Swedish Riksbank will conduct trials of quick payments via retail CBDC
The Swedish central bank, Sveriges Riksbank, is working with its Israeli and Norwegian counterparts and BIS to study instantaneous payments via retail…
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CBDC
Iranian CBDC launch set on September 22
By using blockchain technology, the Iranian Rial paper money will be converted into a digital currency called "Crypto-Rial."Previously, the CBI Governor stated:…
People’s Party of Canada founder predicts ‘monetary reset’ and labels…
Maxime Bernier, leader of Canada's People's Party, has proposed resetting the present fiat currency system.Bernier believes the reset is inevitable and must be…
Robert Kiyosaki calls CBDCs ‘spyware’ like TikTok
Robert Kiyosaki, the author of "Rich Dad, Poor Dad", has called CBDCs 'spyware' like TikTok.As a result of the evolution of digital assets such as…
Japan’s central bank rejected CBDC proposals owing to the low public interest
Despite investigating the technical aspects of issuing a central bank digital currency (CBDC) since 2021 and beginning the second phase of experimentation in April,…
Jamaica’s CBDC will launch later this year
According to Natalie Haynes, Deputy Governor of the Bank of Jamaica, the proposed Jamaican CBDCs will benefit a considerable percentage of the financially…
Russia’s central bank allows Sberbank to issue digital assets
Russia's central bank announced Thursday that Sberbank was granted a license to issue and exchange digital assets. It comes just two months after the former called…
CTO of Tether says a CBDC won’t affect the private stablecoin market
Tether's Chief Technology Officer, Paolo Ardoino, said that the development of central bank digital currencies (CBDCs) is unlikely to affect the private stablecoin…
CBDC India is likely to debut later this year
CBDC India is likely to debut later this year. The Reserve Bank of India has been working on the project to introduce a digital currency since 2021.The Finance…
Russia’s second-richest man says CBDC could replace bitcoin
Vladimir Potanin, Russia's second-richest man, believes that CBDC would eventually replace the original cryptocurrency as the market leader in the digital asset…