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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

Bank of Korea Looks For Tech Providers to Jointly Work On Central Bank Digital Currency

South Korea’s central bank is reportedly making progress with its national digital currency plans, with its latest initiative to search for a tech partner to jointly work on a pilot platform for the...

| May 25, 2021 11:41

Central Bank of Bahrain Teamed Up With JPMorgan to Develop Digital Currency Settlement Pilot

The government of Bahrain – ranked 3rd in wealthiest Arab nations – is reportedly collaborating with US-based investment bank JPMorgan Chase to work on a cryptocurrency settlement pilot....

| May 14, 2021 10:37

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

Bank of Russia to Begin Pilot Testing for Its Digital Ruble in 2022

The central bank of Russia is reportedly having plans down its pipeline to initiate pilot testing for its central bank digital currency in 2022, as revealed by a senior executive. Specifically, Bank...

| Mar 25, 2021 14:39

Bank of Japan to Carry Out Testing Phase for Its CBDC in 2021

The Bank for International Settlements (BIS) – with alliance with 7 different banks – reportedly finalized the publishing of its first CBDC-focused report. Specifically, the BIS-written...

| Oct 12, 2020 08:54

ECB President Supports Its Movement Of Creating A Cross border-focused CBDC

Christine Lagarde – head of the European Central Bank (ECB) – has been providing her supportive stance, towards the bank’s progress of designing a new CBDC. Specifically, the bank is...

| Jan 11, 2020 12:25

British Virgin Islands Partnered With Blockchain Firm To Roll Out US Dollar-Pegged Crypto Coin

Blockchain firm LifeLabs has reportedly teamed up with the British Virgin Islands (BVI), in an attempt to introduce a new cryptocurrency with the name BVI~LIFE. Specifically, the cryptocurrency...

| Dec 04, 2019 11:55

Saudi-UAE Leaders Met To Discuss Plan For Their Upcoming Digital Currency

A meeting was held in UAE between 2 royal members of each nation, in an attempt to discuss the possibility of the jointly-issued digital currency plan. Specifically, His Highness Sheikh Mohamed bin...

| Dec 01, 2019 11:05