CBDC

The Bank of Korea (BOK) is evaluating the potential launch of a Won-backed stablecoin with a cautious but forward-looking approach to digital currencies. BOK’s Governor Rhee Chang-yong emphasized that any...

Kazakhstan President Kassym-Jomart Tokayev has announced the launch of a national trials zone dedicated to cryptocurrency use and blockchain integration. The project will be developed in the country’s Alatau region....

XRP continues to stir community interest as debate flares over its relevance in a future financial system featuring private bank ledgers and Central Bank Digital Currencies (CBDCs).  This ongoing discussion...

The Bank of Korea (BOK) will soon begin a three-month trial program for its central bank digital currency (CBDC), dubbed “Hangang.” Scheduled to start in April, this test aims to...

Bitcoin maxi Pierre Rochard has continued his attack on Ripple, this time accusing the fintech company of supporting the creation of CBDCs. In his latest post, Rochard shared evidence of...

The Swiss National Bank (SNB) remains cautious toward crypto assets, citing their limitations and volatility. According to a Reuters report, SNB Chairman Martin Schlegel highlighted the challenges that digital assets...

South Korea is launching a CBDC pilot project with plans to use central bank digital currencies for education and welfare vouchers. This initiative is a collaboration between the Ministry of...

SWIFT will be used by banks across North America, Asia, and Europe to conduct live trials of digital asset and currency transactions. This move signals growing mainstream adoption of digital...

The North Carolina General Assembly has passed a bill restricting the state’s adoption of the United States Federal Reserve-issued central bank digital currency (CBDC). This came after the state Senate...

The Hong Kong Monetary Authority (HKMA) launched the Ensemble Project Sandbox today, reflecting the city’s push towards tokenizing traditional financial and real-world assets. Local sources report the first phase of...

Ripple CTO David Schwartz faced backlash on X for his support of CBDCs, igniting a debate on free speech and the role of central bank digital currencies. CBDC critics argue...

XRP, Ripple’s native coin, is capturing attention once again. Prominent figures who previously dismissed it are now forecasting significant potential for the cryptocurrency. Scott Melker, known as “The Wolf of...

COTI, a blockchain network focused on payments, has been selected by the Central Bank of Israel to participate in its Central Bank Digital Currency (CBDC) pilot project. This collaboration places...

Former President Donald Trump’s recent support for cryptocurrency is gaining favor among some Republicans, according to a Paradigm-sponsored poll conducted by Echelon Insights. The poll indicates that 13% of Republicans...

A famous crypto personality, Armando Pantoja, has highlighted Ripple’s growing expansion, citing the potential XRP adoption by Thailand, as noted in a recent letter by Ripple. According to Pantoja, it...

Former President Donald J. Trump is again leveraging cryptocurrency in his 2024 campaign, vowing to “end Joe Biden’s war on crypto” and ensure Bitcoin’s future is “made in America.”  This...

A new survey by the Bank for International Settlements (BIS) reveals growing interest among central banks in exploring Central Bank Digital Currencies (CBDCs), with a majority of respondents favoring wholesale...

In a major development, Saudi Arabia has joined mBridge, a central bank digital currency (CBDC) initiative focused on international trade. The Saudi Arabian central bank, SAMA, aims to build a...

Donald Trump has promised to support Bitcoin and cryptocurrency if re-elected. Trump said he would not allow the U.S. to create a CBDC. The former president promised to commute Ross...

According to reports, the Chinese government is investigating its most pro-blockchain official, Yao Qian, for suspected law violations. Although the specific reasons behind the investigation are yet to be known,...

Cantor Fitzgerald LP’s CEO is bullish on asset tokenization and stablecoins. Howard Lutnick believes that stablecoins can benefit the US economy. Lutnick also voiced concerns about central bank digital currencies...

The Central Bank of the UAE (CBUAE) has commenced the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy. The bank launched the program with G42 Cloud and R3...

A recent study by the Atlantic Council found that 134 countries, representing 98% of the global economy, are exploring digital versions of their currencies. Over half of these countries are...

Trump challenges CBDC implementation, stressing risks to financial freedom and fear of increased government control. Despite past skepticism, Trump’s significant investment in cryptocurrencies suggests a changing perspective on digital assets....

The ECB President Christine Lagarde revealed that her son has lost about 60% of his investments in cryptocurrencies. Lagarde asserted that though her son disregarded his warnings against crypto, he...