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Algorand Report on the Importance of CBDCs

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?

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 Spartan Hill stablecoin

Chainlink To Price Feed a CBDC

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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...
CBDC Central American countries

Central American Countries Study the Possibility of CBDC

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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?

Euro CBDC – Can It Happen?

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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

Bahamas Unveils World’s First CBDC

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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

Jerome Powell: CBDC Could Improve U.S. Payment System

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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 Unveils CBDC Development Platform

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

Big News – Mastercard Launches CBDC Testing Platform

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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

Thailand Testing CBDC for Businesses

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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...