Central Bank Digital Currency

South Korea hints at future CBDC in new financial report
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25 July, 2023

South Korea hints at future CBDC in new financial report

South Korea joins the growing list of countries exploring CBDCs, with its central bank unveiling plans to study and possibly...
Federal Reserve nears FedNow Service rollout but clarifies it has no links with CBDCs
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25 July, 2023

Federal Reserve nears FedNow Service rollout but clarifies it has no links with CBDCs

The Federal Reserve has yet to decide on rolling out CBDCs, stating that it will require congressional approval to launch...
Nigeria’s central bank upgrades eNaira with NFC, programmability features
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22 July, 2023

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Joseph Angaye, deputy director of the Central Bank of Nigeria’s risk management department, disclosed that the CBN will continue to...
India’s HDFC bank onboards 100,000 users for digital rupee pilot
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21 July, 2023

India’s HDFC bank onboards 100,000 users for digital rupee pilot

HDFC, India's largest private sector bank, has also onboarded 170,000 merchants as India seeks to hit a million daily transactions...
Russia passes CBDC legislation as digital ruble pilot prepares for takeoff
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20 July, 2023

Russia passes CBDC legislation as digital ruble pilot prepares for takeoff

The CBDC bill, supporting the creation of a digital ruble pilot, amended certain parts of the Russian civil code and...
India unveils plans to trigger increased CBDC adoption
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16 July, 2023

India unveils plans to trigger increased CBDC adoption

India explores other use cases of CBDCs in an attempt to achieve a record of one million daily transactions, with...