Research reveals 98% of global economy exploring CBDC solutions - cbdc

Research reveals 98% of global economy exploring CBDC solutions

A new report reveals that 134 countries, covering 98% of the global economy, are exploring digital currencies, with 44 currently piloting CBDCs. Central bank digital currencies are gaining widespread attention, with nearly 99% of the global economy n

Denis Omelchenko
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals - bank, cbdc

China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank dig

Kevin Helms
North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto - senate, cbdc, state

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using C

Kevin Helms
Accenture invests in Emtech to strengthen CBDC, fintech solutions - cbdc

Accenture invests in Emtech to strengthen CBDC, fintech solutions

The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

Cointelegraph by Derek Andersen
North Carolina Senate overrides governor veto to pass Fed CBDC ban bill - senate, cbdc

North Carolina Senate overrides governor veto to pass Fed CBDC ban bill

A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.

Cointelegraph by Brayden Lindrea
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase - bank, second, cbdc

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools f

Sergio Goschenko
Brazil’s Central Bank Selects Visa, Santander for CBDC Pilot Phase 2 - second, cbdc, bank

Brazil’s Central Bank Selects Visa, Santander for CBDC Pilot Phase 2

Brazil's Central Bank has selected 13 themes for the second phase of its Central Bank Digital Currency (CBDC) pilot, Drex, focusing on testing financial services through smart contracts managed by third parties.

Hassan Shittu
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC - four, ai, cbdc, bank

Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s presid

Bitcoin.com
Hong Kong’s Project Ensemble explores tokenization in banking with new CBDC sandbox - hashkey, cbdc

Hong Kong’s Project Ensemble explores tokenization in banking with new CBDC sandbox

The HKMA has launched a sandbox for Project Ensemble, with initial participants including Bank of China, HSBC, Ant Digital and HashKey.

If your country has adopted a CBDC, you might be suffering - new, cbdc

If your country has adopted a CBDC, you might be suffering

New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.

Self-Sovereign Decentralized Identity Is Key To Retail CBDC Adoption - bank, cbdc

Self-Sovereign Decentralized Identity Is Key To Retail CBDC Adoption

In the last few years, a conversation has arisen surrounding the implementation of what is known as Central Bank Digital Currencies, or CBDCs

Alastair Johnson, Contributor
BoE Embarks on CBDC and DLT Experiments for Payment Systems - cbdc, boe, dlt

BoE Embarks on CBDC and DLT Experiments for Payment Systems

The Bank of England (BoE) wants to test distributed ledger technology (DLT) and wholesale central bank digital currencies or CBDC (wCBDC). These experiments will map the dynamics of the payments lands

exbasi.com
Philippines Plans to Introduce Wholesale CBDC by 2029 - bsp, bank, cbdc

Philippines Plans to Introduce Wholesale CBDC by 2029

Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion.

Kevin Helms
Donald Trump’s Newest Gambit: Using Bitcoin to Strengthen the US Against China - japan, bitcoin, donald trump, cbdc, trump, may

Donald Trump’s Newest Gambit: Using Bitcoin to Strengthen the US Against China

In this election cycle, former US President Donald Trump has consistently made headlines due to his newfound support for Bitcoin (BTC) and the broader crypto industry. His stance goes beyond advocacy,

Lynn Wang
CBDC: COTI Selected for Bank of Israel’s Digital Shekel Challenge - cbdc, bank

CBDC: COTI Selected for Bank of Israel’s Digital Shekel Challenge

COTI, along with 14 other fintech firms, has been selected to participate in the Bank of Israel’s Digital Shekel Challenge, which aims to explore the feasibility of a central bank digital currency (CB

exbasi.com
Kazakhstan pays for rail line to China using programmable CBDC - second, cbdc

Kazakhstan pays for rail line to China using programmable CBDC

The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses.

Cointelegraph by Derek Andersen