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Search Results for: central bank digital currency

Central Bank of Nigeria greenlights use of CBDC for international remittances
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27 June, 2023

Central Bank of Nigeria greenlights use of CBDC for international remittances

International money transfer operators are expected to apply for a one-time license to pay out funds in the eNaira, with...
ECB updates digital euro approach for financial inclusion
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26 June, 2023

ECB updates digital euro approach for financial inclusion

The European Central Bank intends to achieve financial inclusion through several initiatives, including providing physical digital euro payment cards, in-person...
Wyre is the next digital currency company to shut down
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22 June, 2023

Wyre is the next digital currency company to shut down

Withdrawals in Wyre will be available until July 14, after which there will be a recovery process for the digital...
Slovakia embeds cash usage in constitution amid digital euro fears
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22 June, 2023

Slovakia embeds cash usage in constitution amid digital euro fears

Slovak legislators worry that the digital euro will start out as an alternative but will soon be mandatory, and they...
eNaira faces uncertain future after ousting of Nigeria’s central bank governor
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21 June, 2023

eNaira faces uncertain future after ousting of Nigeria’s central bank governor

Godwin Emefiele was dismissed by the new president 10 days after his administration took over and has been held by...
18 Italian banks collaborate for wholesale CBDC relying on blockchain
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21 June, 2023

18 Italian banks collaborate for wholesale CBDC relying on blockchain

Exploring blockchain payment solutions, the Bank of Italy introduces Project Leonidas, a scheme that 14 local banks will drive in...
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