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Category central bank digital currency (CBDC)

MainNewscentral bank digital currency ...
Russian Banks Baulk at Digital Ruble Implementation Costs

Russian Banks Baulk at Digital Ruble Implementation Costs

Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central ba...
Oct, 25, 2024
by Bitcoin News
Taiwanese Central Bank to Test CBDC, Not Race to It

Taiwanese Central Bank to Test CBDC, Not Race to It

Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and bein...
Jul, 08, 2024
by Bitcoin News
Ethiopia Approves CBDC Launch Draft Proclamation

Ethiopia Approves CBDC Launch Draft Proclamation

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBD...
Jun, 20, 2024
by Bitcoin News
Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash

Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash

Some participants of China’s Central Bank Digital Currency (CBDC) pilot program, specifically state workers paid in digital yuan (e-CNY), are quick...
May, 13, 2024
by Bitcoin News
Zano Blockchain’s Hard Fork Facilitates Privacy Coin Creation, Introduces Confidential Assets

Zano Blockchain’s Hard Fork Facilitates Privacy Coin Creation, Introduces Confidential Assets

The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet t...
Mar, 25, 2024
by Bitcoin News