South Africa has decided to postpone the development of a retail central bank digital currency (CBDC) due to robust existing payment systems and ongoing global shifts in financial […]
South Africa Delays Retail Central Bank Digital Currency (CBDC) Launch
The South African Reserve Bank (SARB) has announced a delay in the development of a retail Central Bank Digital Currency (CBDC). Despite its technical feasibility, the SARB sees […]
BIS Appoints Digital Currency Expert to Head Innovation Hub
The Bank for International Settlements (BIS) has appointed Tommaso Mancini-Griffoli, a leading global authority on digital currencies, as head of its Innovation Hub starting March 2026. His tenure […]
BIS Appoints Digital Currency Expert as Head of Innovation Hub
The Bank for International Settlements (BIS) has announced a major appointment in its innovation hub, naming Tommaso Mancini-Griffoli as the new leader. This strategic move signifies the growing […]
Czech National Bank Invests in Bitcoin for Exploratory Purposes
The Czech National Bank (CNB) recently acquired a small amount of Bitcoin, valued around $1 million. This move has sparked discussion about the potential shift in central bank […]
UAE Pioneers Digital Currency Transactions: First Government Payment Using Digital Dirham
In a major step forward for the digital economy, the UAE has successfully conducted its first transaction using the Central Bank of the UAE’s Digital Dirham (eDirham). This […]
UAE’s Digital Dirham Pilot Completes First Transaction
The United Arab Emirates has taken a significant step forward in its digital currency initiative. The first transaction using the UAE’s central bank digital currency (CBDC) known as […]
Indonesia Launches Bond-Backed Digital Rupiah for Financial Market Stability
Indonesia’s central bank, Bank Indonesia, has taken a significant step forward in financial innovation by launching a digital rupiah backed by government bonds at the Digital Finance and […]
Indonesia Sets Stage for Phased Digital Rupiah Launch by 2030
The Bank of Indonesia is preparing to launch a digital version of the Indonesian Rupiah by 2030, commencing with phased testing from 2025. This project, led by Governor […]
How Central Bank Digital Currencies Could Transform Banking
Central Bank Digital Currencies (CBDCs) are capturing attention in finance as they hold the potential to fundamentally alter how we handle money. Their implications for traditional banking institutions […]
Unlocking Security: Navigating the Challenges of CBDCs
Central Bank Digital Currencies (CBDCs) are poised to reshape financial transactions, but their implementation requires addressing critical security concerns. Blockchain technology forms the foundation for CBDCs, offering a […]
Indonesia Launches National Stablecoin Backed by Government Bonds
Bank Indonesia is paving the way for a new era in digital finance with the launch of a national stablecoin backed by government bonds (SBN). This initiative, a […]
Kyrgyzstan Embraces Blockchain Revolution with National Stablecoin & CBDC Launch
In a groundbreaking move, Kyrgyzstan is paving the way for a future powered by blockchain technology. The nation officially launched its national stablecoin on the BNB Chain and […]
Kyrgyzstan Embraces Blockchain: Launches Stablecoin, Plans CBDC
Kyrgyzstan is taking bold strides towards integrating blockchain technology into its financial system. The nation has launched a new stablecoin pegged 1:1 to the Kyrgyzstani som, alongside plans […]
Stablecoins: A Mirror Image of Central Bank Digital Currencies?
A leading voice in the blockchain world, Sentinel Global founder Kranz, warns that stablecoins could be more akin to private versions of Central Bank Digital Currencies (CBDCs) than […]