CBDC
India’s Digital Rupee CBDC Pilot Expands to Over 50,000 Testers
India's digital rupee CBDC pilot expands to over 50,000 testers. Rabi Sankar wants the process to happen gradually and slowly. Data obtained from the digital…
China Could Be A Catalyst For Crypto Market In 2023
Crypto influencer believes that the opening of the Chinese economy would benefit the crypto market. China recently announced the launch of the National Blockchain Technology…
BIS Official Predicts Crypto Recovery Amid Global CBDC Expansion
BIS Innovations head, Cecilia Skingsley says the crypto industry will learn from recent failures and develop new things. Skingsley expects the new wave of CBDCs…
India Gets Huge CBDC Push With Retail Giant Reliance
India’s largest retail chain Reliance has started accepting the country’s retail CBDC. The Digital Rupee will soon be accepted in 17,000 stores across the country.…
China’s Changsha Claims Over 300,000 Merchants Accepted Digital Yuan
Changsha said that its residents have processed over 53.25 million digital yuan transactions. Changsha was introduced to the digital yuan pilot program in April 2021.…
Cardano Rides With Bulls, Will It Break Beyond $0.4 Region?
ADA is currently priced at 0.3826 during the reporting time. ADA almost touched the regions of $0.4. The RSI shows that ADA might face an…
Bitcoin Soars to $37K in Nigeria as Apex Bank Enforces Digital Cash
BTC costs 17.2 million NGN, equivalent to $37,450 by the official exchange rate. Ethereum costs 1.1 million NGN, equivalent to $2,575, instead of the global…
Montenegro to Join Hands with Ripple to Develop CBDC
Montenegro Prime minister announced CBDC pilot project in collaboration with Ripple. The CEO of Ripple and Vice President James Wallis met with the nation’s Prime…
Cross-Border CBDC Payment System Announced by Chinese Blockchain Firm
Chinese blockchain firm develops new CBDC payments system. The new platform will not allow any decentralized cryptos. There has been no mention of China’s own…
Ukraine Deputy Prime Minister Wants to Receive Salary in CBDC
Mykhailo Fedorov said he hopes to be the first to receive a salary in the CBDC. The deputy prime minister noted that crypto was instrumental…
