Central Bank Digital Currency
Pakistan’s central bank confirms CBDC development, seeks to catch up with industry pioneers
The State Bank of Pakistan’s CBDC pilot is expected to be carried out in stages, roping in the Pakistani commercial...
China eyes cross-border trade with Singapore as CBDC nears $250B transactions
Apart from integrating a new wave of cross-border functionalities in its digital yuan, China is looking to drive adoption rates...
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
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
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
HDFC, India's largest private sector bank, has also onboarded 170,000 merchants as India seeks to hit a million daily transactions...
