April 29th, 2025
CBDC News - Page 6
Franklin Templeton Believes Every National Treasury Will Hold Bitcoin
By Bhushan Akolkar
December 18th, 2023
The head of Franklin Templeton’s digital asset and industry advisory services sees ongoing adoption of BTC by nation-states and emphasizes its potential to surpass CBDCs in efficiency for national treasuries.
Ripple Releases White Paper Reaffirming Its Belief in CBDCs
By Mercy Tukiya Mutanya
December 15th, 2023
Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency.
Circle: 51% of Consumers Latin America Use Digital Assets for Purchases
By Mayowa Adebajo
December 12th, 2023
Latin America has identified that regulated, blockchain-based financial services will soon be the order of the day.
China to Verify Citizens’ Identities with Blockchain
By Tokoni Uti
December 12th, 2023
China plans to use a blockchain-based blockchain initiative to verify users’ identities as they access the internet. This is being pushed by the Ministry of Public Security and the Blockchain-based Service Network.
Crypto VC Firm C1 Explores Acquisitions in Australia, Targets Animoca Brands and Chainalysis
By Chimamanda U. Martha
December 11th, 2023
Australia’s recent regulatory developments in the crypto space coincide with C1’s endeavor to acquire private holdings in the country.
Crypto Policies Take Center Stage at Republican Presidential Debate
By Tolu Ajiboye
December 7th, 2023
The Republican presidential debate discussed several issues including regulation to protect the sector as well as safeguarding crypto users.
South Korean Crypto Traders Emerge as Major Force in Recent BTC Rally
By Godfrey Benjamin
December 6th, 2023
South Korea has long been recognized for its robust blockchain and crypto community.
XRP Price at $0.6, Will XRP Follow Bitcoin Bull Run in December?
By Tolu Ajiboye
December 5th, 2023
Although Bitcoin has outperformed XRP in 2023, there is the chance that XRP could follow in Bitcoin’s footsteps for a December bull run.
UK House of Commons Calls for Clarity on Retail CBDC Implementation
By Chimamanda U. Martha
December 4th, 2023
Despite the benefits highlighted in the ongoing testing of CBDC concerning issuance, distribution, and privacy, the committee fears that the launch of a digital pound could incur additional costs.
Algorand Expands Its Presence in India with Key Partnerships
By Godfrey Benjamin
November 30th, 2023
Algorand entered the Indian market earlier this year with the launch of the AlgoBharat Project. One of the first collaborations was formed with the Self-Employed Women’s Association (SEWA).
Private Cryptocurrencies Have No Future, Retiring MAS Director Said
By Babafemi Adebajo
November 28th, 2023
The retiring MAS director believes the future monetary system will revolve around CBDCs, tokenized bank liabilities, and stablecoins.
Bank of Korea to Involve 100K Citizens in CBDC Testing
By Mayowa Adebajo
November 23rd, 2023
The Bank of Korea will be looking to use the pilot stage of its CBDC to determine things such as acceptability and ease of use.
Singapore to Begin Wholesale CBDC Issuance Next Year
By Godfrey Benjamin
November 17th, 2023
The MAS will collaborate with local banks during the pilot, allowing them to issue tokenized bank liabilities on blockchain technology, streamlining the clearing and settlement processes.
XRP Price Jumps Over 10% as Ripple Facilitates Financial Services for Multiple Institutions
By Tolu Ajiboye
November 6th, 2023
The price of XRP is responding positively to Ripple sealing agreements to several institutions who need varying services from the firm.
Georgia Central Bank Tags Ripple as Technology Partner in CBDC (Digital Lari) Pilot
By Mercy Tukiya Mutanya
November 3rd, 2023
The NBG will now commence the pilot stage and test the Ripple CBDC platform in a live environment to evaluate select use cases.