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CBDC and worldwide crypto standards are recommended by the IMF for financial stability.

The International Monetary Fund (IMF) reportedly issued a series of actionable policies dedicated to the emerging markets and developing economies, to achieve stability in current crypto adoption...

| Oct 03, 2021 16:15

Visa to Introduce “Universal Adapter” Linking Crypto, CBDCs & Stablecoins

International payments heavyweight Visa has reportedly rolled out an initiative with a target of becoming a “universal adapter” of blockchains, linking numerous crypto coins, stablecoins, and...

| Oct 02, 2021 11:04

Ripple Assisting Bhutan In CBDC Piloting Phase

The Royal Monetary Authority of Bhutan is reportedly forming an alliance with Ripple, to carry out the pilot for a central bank digital currency in the mountainous nation. Specifically, Ripple Labs...

| Sep 23, 2021 12:04

Pilots For India CBDC Could Be Available In December, Per RBI Governor

The Reserve Bank of India (RBI) may reportedly begin the preliminary pilot phase for its central bank digital currency (CBDC) prior to when 2021 concludes. Specifically, via his speech with CNBC on...

| Aug 30, 2021 10:08

Bank of Ghana Runs Trial Phase For CBDC Via Partnership With German Securities Printing Entity G+D

The Bank of Ghana (BoG) has reportedly taken additional strides towards the creation of a CBDC, via a newly forged alliance with a currency technology provider from Germany. Specifically, The BoG...

| Aug 12, 2021 11:30

Cambodia Deepdived Into CBDC-like Bakong Application In Cross-border Transactions

The National Bank of Cambodia (NBC) is reportedly putting in extensive efforts to move forward with its CBDC-like project dubbed Bakong, as well as revealing details of numerous project milestones....

| Aug 09, 2021 11:57

Venezuela Rolled Out CBDC in October, With Initiative to Remove 6 Zeros From Its Currency

The Central Bank of Venezuela is reportedly introducing a CBDC in October, together with a monetary redenomination, which aims to reduce six zeros from the currency, because of the rocketing...

| Aug 09, 2021 11:48

New Bill Urged For the Set-up Of Crypto Regulatory & Legal Framework Throughout the Board

A freshly proposed bill by US Rep. Don Beyer of Virginia reportedly suggested an extensive crypto assets-focused regulatory and legal framework throughout the board. Specifically, the bill –...

| Jul 31, 2021 12:21

Ukraine Central bank Granted Official Authorization to Carry Out Digital Currency Issuance

The Ukrainian authority has reportedly made significant strides with its CBDC project, with the National Bank of Ukraine (NBU) obtaining regulatory approval for cryptocurrency issuance. ...

| Jul 31, 2021 12:10

IMF Plans to Increase Supervision Over And Study Into Cryptocurrency

The International Monetary Fund (IMF) is reportedly looking to bring its crypto asset supervision to the next level, as revealed via a published paper. Specifically, the freshly published IMF paper...

| Jul 30, 2021 11:01