Bolivia is set to revolutionize its financial landscape with the launch of a Central Bank Digital Currency (CBDC). Dubbed ‘virtual boliviano’, this groundbreaking initiative aims to streamline international […]
Treasury Secretary Slams Federal Reserve’s CBDC Proposal
US Treasury Secretary Scott Bessent has strongly opposed the Federal Reserve’s Central Bank Digital Currency (CBDC) initiative, emphasizing his commitment to private digital asset development. He views the […]
ECB Wraps Up Digital Euro Preparation Phase, Testing for Potential Launch
The European Central Bank (ECB) is wrapping up testing for its digital euro project, involving 70 global organizations. This final phase focuses on evaluating simulation outcomes before the […]
COTI, QNT, HBAR, and KIMA Partner with ECB for Digital Euro Project
The European Central Bank (ECB) has selected COTI, Quant Network (QNT), Hedera Hashgraph (HBAR), and Kima Network (KIMA) to participate in its pilot project for a digital euro. […]
Mark Carney Re-elected: Canada’s PM Defeats Pro-Bitcoin Candidate Amidst Crypto Policy Concerns
Canadian Prime Minister Mark Carney has been re-elected, defeating the pro-Bitcoin candidate Pierre Poilievre. Carney, known for his skepticism of Bitcoin, emphasizes its lack of stability as a […]
Open Source Blockchains Power CBDC Development Across the Globe
The use of open-source blockchains is accelerating Central Bank Digital Currency (CBDC) development globally, with key initiatives being tracked as of April 2025. This trend reflects a focus […]
Russia Delays Digital Ruble Launch to 2026, Focusing on Pilot Testing
The Russian Central Bank has shifted its timeline for the launch of the digital ruble (eDR), pushing it back to 2026. This decision comes after a comprehensive pilot […]
South Korea’s Central Bank Sets Course for Stablecoin Regulation
In a bid to safeguard financial stability, South Korea’s central bank is gearing up to actively participate in the development of stablecoin regulations. The move aims to minimize […]
ECB Forecasts 50% Digital Euro Adoption Could Reshape European Currency Landscape
The European Central Bank (ECB) predicts a significant shift in how Europeans handle money with the launch of its digital euro, potentially replacing up to 50% of physical […]
Kyrgyzstan Legalizes CBDC, Approves Digital Som as Official Currency
Kyrgyzstan’s president recently signed legislation authorizing the development of a central bank digital currency (CBDC), granting legal tender status to the digital som. This move marks a significant […]
Belarus to Launch Digital Ruble By 2026, Aimed at Boosting Digital Transactions
Belarus’ central bank has announced plans to launch its digital ruble in the latter half of 2026. This ambitious initiative aims to integrate cryptocurrencies into mainstream finance, becoming […]
Kyrgyzstan Legalizes CBDC, Sets Stage for Digital Currency Pilot Program
The Kyrgyz Republic has taken a significant step towards embracing digital finance by granting legal status to its proposed central bank digital currency (CBDC), the ‘digital som’. This […]
Kyrgyzstan Embraces CBDCs: Launches Digital Som Pilot Project
Kyrgyzstan has taken a bold step forward by implementing its own Central Bank Digital Currency (CBDC) dubbed the ‘digital som’. This pilot project marks a significant leap towards […]
Kyrgyzstan Enacts Legal Framework for Digital Currency Implementation
Kyrgyzstan has taken a significant step towards the implementation of its Central Bank Digital Currency (CBDC), dubbed the ‘digital som’. The country’s legal framework, outlining the future launch […]
Kyrgyzstan Legalizes Digital Som as Central Bank Digital Currency (CBDC)
Kyrgyzstan has taken a significant step towards embracing digital finance by enacting legal legislation that establishes the digital som as a legal tender within its currency framework. The […]