Europe’s Digital Euro Takes Center Stage
Fabio Panetta, an executive board member of the European Central Bank (ECB), emphasized the potential for the European Commission’s (EC) proposal for the digital euro...
PBOC Executive Stresses Digital Yuan Retail Integration
In a move towards the adoption of China’s digital yuan, Changchun Mu, an executive from the People’s Bank of China (PBOC), has underscored the importance...
Microsoft And Aptos Partner On Digital Payments And CBDCs
Microsoft and pioneering public blockchain platform Aptos Labs, founded by former Facebook employees, have unveiled a strategic partnership that signals a fusion of cutting-edge technologies....
IMF Developing Global Platform For CBDCs
The International Monetary Fund (IMF) has announced its development of a platform for central bank digital currencies (CBDCs), aiming to facilitate seamless transactions between countries....
Texas Legislature Introduces Bill To Ban Central Bank Digital Currency
The 88th Legislature of Texas has put forward a bill aimed at prohibiting the use of a central bank digital currency (CBDC) within the state....
Draft Stablecoin Bill Published By U.S. House Committee
The U.S. House Financial Services Committee has released a draft version of a potential landmark stablecoin bill, which proposes a moratorium on stablecoins backed by...
UAE Launches CBDC Project to Accelerate Digital Transformation
The Central Bank of the United Arab Emirates (CBUAE) has recently launched its Financial Infrastructure Transformation (FIT) initiative. It aims to accelerate digital transformation in...
Florida Governor Ron DeSantis Advocates Ban On CBDCs
Florida Governor, Ron DeSantis, has voiced his support for a proposed legislation that would prohibit the use of a Central Bank Digital Currency (CBDC) as...
Japan to Launch CBDC Pilot Program in April 2023
Japan is set to launch a pilot program for its central bank digital currency (CBDC), the digital yen, in April 2023. The Bank of Japan...
Norges Bank to Construct a Sandbox for CBDC
Norges Bank expresses the plan to develop a CBDC sandbox as well as has constructed an infrastructure that is Ethereum-based. In May 2022, an expansion...