CBDCs News

Deloitte Claims Bitcoin Could Help Governments Create Cheaper CBDCs
A new report from financial services giant Deloitte has highlighted the potential of Bitcoin to form the base of a cheaper, faster and more ...

Key Takeaways From President Biden’s Long-Awaited Crypto Executive Order
US President Joe Biden has signed an executive order calling government agencies to examine the risks and benefits of cryptocurrencies. What...

UK’s Cambridge University Launches Crypto Institutional Research Group
Cambridge, one of the UK’s most famous and prestigious universities, is launching a research initiative focusing on digital assets, du...

Mastercard to Offer Crypto and NFT Consulting Services, May Help Develop CBDCs
Mastercard has announced plans to cater to open banking, ESGs, open data, and crypto and digital currencies, by expanding its payments-focus...

Zambia Exploring CBDCs but Remains Anti-Crypto
The Zambian central bank has revealed that it is in the process of researching central bank digital currencies (CBDCs), and plans to impleme...

Sovereign Aboriginal Yidindji Nation Launches Own CBDC
The Sovereign Yidindji Nation, an indigenous micronation located in the Australian rainforest region of far north Queensland, has created hi...

India Set to Tax Crypto Income at 30% and Plans to Launch ‘Digital Rupee’ CBDC
Following the country’s annual budget speech, India’s finance minister Nirmala Sitharaman announced a 30 percent taxation rate on an...

South Korea Becomes 14th Nation to Successfully Complete Phase 1 CBDC Trial
The first phase of South Korea’s CBDC (Central Bank Digital Currency) trial has been successfully completed, as per an announcement from t...

China Plans to Create NFTs on a State-Backed Centralised Blockchain
China has created its own version of non-fungible tokens (NFTs), which are in no way linked to any cryptocurrencies or public blockchains an...

Visa Partners with ConsenSys to Pilot CBDC
American multinational payments giant Visa has partnered with ConsenSys, a blockchain software tech company, to build the proper infrastruct...

US Lawmaker Introduces Bill Prohibiting ‘Surveillance Tool’ Retail CBDC
A US lawmaker is seeking to stop the Federal Reserve from issuing a CBDC (Central Bank Digital Currency) directly to its consumers due to co...

China Pilots Mobile Wallet for CBDC Ahead of Winter Games
The People’s Bank of China (PoBC) has launched iOS and Android apps for digital yuan transactions in selected cities ahead of next month...