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Tag: CBDC

SAMA is Ramping Up Its Research into Central bank digital currencies

The Saudi Arabian Monetary Authority (SAMA) is stepping up its investigation into central bank digital currencies (CBDCs), although it has not yet disclosed any...

The U.K. government is recruiting for a head to its central bank digital currency project

The economic and financial ministry of the United Kingdom’s government, known as His Majesty’s Treasury, is in the process of hiring a head of...

Will Genesis meet its maker amid creditors closing in?

In this issueGenesis: End times?FTX: From the ashesDigital yuan: Smart moneyFrom the Editor’s DeskDear Reader,It’s ironic that one of the main attributes the digital...

KSA Injects Nitro on CBDC Study. Plans to Rely Less on Oil

Saudi Central Bank is intensifying its study of Central Bank Digital Currencies (CBDCs) SAMA collaborates with local fintech that focuses on domestic CBDC...

The global crypto meltdown: Is it the end or just a new start?

Cryptocurrency, volatility and the risks therein. What’s crypto’s long-term viability, including the impact of decentralised finance (DeFi). Are...

China Unveils Ripple’s Competitor for Stablecoins and CBDC Payments

Advertisement &nbsp &nbsp The developers of UDPN describe it as equivalent to SWIFT. Some of the major banks expected to participate in the pilot...

India’s CoinDCX exchange says crypto tax rules are reducing government revenue

Forkast spoke with Sumit Gupta, co-founder and chief executive of CoinDCX, India’s first crypto unicorn, for an update on developments. He said the budget...

Chinese Project to Bridge Gap Between CBDCs and Stablecoins

A Hong Kong blockchain company has launched a new digital payment method. This method is anticipated to bridge the gap between stablecoins and...

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The...

CBDCs Could ‘Revolutionize Global Financial Systems’: Report

At least 114 central banks—representing 58% of all countries, which further generate 95% of global GDP—are now exploring Central Bank Digital Currencies (CBDCs), up...

Georgia All Set to Launch Pilot Test Phase of Digital Lari This Year

2 hours ago | 2 mins read Altcoin News The NBG had planned to begin testing the CBDC in 2022. Initially, it...

Bank of America: ‘Digital Currencies Appear Inevitable’

Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s...

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