CBDC
RBI Announces First Pilot Study For ‘Retail’ Digital Rupee
RBI has announced the launch of the first pilot for the retail digital rupee on Dec 1.Eight banks have been selected to act as an…
India To Roll Out Retail Pilot Program for Digital Rupee
Peter Schiff took to Twitter to report that the RBI will roll out a retail pilot program for the digital rupee.The Federal Reserve authorities launched…
NYFed and MAS To Bring Cross-border Payments via Wholesale CBDCs
NY Fed and MAS’s Project Cedar x Ubin+ explore wholesale central bank digital currencies (wCBDCs).Project Cedar Phase II x Ubin+ will offer insight into the…
David Chaum Introduces CBDC Technology that Protects Privacy
David Chaum introduced CBDC technology to enhance privacy.CBDC may take over as the industry standard for crypto transactions.The CBDC can prevent tracking down the unlawful…
Korean Apex Bank Completes Two Testing Stages for its CBDC
Korean central bank tested a program that facilitates cross-border payment via CBDC.It also confirmed that offline CBDC translation was possible.Previously, India released a report for…
Hong Kong’s Crypto Industry Draws In Mainland China Businesses
Crypto businesses in Mainland China are considering moving to Hong Kong.Hong Kong regulators are implementing measures to promote cryptocurrency use.Regulators in Hong Kong are looking…
Zimbabwe Learns Lesson From Nigeria’s eNaira for Its CBDC Plans
As per the Deputy Governor, Zimbabwe is preparing to introduce a digital currency.Matshe called eNaira’s slow adoption a learning point for Zimbabwe.Zimbabwe sent teams to…
Reserve Bank of India Launches Digital Rupee on November 1
Pilot Central-Bank-backed Digital Rupee to be launched by Reserve Bank of India.It will be used to settle secondary market transactions in government securities.Nine banks including…
Nigerian Digital Currency Approaches Nation’s Taxi Operators
Nigeria’s Central Bank reaches out to taxi operators for the adoption of digital currency.Regulators scrutinize Nigerian digital currency eNaira.Those using e-Naira get a 5% discount…
US Central Bank Governor Skeptical of CBDC, “Not a Big Fan” of It
The US central bank head opposes digital currency issuance.He dismissed the idea as a ‘mere checking account at the Fed.Previously, India released a report for…
