Central Bank Digital Currency

PBoC: 10% of Chinese citizens have used digital yuan with $10B in transactions
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9 November, 2021

PBoC: 10% of Chinese citizens have used digital yuan with $10B in transactions

The Chinese central bank revealed the figures at a recent event, adding that there are now 10 million corporate accounts...
After initial glitches, eNaira gains traction in Nigeria
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4 November, 2021

After initial glitches, eNaira gains traction in Nigeria

The eNaira was launched by President Muhammad Buhari, and after a few glitches, it’s starting to gain traction as more...
ECB welcomes 30 members to new digital euro advisory group
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2 November, 2021

ECB welcomes 30 members to new digital euro advisory group

Appointed members of the Digital Euro Market Advisory Group will advise on matters relating to the development of a digital...
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...
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