Central Bank Digital Currency

BRICS eye stifling US dollar influence with blockchain-based payment system
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9 March, 2024

BRICS eye stifling US dollar influence with blockchain-based payment system

Russia is reportedly banking on the planned blockchain-based payment system to reduce the U.S. dollar's global influence, seeking help from...
Russia’s CBDC pilot hits 25,000 transaction mark
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8 March, 2024

Russia’s CBDC pilot hits 25,000 transaction mark

Seven months after its introduction, Russia's digital ruble pilot has recorded 25,000 transactions, with the upcoming project with fellow BRICS...
Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch
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7 March, 2024

Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch

It will take quite some time before India sees the "full-fledged" launch of its CBDC as the RBI insists on...
Hong Kong to launch stablecoin sandbox in Web3 push
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7 March, 2024

Hong Kong to launch stablecoin sandbox in Web3 push

Hong Kong’s budget revealed the city is expanding its digital yuan pilot testing to allow residents to top up e-CNY...
China warns against fake CBDC app
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6 March, 2024

China warns against fake CBDC app

Scammers are reportedly using fake apps to trick Chinese digital yuan users with promises of dividends before wiping the victims’...
Anti-CBDC bill introduced in US Senate
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1 March, 2024

Anti-CBDC bill introduced in US Senate

The five senators, led by Senator Ted Cruz, claim that a digital dollar is the Biden administration’s attempt to illegally...
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