
Central Bank Digital Currency
India to explore if digital rupee can reduce government securities trading fees
The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...
China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...
Turkey’s central bank set to launch state-backed digital currency in 2023
Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...
UAE central bank completes CBDC pilot, eyes international usage for cross-border payments
Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
Nigeria resorts to auto rickshaws to drive eNaira adoption
The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing...
Japan’s credit bureau to pilot CBDC cards ahead of full-scale launch
In collaboration with France's IDEMIA and Malaysia's Softspace, the Bank of Japan will pilot a project in preparation for the...
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