CBDC

Bahamas Mandates Banks for Sand Dollar CBDC

The Central Bank of The Bahamas, which introduced the world's first digital fiat currency in 2020, is considering requiring banks…

2 hours ago

Parfin Creates New Blockchain

Parfin, a financial technology company, has developed a novel blockchain system that will serve as a privacy solution for the…

1 week ago

CBDC Wholesale Trial Period Extended to 2 Years by SNB

The Swiss National Bank (SNB) has extended the CBDC wholesale trial by at least two more years as more institutions…

2 weeks ago

Iran to pilot CDBC in Kish Island starting July

In July, the Central Bank of Iran (CBI) will commence a trial of its central bank digital currency (CBDC), the…

2 weeks ago

IMF Survey Shows how CBDCs Can Help Middle-East Nations

Central bank digital currencies (CBDCs) may increase financial inclusion and lower costs, according to an IMF survey for Central Asia…

2 weeks ago

Saudi Arabia Enters mBridge CBDC Project

Saudi Arabia has partnered with the mBridge Initiative to improve cross-border payments by utilizing central bank digital currencies (CBDCs). According…

3 weeks ago

China Pays CBDC to Workers Who are Converting to Cash Fast

China pays CBDC to workers who instantly cash out the cryptocurrency because they fear it may lose value later on.…

2 months ago