April 18th, 2025
CBDC News - Page 10
Bank of England Partners with Nuggets to Boost CBDC Privacy and Security
By Babafemi Adebajo
July 6th, 2023
Nuggets is also working with the European Commission’s Joint Research Centre to develop a privacy-preserving solution for cross-border payments.
UK Passes Legislation to Support Safe Adoption of Crypto Assets Post Brexit
By Steve Muchoki
June 30th, 2023
The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles.
ECB Set to Launch CBDC Market Settlement Trials by 2024
By Tolu Ajiboye
June 29th, 2023
As research continues into a possible digital euro, the ECB plans to begin trials that settle transactions using a CBDC.
North Carolina House Passes Bill to Study How Holding Bitcoin Could Be Profitable for State
By Temitope Olatunji
June 29th, 2023
The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent.
BoE Reassures Britons Digital Pound Will Be Privacy-Centric CBDC
By Steve Muchoki
June 27th, 2023
The Bank of England (BoE) has made extensive research on the best format for developing a digital pound to supplement the fiat system.
Swiss National Bank to Launch Wholesale CBDC (wCBDC) Pilot Soon
By Chimamanda U. Martha
June 27th, 2023
The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs.
Singapore’s Central Bank Proposes Interoperable Network Design for Tokenizing Assets
By Tolu Ajiboye
June 26th, 2023
Singapore’s MAS created the report with 11 banking giants to run several pilots improve market issuance by tokenizing assets.
Bank of France Governor Pushes on Need for Euro CBDC
By Godfrey Benjamin
June 23rd, 2023
Villeroy de Galhau touched on not only the e-euro but also the banking crisis and its consequences for the eurozone.
EU Commission’s CBDC Agenda Is Back on Track after Publication of MiCA in OJEU
By Steve Muchoki
June 21st, 2023
The EU’s track on the CBDC agenda has previously been scrapped following internal discussions earlier this week.
Britcoin’s Launch Nears after Project Rosalind CBDC Study
By Temitope Olatunji
June 19th, 2023
The Bank of England is progressing with its Britcoin digital currency project as it released results from the Rosalind project, which started in July 2022.
Bank of England (BoE) Concludes CBDC Test Project towards Potential Official Launch
By Tolu Ajiboye
June 16th, 2023
Following a successful Project Rosalind CBDC test, the BoE is making progress with developing and launching a digital pound.
Ripple Teams Up with Colombia’s Banco de la República for Blockchain Pilot
By Babafemi Adebajo
June 16th, 2023
Ripple’s partnership with Colombia’s central bank is another step towards its vision of “enabling the Internet of Value”.
Leaked Digital Euro Bill Supports Offline Usability, Shuns Interests
By Godfrey Benjamin
June 15th, 2023
The potential issuance of fiat currency in digital form has garnered global attention, with various jurisdictions exploring the concept. The EU, the US, and the UK are among those actively considering the implementation of a CBDC.
President of Brazil Signs Decree Giving Central Bank Control Over Crypto Firms
By Tolu Ajiboye
June 15th, 2023
According to the bill, the central bank of Brazil has control over crypto firms, while the CVM handles tokens that are securities.
European Central Bank (ECB) Finalizes Digital Euro Prototype Ahead of Potential CBDC Launch
By Tolu Ajiboye
May 30th, 2023
The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.