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Central Bank Digital Currency

Iran moves ahead with CBDC development after completing pre-pilot phase

Business

Wahid Pessarlay

10 March, 2023

Iran moves ahead with CBDC development after completing pre-pilot phase

The Central Bank of Iran revealed that the pre-pilot phase skimmed through legal, regulatory, and technological implications for an Iranian...

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

Business

Wahid Pessarlay

9 March, 2023

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

The Bank for International Settlements’ "Project Icebreaker" project delved into the benefits and risks of launching retail central bank digital...

Brazil’s digital real makes its debut on a public blockchain

Business

Wahid Pessarlay

9 March, 2023

Brazil’s digital real makes its debut on a public blockchain

The experiment was conducted by digital currency exchange Mercado Bitcoin and Stellar protocol designed to promote low-cost and real-time settlement...

India considers offline functionality of CBDC: RBI

Business

Wahid Pessarlay

8 March, 2023

India considers offline functionality of CBDC: RBI

Reserve Bank of India Executive Director Ajay Kumar Choudhary said that since the CBDC will have all features of physical...

China’s digital yuan sees dismal adoption in Hong Kong

Business

Steve Kaaru

7 March, 2023

China’s digital yuan sees dismal adoption in Hong Kong

Despite a renewed push by the Chinese central bank to woo users in Hong Kong, only 625 hard wallets were...

South Dakota amendment proposal prohibits use of digital currency as money

Business

Wahid Pessarlay

7 March, 2023

South Dakota amendment proposal prohibits use of digital currency as money

If the proposed bill fulfills the legislative requirements, the amendments are expected to come into effect on July 1, 2024.

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16 Sep 2025

Central Bank Digital Currency

Iran moves ahead with CBDC development after completing pre-pilot phase

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

Brazil’s digital real makes its debut on a public blockchain

India considers offline functionality of CBDC: RBI

China’s digital yuan sees dismal adoption in Hong Kong

South Dakota amendment proposal prohibits use of digital currency as money

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