Central Bank Digital Currency

eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth
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24 August, 2022

eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth

The eNaira adoption has been lackluster, with the total transaction volume over the past year being just a fraction of...
Australia to carry out token mapping ahead of digital assets consultation
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24 August, 2022

Australia to carry out token mapping ahead of digital assets consultation

Australia is seeking to regulate its digital assets market through token mapping in a bid to protect consumers and reduce...
Consortium to carry out first private digital sterling initiative in UK
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23 August, 2022

Consortium to carry out first private digital sterling initiative in UK

The United Kingdom will become a testbed for the adoption of the first privately-led digital sterling program, paving the way...
FedNow is a better alternative to a CBDC, Federal Reserve governor says
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22 August, 2022

FedNow is a better alternative to a CBDC, Federal Reserve governor says

Governor Michelle Bowman says that FedNow will address the issues that many Fedcoin fans have raised, reiterating her long-held anti-CBDC...
CBDCs key to maintaining monetary system in digital age: ECB research
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22 August, 2022

CBDCs key to maintaining monetary system in digital age: ECB research

Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also...
China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan
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21 August, 2022

China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan

The product is coming first to the city of Chengdu and will be developed by the Digital Research Institute, the...
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