Central Bank Digital Currency

UAE records first digital dirham transaction via mBridge CBDC
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4 February, 2024

UAE records first digital dirham transaction via mBridge CBDC

The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China at the...
Huawei’s new operating system supports digital yuan transactions
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3 February, 2024

Huawei’s new operating system supports digital yuan transactions

Huawei's HarmonyOS Next will offer "atomicity," a key feature of central bank digital currencies (CBDCs) designed to allow instant settlement...
Digital yuan trials included in 5-year modernization plan for Shanghai district
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2 February, 2024

Digital yuan trials included in 5-year modernization plan for Shanghai district

Chinese authorities have confirmed a modernization plan for Shanghai's Pudong New Area, focusing on establishing a new commercial hub and...
How CBDCs and stablecoins could impact monetary policy: Fed report
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1 February, 2024

How CBDCs and stablecoins could impact monetary policy: Fed report

While TradFi has built a reputation that could withstand the test of time, CBDCs and stablecoins are making a name...
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...
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