Central Bank Digital Currency

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