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Algorand Report on the Importance of CBDCs
CBDCs, central bank digital currencies, are currently a buzzword amongst many financial institutions. CBDCs are digital tokens issued by a central bank. Like cryptocurrencies,...
How Can CBDCs Improve the SWIFT System?
The Society for Worldwide Interbank Financial Telecommunication, SWIFT, plans to connect several CBDC systems. They aim at simplifying the issues with cross-border transactions.
The introduction...
Chainlink To Price Feed a CBDC
Spartan Hill is planning to launch a new decentralized Colombian Peso stablecoin. This company is focused on portfolio management.
To achieve this, Spartan Hill has...
Central American Countries Study the Possibility of CBDC
After El Salvador decided to legalize Bitcoin, the central banks of Guatemala and Honduras are studying the possibility of adopting CBDCs.
According to reports, the...
Euro CBDC – Can It Happen?
Several countries have begun showing interest in developing a central bank digital currency. The European Central Bank (ECB), not to be left behind, has...
Bahamas Unveils World’s First CBDC
With the inauguration of the Sand Dollar, the Bahamas has attained the position of being the first nation in the world to officially launch...
Jerome Powell: CBDC Could Improve U.S. Payment System
Federal Reserve Chairman Jerome Powell has stated that a central bank digital currency (CBDC) could improve the current payment system in the United States...
Japan’s LINE to Unveil CBDC Development Platform
Japan-based LINE, a popular messaging app, has disclosed its intention to introduce a blockchain platform centered on central bank digital currency development.
According to Chosun,...
Big News – Mastercard Launches CBDC Testing Platform
On Sept 9, Mastercard announced a Central Bank Digital Currency (CBDC) virtual testing environment for central banks. The platform is designed to help central...
Thailand Testing CBDC for Businesses
The Bank of Thailand (BOT) is planning to begin testing a new digital currency-based payment system. The BOT originally announced plans for a new...