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Search Results for: central bank digital currency

Spanish central bank unveils partners for wholesale CBDC pilot
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11 January, 2024

Spanish central bank unveils partners for wholesale CBDC pilot

Acknowledging the potential of state-backed digital currencies, Spain pushes through with its initiative to develop its wholesale CBDC infrastructure and...
Nigerian banks to launch naira-pegged stablecoin cNGN in February
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8 January, 2024

Nigerian banks to launch naira-pegged stablecoin cNGN in February

The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central bank, and...
European Central Bank seeks feedback on latest draft of digital euro rulebook
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8 January, 2024

European Central Bank seeks feedback on latest draft of digital euro rulebook

The ECB Rulebook Development Group report provides an insight into the technical aspects of the European Union’s central bank digital...
Indonesia’s central bank eye CBDC trial for 2024
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5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...
Eastern Caribbean Central Bank prepares for commercial deployment of CBDC
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4 January, 2024

Eastern Caribbean Central Bank prepares for commercial deployment of CBDC

Following a lengthy pilot of its state-backed digital currency, the Eastern Caribbean Central Bank is preparing for the commercial deployment...
eNaira low adoption pushes Nigerian banks to develop stablecoin
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3 January, 2024

eNaira low adoption pushes Nigerian banks to develop stablecoin

The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception, but would...
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