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…
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CBDC
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…
Myanmar’s government intends to launch its own digital currency
According to a spokesperson of the State Administration Council, the military government intends to establish a digital currency to facilitate local transactions…
Millicent received funding from the British government
Millicent is the first startup to gain support from the UK government for CBDCs and stablecoins.Millicent, situated in the United Kingdom, has been funded by…
Visa And ConsenSys To Collaborate On CBDC Projects
Visa, the world's largest payment network, has partnered with ConsenSys to facilitate the development of CBDCs.Currently, most central banks and commercial…
Jerome Powell Argues Stablecoins Can Coexist With CBDCs
The hearing of Jerome Powell, who is seeking another term as head of the Fed, took place in the United States last week. During the event, he spoke about CBDCs,…
Jamaica’s Central Bank Completes CBDC Trial
Central banks around the world are exploring the use of digital currencies in an effort to reduce financial costs and increase efficiency. To do this, these…