CBDC

The Bank of Tanzania is exploring ways to introduce a Central Bank Digital Currency (CBDC) on its monetary system to enhance the domestic payment system. That is according to Bloomberg…

Stablecoins and CBDCs are frequently being discussed of late. Regulators across the world, especially, have been weighing the pros and cons of these digital currencies and their implementation in their…

As Bitcoin surges have become a routine in the bull season, Nigeria has also become more alert of its CBDC promotions or lack of it. Given the Central Bank of…

China’s digital yuan made a debut at the China International Import Expo (CIIE). China appears to be leading the race of countries working on their central bank digital currencies (CBDC).…

Key Takeaways Chinese officials have cracked down on a criminal group connected to a money laundering charge. The group scammed a person for 200,000 yuan (about $32,000) and used a…

Digital payment Mastercard CEO Michael Miebach expressed his strong support for central bank digital currency (CBDC) in today’s third-quarter earnings conference call. In the discussion about the central bank digital currency…

On the eNaira official website, it was revealed that the banks in the country have a significant role in the implementation of the currency. After postponing the launch of its…

Ghana is working on developing offline usability for its upcoming Central Bank Digital Currency (CBDC) to ensure that all segments of society use digital currency. Speaking at the Ghana Economic…

Ripple (XRP) Ripple Joins The Digital Pound Foundation to Help In The Development of A CBDC In the United Kingdom This week, Ripple has joined the Digital Pound Foundation, which…

Earlier this year, the Bank of England was the first among others to have released a detailed document on CBDCs. In its official press release, global payment solution giant Ripple…