In the pilot program, UBS facilitated blockchain-based transactions with multinational corporations and financial institutions, handling domestic transactions within Switzerland and cross-border payments in U.S. dollars, Swiss francs, euros, and Chinese…
The BoE and the Britain Ministry of Finance are jointly considering the decision to proceed with a state-backed digital pound but not before 2025, following a consultation which raised privacy…
he BCB disclosed it is developing a “synthetic” CBDC that integrates the “trilemma” of decentralization, privacy, and programmability.
Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, whose launch gulped millions of Naira from the nation’s coffers, may likely hit rock bottom in its second year. The eNaira, Africa’s…
Reportedly, up to 80% of central banks globally are researching Central bank digital currencies (CBDCs) as a digital form of legal tender.