Search Result for 'CBDC'

Indonesia’s central bank Bank of Indonesia is planning to introduce Central Bank Digital Currencies (CBDCs) as a means to combat the popularity of crypto assets in the country, Bloomberg reported Tuesday. Bank ...

The New York Federal Reserve Bank announced on Monday that it has established the New York Innovation Center (NYIC) to develop and test new financial technologies. In partnership with the Bank for ...

The recently launched app of Nigeria’s new digital currency eNaira has recorded almost 600,000 downloads since the currency’s launch on October 25, local news outlets reported on Saturday. The latest statistics were ...

Florens Luoga, governor of the Bank of Tanzania, announced on Thursday that the bank has proceeded with plans to introduce Central Bank Digital Currency (CBDC) for Tanzanian nationals. According to a Bloomberg ...

The World Economic Forum (WEF) has published an all-encompassing white paper series on central bank digital currencies (CBDCs), discussing their role, impact, and risks in potential widespread deployment. These reports were compiled ...

French central bank ‘Banque de France’ announced some of the results of its experiments with wholesale Central Bank Digital Currencies. Since its launch in March 2020, the bank has carried out a ...

Banking giant JP Morgan and consulting firm Oliver Wyman have released a report which estimated that a full-scale multi-central bank digital currency (mCBDC) could save up to $100 billion in cross-border payments ...

Payments giant Mastercard CEO Michael Miebach has revealed company plans concerning cryptocurrencies at the Q3 financial results briefing on Thursday. He said that the company is ready to focus on providing crypto ...

Nigerian President Muhammadu Buhari has officially rolled out Africa’s first Central Bank Digital Currency eNaira, Nigeria’s official broadcasting station Voice of Nigeria reported today. Built on the technology of the open-source blockchain ...

Hedera Hashgraph, a developer of distributed ledger technology, announced on the 11th that it has partnered with US fintech company EMTECH to develop an efficient CBDC infrastructure for central banks. As per ...