The United Kingdom’s financial landscape is undergoing a significant shift as the Bank of England launches a new project: the digital pound. This announcement marks a crucial step […]
House Introduces Ban on Fed’s Potential Digital Currency
In a significant development impacting the future of digital currencies, the U.S. House of Representatives has included a ban on the Federal Reserve’s (the Fed) potential central bank […]
EU Explores Digital Euro on Public Blockchains: Reshaping Financial Landscape
The European Central Bank (ECB) is exploring issuing a digital euro on public blockchains like Ethereum and Solana, signaling a significant shift in Central Bank Digital Currency (CBDC) […]
House Passes Anti-CBDC Provision in NDAA, Restricting Federal Reserve’s Digital Currency Issuance
The U.S. House of Representatives has incorporated an “Anti-CBDC Surveillance Act” into the National Defense Authorization Act (NDAA), effectively preventing the Federal Reserve from issuing Central Bank Digital […]
Digital Euro Key for Stablecoin Compliance, Says Italian Central Bank Governor
Fabio Panetta, the Governor of the Bank of Italy and former European Central Bank (ECB) official, emphasizes that Europe’s crypto stability relies heavily on a central bank digital […]
South Korea Targets $247 Billion Stablecoin Market with New Digital Token
The South Korean central bank has announced a bold initiative to address rising outflow of capital from the country’s cryptocurrency market. The Bank of Korea aims to integrate […]
South Korea’s Bank Unveils Ambitious Blockchain Plan for Deposit Tokens
The Bank of Korea (BOK), South Korea’s central bank, has announced ambitious plans to explore integrating public blockchain technology with its deposit tokens. This move signals a significant […]
South Korea Considers Central Bank Token Integration into Public Blockchain
South Korea’s central bank is exploring innovative ways to incorporate central bank-issued deposit tokens within public blockchain systems, as Vice Governor Lee Jong-ryeol announced at the ‘Blockchain Leaders […]
CZ Recommends Bitcoin and Binance Coin for Kyrgyzstan’s Crypto Reserve
Changpeng Zhao, former CEO of Binance, has offered his guidance to Kyrgyzstan’s National Crypto Committee, recommending that the reserve include both Bitcoin and Binance Coin. This recommendation follows […]
CBDCs: A Technological Costly Imitation, Not Fintech Success
Despite global CBDC initiatives not failing, their potential as a disruptive financial technology has been largely unfulfilled, according to Olga Goncharova, CEO of Rizz Go and former Binance […]
ECB Unveils Digital Euro Plan, Aims for 2025 Launch
The European Central Bank (ECB) has officially announced its intention to issue a digital euro by 2025, with the goal of phasing out traditional banknotes across Europe. This […]
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 and Russia Partner on Cross-Border CBDCs
Belarus and Russia are forging a collaboration to implement a cross-border digital currency framework, with the initiative led by the National Bank of the Republic of Belarus. This […]
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 […]