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Central Bank Digital Currency

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’
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30 January, 2024

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’

The Bank of England and the U.K. Treasury remain undecided about the necessity of a CBDC in the U.K. but...
Sri Lanka’s central bank mulls CBDC launch before end of 2024
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29 January, 2024

Sri Lanka’s central bank mulls CBDC launch before end of 2024

To revitalize the financial sector, the Sri Lankan central bank pushes for the development of an accessible payment solution and...
Egypt eyes CBDC launch by 2030
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26 January, 2024

Egypt eyes CBDC launch by 2030

Designed to run from 2024-2030, the Central Bank of Egypt is expected to pursue a central bank digital currency pilot...
Jamaica to finance point-of-sale upgrades in CBDC push
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25 January, 2024

Jamaica to finance point-of-sale upgrades in CBDC push

Jamaica needs to upgrade 50,000 point-of-sale machines to handle its JAM-DEX, and the central bank has pledged to fund the...
India’s Web3 industry expects ‘financial proliferation’ of blockchain technology in 2024
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22 January, 2024

India’s Web3 industry expects ‘financial proliferation’ of blockchain technology in 2024

As India warms up to blockchain with the federal government emphasizing its benefits, its Web3 industry experts expect more banks...
Russia pushing pensioners to ‘digital ruble trap,’ economist says
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20 January, 2024

Russia pushing pensioners to ‘digital ruble trap,’ economist says

Alexander Razuvaev says that while it’s being framed as optional, the digital ruble will become mandatory for all pension payments,...
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