Nirmala Sitharaman, the Minister of Finance for the Indian government, is unsure whether or not blockchain technology can be utilized for assets that may be traded....
The European Central Bank (ECB) will use the digital euro for wholesale transactions, as was disclosed in a recent speech. Fabio Panetta, a member of the...
The International Monetary Fund (IMF), a major lender, has instructed the Kenyan central bank that its proposed digital shilling must “cause no harm” to the current...
In recent years, interest in central bank digital currencies (CBDCs) has been rising across the globe. Even though only a few central banks have implemented a...
Results from the 2021 Bank of International Settlements (BIS) survey on Central Bank Digital Currencies (CBDCs) show that 9 out of 10 central banks are exploring...
Russia officially confirmed that it hopes to have a “digital” rouble ready for international payments by next year and that it also wants to extend the...
According to the Bank of Japan‘s direction on digital yen research, it will investigate the design challenges of a central bank digital currency (CBDC) in small...
China’s digital yuan has been designed for retail transactions rather than to replace the US dollar system, revealed Zhou Xiaochuan, President of the China Society for...
Xinhua News Agency’s affiliate newspaper, Economic Information Daily, Thursday published an op-ed suggesting measures for the further adoption of the digital yuan.
One of the largest financial service provider in the U.S., Depository Trust & Clearing Corporation (DTCC), is working on a project titled- “Project Lithium”, to explore...