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Central Bank Digital Currency

Beijing joins digital currency pilot testing with e-CNY enterprise zone
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2 November, 2021

Beijing joins digital currency pilot testing with e-CNY enterprise zone

An e-CNY enterprise zone is to be launched by the Municipal Administrative Center of Beijing to explore the digital renminbi...
Nigeria rolls out eNaira digital currency to cultivate economic growth
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30 October, 2021

Nigeria rolls out eNaira digital currency to cultivate economic growth

Plans for the digital currency have been ongoing in the last four years and according to CBN Governor Godwin Emefiele,...
Saudi Arabia exploring blockchain and CBDC to reduce cash usage
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29 October, 2021

Saudi Arabia exploring blockchain and CBDC to reduce cash usage

Saudi Arabia Monetary Authority has been active in CBDC research as it seeks to digitize payments, although it has no...
French central bank completes CBDC bonds pilot
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29 October, 2021

French central bank completes CBDC bonds pilot

Working alongside some of the country’s biggest private banks, the Banque de France ran over 500 transactions during the CBDC...
Federal Reserve governor questions need for CBDCs
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28 October, 2021

Federal Reserve governor questions need for CBDCs

The senior official argued that central bank digital currencies are costly and difficult to manage, would deter private-sector innovation, and...
China urges US companies to accept digital yuan
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27 October, 2021

China urges US companies to accept digital yuan

The digital yuan pilot started in Shanghai with 270 McDonald's branches accepting central bank digital currency as payment, although reports...
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