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Tech News
China Plans to Airdrop $4.5 Million in e-CNY to Shenzhen Dwellers, Bids Big on CBDC
China, in a bid to drive the adoption of its e-CNY digital currency, is gearing up for a mega token…
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European Central Bank Chief Christine Lagarde Says Cryptocurrencies Are ‘Worth Nothing’
European Central Bank President Christine Lagarde called cryptocurrency ‘worthless’ during an interview. Lagarde who’s consistently had a negative stance on…
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SWIFT Partners with Capgemini to Test Cross-Border CBDC Interoperability
Bank messaging service, SWIFT, short for Society for Worldwide Interbank Financial Telecommunication, is set to test the interoperability of Central…
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90 Percent of the World’s Central Banks Are Exploring Launching a CBDC, Reveals BIS Survey
Nine out of 10 central banks globally are toying with the idea of launching a central bank digital currency (CBDCs),…
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Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC
Nigeria has been trying to get more citizens to adopt its national digital currency called eNaira since it was introduced…
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India’s CBDC Use-Cases Being Explored for ‘Several Commercial Purposes’ Says Nirmala Sitharaman
India’s ‘Digital Rupee’ will entail use-cases for an array of commercial purposes, because that is what the country is aiming…
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Hong Kong’s Central Bank Unsure About Motivations Behind Retail CBDC Launch
The Hong Kong Monetary Authority (HKMA), the Chinese Special Territory’s central bank, has issued a discussion paper on the possible…
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Mexico’s CBDC Won’t Release Before 2025, Nation Aims at Financial Inclusion
Mexico’s central bank digital currency (CBDC) is likely to come into circulation by 2025. The development has been confirmed by…
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Mexican Senator Indrea Kempis Swings in Favour of CBDC Legalisation Before Bitcoin
Mexican senator from the state of Nuevo León, Indrea Kempis has formally introduced a bill to include virtual assets as…
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Coordination Among Central Banks Not Critical to CBDC Rollout: Bank of Canada Director
Central banks across the world have been trying to work on their respective Central Bank Digital Currency (CBDC) projects and…
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Tanzania Calls for Distinct Global Consensus on Crypto Assets, CBDCs During IMF Meet
The financial authorities of Tanzania are awaiting a global outlook on cryptocurrencies and central bank digital currencies (CBDCs). The East…
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EU Ministers Claim Digital Euro Could Introduce Additional Privacy Safeguards
European Commission lawmakers believe that the Digital Euro — the EU’s planned Central Bank Digital Currency (CBDC) could facilitate enhanced…
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