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Tag: CBDC

Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch

Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive...

SBF Extradited & Russia to Legalize Crypto Payments – News Roundup

This last week in crypto saw SBF agree to be extradited to the US, Russia legalizing crypto payments for international trades and South Korea...

As Financial Surveillance Intensified In 2022, Bitcoin Is Needed By Individuals And Nations Alike

This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate who was recognized by Fast Company magazine as one of South Africa’s...

LBank Welcomes Nigeria’s Push to Recognize Crypto as Investment Capital

Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why this matters:...

Economic frailty could soon give Bitcoin a new role in global trade

The chaos we’ve experienced in global markets this year — global geopolitical upheaval magnified by the confluence of broken supply chains, inflation and heavy...

Australia Accelerates Crypto Adoption Plans Ahead Of 2023

Advertisement &nbsp &nbsp The Department of Treasury, the Australian Government ministerial department responsible for economic policy, fiscal policy, market regulation, and budgeting, announced that...

RBI Executive Director Backs Digital Rupee as India Pushes For CBDC

12 hours ago | 2 mins read Altcoin News Choudhary argues that the pressing...

First Mover Asia: Bitcoin, Ether Hold On as U.S. Stocks Fall

While the Central Bank of Indonesia sees some negative parts to crypto, such as the ability for it to operate as a "shadow central...

India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned

The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies,...

OpenCBDC to process 1.84M transactions per second as Boston Fed, MIT collab is complete

The Federal Reserve Bank of Boston and MIT announced on Dec. 22 that their CBDC research effort, Project Hamilton, is now...

Nigeria, Turkey, India, Have Largest Adult Population Trading Crypto

More than half of Nigeria and Turkey’s adult populations trade cryptocurrency monthly. India has 300 million people in crypto, representing 29% of India’s adult...

ECB publishes new digital euro report, rollout decision in fall 2023

The European Central Bank (ECB) has published its second report on the feasibility of launching a digital euro.It updates the progress...

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