Central Bank Digital Currency
UK’s CBDC advances with creation of sandbox-like laboratory
In its CBDC progress update, the Bank of England announced the creation of a Digital Pound Lab, which works similar...
Russia’s largest lender Sberbank joins CBDC pilot
Sber was excluded from the first pilot in August 2023 but joined the latest batch, with the largest digital bank,...
Jordan eyes blockchain tech for gov’t operations
Jordan plans to use blockchain for government operations. In other news, SCER has proposed the legalization of Bitcoin in Syria,...
India: RBI to credit officers’ reimbursements into CBDC wallets
Eager to prevent the digital rupee's further decline in usage due to stiff market competition, the RBI is piloting an...
E-rupee set for broader adoption as cloud facility gathers steam
The e-rupee is forecast to gain massive adoption in the cross-border payments sector in 2025. Meanwhile, businesses can expect more...
Russia’s CBDC faces opposition; T-Bank dabbles in tokenization
Consumer-to-business payments will be free over the next year, while B2B and C2C payments will be free permanently. Banks say...
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