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Central Bank Digital Currency

5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...

Eastern Caribbean Central Bank prepares for commercial deployment of CBDC

Business

Wahid Pessarlay

4 January, 2024

Eastern Caribbean Central Bank prepares for commercial deployment of CBDC

Following a lengthy pilot of its state-backed digital currency, the Eastern Caribbean Central Bank is preparing for the commercial deployment...

eNaira low adoption pushes Nigerian banks to develop stablecoin

Business

Wahid Pessarlay

3 January, 2024

eNaira low adoption pushes Nigerian banks to develop stablecoin

The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception, but would...

Norway’s fifth round of CBDC trials focuses on wholesale aspects

Business

Wahid Pessarlay

31 December, 2023

Norway’s fifth round of CBDC trials focuses on wholesale aspects

In a 20-page report, the Norges Bank said the likelihood of conducting retail central bank digital currency experiments could be...

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Business

Wahid Pessarlay

30 December, 2023

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Cambodia's Bakong hits an estimated 60% adoption rate as the National Bank of Cambodia expands its collaboration with global financial...

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Business

Wahid Pessarlay

30 December, 2023

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...

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Steve Kaaru

30 Jun 2025

Central Bank Digital Currency

Indonesia’s central bank eye CBDC trial for 2024

Eastern Caribbean Central Bank prepares for commercial deployment of CBDC

eNaira low adoption pushes Nigerian banks to develop stablecoin

Norway’s fifth round of CBDC trials focuses on wholesale aspects

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

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