Central Bank Digital Currency
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
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
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
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
Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...
India pushes for digital rupee in 2023 as provincial governments explore blockchain use cases
India is shaping to become a major player in the blockchain space, gradually embracing the technology and exploring its endless...
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