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Central Bank Of Nigeria Gearing Up to Conduct CBDC Pilot Tests Before 2021 Ends

Rakiya Mohammed, an IT specialist at the Central Bank of Nigeria (CBN), reportedly disclosed the bank’s initiative to invest resources in the roll-out of a CBDC nationwide. Specifically, Mohammed...

| Jun 13, 2021 18:29

BIS Teamed Up With France and Switzerland’s Central Banks to Work On Cross-border CBDC Initiative

The Bank of France and the Swiss National Bank have reportedly formed an alliance with the Bank for International Settlements’ Innovation Hub, to conduct testing for a CBDC system, called “Project...

| Jun 11, 2021 13:26

Ghana Making Big Strides Towards Becoming First African Nation to Release A CBDC

The Bank of Ghana (BoG) has reportedly taken important strides towards rolling out a central bank digital currency (CBDC) experiment. Specifically, Ernest Addison, governor of the country’s central...

| Jun 06, 2021 12:37

OKex to Integrate With Brazil’s Official Fast Payments Network PIX, As CBDC Development Strides

More and more high-profile offshore crypto exchange platforms are reportedly utilizing Brazil’s instant payments infrastructure, PIX. Specifically, May 28th saw OKEx disclosed details of a...

| May 30, 2021 17:11

Sweden Making Strides Towards Its E-krona CBDC Pilots

Sweden has reportedly achieved additional progress regarding the development of its own central bank digital currency (CBDC), dubbed the e-krona. Specifically, the Sveriges Riksbank, the central bank...

| May 29, 2021 16:48

Bank of Indonesia Became Latest Central Bank to Join the CBDC Development Race

The Bank of Indonesia has reportedly hopped on the CBDC train, becoming the most recent global central bank to initiate state digital currency plans, during a significant surge in local digital...

| May 26, 2021 11:10

US Has to Stay Ahead In CBDC Race to Keep Dollar’s Global Reserve Currency Status, Federal Governor Claimed

The Federal Reserve Governor reportedly believed that America needs to be in the leading position, regarding the development of CBDC, in order to reinforce the U.S. dollar’s current stance as a...

| May 26, 2021 11:01

US Fed, OCC and FDIC Collaboratively Working to Roll Out Interagency Team For Crypto Regulations

US-based, high-profile financial regulating agencies are reportedly having plans down their pipeline to set up an interagency team, devoted exclusively to crypto-associated business. Specifically,...

| May 21, 2021 10:03

Georgia’s Central Bank Looking to Release ‘Digital Gel’ CBDC

The National Bank of Georgia reportedly claimed that it is having plans down its pipeline to roll out a central bank digital currency (CBDC). Specifically, the central bank reportedly dropped a few...

| May 07, 2021 10:57

Kazakhstan Plans to Study Perks & Risks Of CBDC, Opening Public Consultation

Kazakhstan’s central bank is reportedly having plans to carry out examinations of the possible advantages and risks regarding the adoption of a state-backed digital currency. Particularly, The...

| May 07, 2021 10:33