Kyrgyzstan is pioneering a new era in digital finance by launching its national stablecoin, USDKG. The country has injected $50 million into this innovative asset, backed 1:1 to […]
UAE CBDC Makes History: First Real-World Transaction Completed in Under Two Minutes
The United Arab Emirates (UAE) has taken a crucial step forward in its transition to a digital financial system as its central bank digital currency (CBDC) pilot successfully […]
Italian Banks Back Digital Euro But Advocate for Gradual Cost Allocation
Italian banks have expressed support for the European Central Bank’s (ECB) initiative to introduce a digital euro, but they urge a staggered approach in funding costs. The Italian […]
ECB Targets 2027 for Digital Euro Pilot Launch
The European Central Bank (ECB) has announced plans to launch a pilot program for its digital euro in 2027, contingent on EU lawmakers approving the necessary legislation next […]
Europe Races Ahead with Digital Euro Project in Response to U.S. Stablecoin Advancements
The European Central Bank is pushing forward its digital euro initiative, aiming for a 2025 launch, fueled by the US’s progress on stablecoin regulations. Extensive stakeholder engagement from […]
Bank of Korea to Explore Won-Pegged Stablecoin at Bankers’ Dinner
South Korea’s central bank, the Bank of Korea (BOK), is gearing up for a major discussion about its plans for a won-pegged stablecoin. Governor Lee Chang-yong will attend […]
Central Banks Explore Blockchain for Monetary Policy
Central banks are venturing into blockchain technology not just because of its trendy status, but because every aspect of their financial ecosystem, from settlement rails to asset custody, […]
New York Fed & BIS Launch Tokenized Project Pine for Modernizing Central Banking
The New York Federal Reserve and the BIS Innovation Hub launched Project Pine, a groundbreaking initiative to explore tokenized financial markets, on May 14, 2025. This collaboration signifies […]
ECB Makes Progress on Digital Euro Launch
The European Central Bank (ECB) is actively advancing towards the launch of its Digital Euro, a central bank digital currency (CBDC). The ECB aims to modernize the European […]
Ripple CTO Addresses Speculation on XRP’s Value Across Ledger Environments
In a public video shared by Crypto influencer RipplePumpkin, Ripple’s CTO David Schwartz directly addresses concerns about potential discrepancies in XRP value between its public and private ledgers. […]