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Search Results for: central bank digital currency

UK on the hunt for CBDC lead as it ramps up digital pound efforts
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28 January, 2023

UK on the hunt for CBDC lead as it ramps up digital pound efforts

U.K. Treasury is looking for a Head of Central Bank Digital Currency who will lead its work on a potential...
Saudi Arabia’s central bank studying CBDC but mum on deployment date
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28 January, 2023

Saudi Arabia’s central bank studying CBDC but mum on deployment date

Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
Digital Currency Group-owned exchange Luno axes 35% of staff
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27 January, 2023

Digital Currency Group-owned exchange Luno axes 35% of staff

It's estimated that the firm will cut 330 jobs, mostly in its marketing department, giving some insight into how industry...
Universal digital payments network for stablecoins and CBDCs unveiled at Davos
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26 January, 2023

Universal digital payments network for stablecoins and CBDCs unveiled at Davos

Policymakers in Davos for the World Economic Forum (WEF) seized the opportunity to launch a payment network designed to encourage...
East Africa to set up common central bank in its march toward single currency
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25 January, 2023

East Africa to set up common central bank in its march toward single currency

The decision on where to set up the East African Monetary Institute will be made this year, as the region...
China: Upgraded digital yuan now with smart contract function
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24 January, 2023

China: Upgraded digital yuan now with smart contract function

Digital yuan's smart contract functionality was integrated into the food delivery app Meituan, allowing users of the digital yuan to...
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