Category: CBDC
CBDC – Central Bank Digital Currency
All You Need to Know About China’s Digital Yuan
Also known as the digital renminbi, the digital yuan is a CBDC (central bank digital currency) developed and issued by the Chinese central bank. It…
Taiwan Central Bank is not in a Hurry to Launch a CBDC
The Central Bank of Taiwan has recently shared its stance regarding CBDCs. The Central Bank of the Republic of China makes note recently hinted at…
Ripple Partners with Georgia’s National Bank to Digitize Local Economy
Ripple, the firm behind the XRP token and Ledger, is now working with the National Bank of Georgia. It is important to note that Ripple…
Qatar Launches the First Phase of Central Bank Digital Currency
The Central Bank of Qatar has unveiled the plans to introduce a new CBDC. The government officials have stated that CBDC is part of the…
US Legislators Approve FIT21 Cryptocurrency Bill with Bipartisan Support
Democratic and Republican legislators in the United States recently approved the FIT21 bill directed toward cryptocurrencies. The bill was approved following a voting event at…
US Presidential Candidate Donald Trump Announces to Accept Crypto for His Campaign
Trump is currently facing multiple lawsuits in the running as a Republican Party nominee to face off in the upcoming Presidential elections against the Democratic…
Taiwan Solves $6.2 Million Crypto Fraud with the Help of Binance
Binance is working with the regulators of Taiwan to bust scammers. The prosecutors in Taiwan have put together evidence that has led to the indictment…
Hong Kong Central Bank Sets Up Committee to Explore Tokenization Market
Regulatory Agency HKMA and SFC working as regulatory authorities in Hong Kong have joined forces with HSBC and HashKey. The coalition has been formed in…
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
Indonesia’s Regulatory Agency Proposes Taxation Changes for Cryptocurrencies
The Commodity and Futures Trading Regulatory Agency has initiated the request to revise taxation policies for cryptocurrencies. The federal regulatory authority of Indonesia noted that…
US Senators Raise Voice Against Joe Biden’s CBDC Plans
An alliance of 5 Senators in the United States recently submitted opposition against the digital USD plans of the Federal Reserve. The group of senators…
All You Need To Know About Nigeria’s eNaira CBDC
What is CBDC? CBDCs stand for Central Bank Digital Currencies. CBDCs are a type of cryptocurrency that is issued on blockchain networks. A mainstream cryptocurrency…
All You Need To Know About Digital Euro
What is the Digital Euro? Bitcoin started out in 2008 as the flagship cryptocurrency. Since the inception of decentralized networks, federal governments have decided to…
Ripple Labs’ 310 Million XRP Unlock Sparks Reaction: Here’s Why
Ripple Labs’ surprise unlocking of 310 million XRP tokens from its escrow wallet has signaled a substantial shift in the XRP market. Accordingly, the remaining…
A Guide To Online And Offline CBDCs: What To Know
Over the years, there have been numerous efforts by countries in exploring and engaging with central bank digital currencies (CBDCs) technology. The move indicates a…
Online Vs Offline CBDCs: All You Need To Know
What is a CBDC? CBDC is an abbreviated form of Central Bank Digital Currencies. Blockchain sector has introduced decentralized financial networks meaning that people are…
Will The UK Parliament Approve CBDC’s Rollout? What To Know
Amid rapid development in the digital currency landscape, legislators in the British House of Commons are mulling over the introduction of a retail digital pound….
Central Bank Digital Currencies (CBDCs) And Cryptocurrencies: Understanding The Differences
In the ever-evolving landscape of global finance, digital currencies have become more prominent, attracting millions of users and investors. While stalwarts like Bitcoin, Ethereum, and…
BoK And BIS Collaborate On Wholesale CBDC Trials
Bank Of Korea’s Wholesale CBDC Trial The Bank of Korea (BoK) has unveiled its plan to embark on a wholesale central bank digital currency (CBDC)…
Retail Vs Wholesale CBDCs: Major Differences
Introduction CBDC is a term that is heard everywhere these days from political forums, to talk shows, to social media platforms. This article is all…
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