Central banks around the world are currently undergoing a digital currency revolution with Central Bank Digital Currencies (CBDCs), and by 2025, we’re seeing mixed results. With 134 countries […]
South Africa Delays Retail CBDC Plans While Focus Shifts to Modernization of Payment Systems
South Africa has paused its plans for a retail Central Bank Digital Currency (CBDC). This decision prioritizes upgrades to existing payment systems, which the bank sees as offering […]
South Africa Delays Retail CBDC Implementation: Focus on Wholesale Solutions
In a significant move within the cryptocurrency landscape, the South African Reserve Bank (SARB) has announced it will delay the implementation of a retail central bank digital currency […]
South Africa’s Reserve Bank Prioritizes Modern Payment System Over CBDC Launch
The South African Reserve Bank (SARB) is prioritizing modernization of the nation’s payment system over a potential central bank digital currency (CBDC) rollout in the near term. As […]
South Africa Delays Central Bank Digital Currency Implementation
The South African Reserve Bank (SARB) has ruled out the immediate adoption of a retail central bank digital currency (CBDC). Instead, they advocate focusing on modernizing existing payment […]
Russia Embraces Digital Ruble for Government Finances, Setting Stage for Full Integration
In a major shift towards digitalization, Russia will begin accepting federal budget payments in the form of the digital ruble starting January 2026. This initiative marks a crucial […]
UAE & China Launch New Cross-Border Payment System Using CBDCs
China and the United Arab Emirates have connected their national fast payment systems via a new international platform, enabling real-time cross-border payments between the two countries. The initiative […]
UBS and Ant International Team Up to Explore Tokenized Deposits for Global Payments
UBS has partnered with Ant International, leveraging the latter’s expertise within the Alipay+ ecosystem, to investigate the use of tokenized deposits for real-time cross-border payments and enhanced liquidity […]
Singapore to Pilot Tokenized MAS Bills by 2026
Singapore is launching a pilot project to tokenize its Monetary Authority of Singapore (MAS) bills, with the aim of settling transactions using wholesale Central Bank Digital Currencies (CBDCs) […]
Hong Kong’s Tokenized Capital Market Faces Hurdles
Hong Kong faces significant hurdles in establishing a fully tokenized capital market, according to former Securities and Futures Commission Chairman Leung Ding-bong. Speaking in an interview with Foresight […]
UAE Pioneers Digital Currency Race in the Middle East
The United Arab Emirates (UAE) has taken a groundbreaking leap forward in the development of digital currency. The UAE’s inaugural live Digital Dirham transfer through its mBridge blockchain […]
Kyrgyzstan Launches National Stablecoin, Prepares for Central Bank Digital Currency Rollout
Kyrgyzstan is taking a significant step into the digital currency landscape, launching its own national stablecoin, KGST, on October 25, 2025. The stablecoin is pegged to the Kyrgyzstani […]
UAE’s Digital Dirham CBDC Achieves First Transaction Success
The United Arab Emirates (UAE) has successfully conducted its first transaction using the Digital Dirham, a key milestone in the country’s central bank digital currency (CBDC) pilot program. […]
UAE Successfully Completes First Digital Dirham CBDC Transaction
The UAE has successfully executed the first transaction using its Digital Dirham, a central bank digital currency (CBDC), via the mBridge platform. This milestone, part of a pilot […]
UAE Pioneers Digital Finance with First Government Transaction using Digital Dirham
The United Arab Emirates has taken a historic leap forward in national finance by successfully completing its first government transaction utilizing the Digital Dirham. This groundbreaking move marks […]