government agency has confirmed that national bailiffs will have the authority to seize digital rubles from citizens. This comes as the country prepares for a...Read More