pilot

The trio of the Central Banks of France, Switzerland, and the Bank of International Settlements (BIS) has successfully conducted a wholesale Central Bank Digital Currency (wCBDC) trial involving both country’s…

China’s digital yuan CBDC is seeing formidable rates of adoption. Meanwhile, Australia reported on the “successful completion” of its research for the Project Atom CBDC. Adding to that, Project Jura…

While the e-CNY is billed to offer almost the similar features as stablecoins, it is centralized in nature. The plans by the People’s Bank of China (PBoC) to develop a…

Ripple (XRP) Ripple to Launch Bhutan’s Central Bank Digital Currency Pilot on Its Private XRPL Ledger Bhutan is the latest country to announce its plans for a central bank digital…

Ukraine’s Ministry of Digital Transformation has announced plans to pay the national digital currency, central bank digital currency (CBDC), for its employees’ salaries. In a recent interview with Ukraine media outlet TSN,…

The Central Bank of Nigeria (CBN) officially announced that it will officially pilot its central bank digital currency (CBDC) on the Hyperledger Fabric blockchain on October 1. Rakiya Mohammed, Director…

The Australian government has allocated more than 5.6 million Australian dollars (around $4.1 million US dollars) to support two new blockchain pilot projects to study how blockchain can improve the…

The latest comments by the bank’s deputy governor confirm the CBDC pilot test will be launched in a sandbox environment. The Bank of Ghana has announced its intention to launch…

The perception of cryptocurrencies is changing rapidly. Earlier, countries like Vietnam had warned its citizens, not to “gamble” in virtual money, however, as tides change, the government’s outlook has also…

With cashless transactions on the rise, the recognition and/or adoption of decentralized digital tokens is also gathering momentum in various sectors, and regions around the world. The cryptocurrency market today…