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Central Bank Digital Currency

Ripple Exec Identifies Benefits of Retail CBDCs in Global Payment Innovation

James Wallis, the Vice President of Central Banks Engagement at Ripple Labs, has shared his take on the evolution of digital payments and the...

Ripple New Report Shows 9 Out of 10 Central Banks Exploring CBDCs

A recent report from Ripple suggests that nine out of every ten central banks are researching CBDCs, with some of these central banks turning...

ECB Board Member Urges Regulators To Treat Crypto Like Gambling Activities

Crypto community members are not pleased with the latest blog post from the ECB. Crypto community members yesterday and today took to Twitter to express...

20 Banks Settled Cross-border Transactions Over $22M through BIS CBDC Project ‘mBridge’

  BIS' Project mBridge Facilitated 164 FX Transactions Totaling $22M+ in Its 6-Week Pilot Stage. window.coinzilla_display = window.coinzilla_display || ; ...

Norway, Sweden, And Israel Plan A Joint CBDC Development With Bank of International Settlements

As CBDCs get more popular, the Bank of International Settlements (BIS) is partnering with three central banks to develop them. window.coinzilla_display...

Ripple Backs Digital Euro Association Major Event To Develop Work in CBDC Area

Ripple continues to show support for CBDC initiatives. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences = {}; ...

President Joe Biden To Sign Crypto Executive Order This Week Which May Include Possibility of U.S. Issued CBDC

Biden is expected to sign the crypto order this week. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences =...

Philippines Studying To Launch Its Central Bank Currency

The Philippines is looking to develop its Central bank currency. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences =...

Aave And Eight Other Companies Selected By Central Bank of Brazil To Develop Digital Real

Brazil started to work on its Central bank Digital currency. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences =...

Brazil Introduces New Bill To Create Central Bank Digital Currency

After approving a bill that would regulate crypto in Brazil, A new bill was introduced that, if approved, would help in launching Brazilian Real...

Mastercard To Provide Consulting Services For Cryptocurrencies, NFTs, And CBDCs

Continuing with its plans to grow in the crypto industry, Mastercard announced that it is expanding its activities in the consulting area focused on...

Digital Yuan Surpassed Visa in Number Of Transactions On Opening Day of 2022 China Winter Olympics

The digital Yuan surpasses Visa in the number of transactions at the Winter Olympics. window.coinzilla_display = window.coinzilla_display || ; ...

European Central Bank (ECB) Intoducing Digital Euro Bill In Early 2023

The European Commission plans to introduce a central bank digital currency bill early next year, with the digital euro not launching until 2025 at...

Crypto Became Legal In India, India Introduces 30% Tax On Digital Assets Income And Launch Of Digital Rupee

Finance Minister Nirmala Sitharaman on Tuesday announced that the Reserve Bank of India (RBI) would introduce its digital currency in the new financial year. ...

Bank of America Says US Central Bank Digital Currency (CBDC) Is Unavoidable

According to a Bank of America report, there is a possibility that the United States will proceed to issue its own Central Bank Digital...

Iran To Pilot Central Bank Digital Currency (CBDC) Soon

The Iran Central Bank is getting closer to launching its Central Bank Digital Currency (CBDC). window.coinzilla_display = window.coinzilla_display || ; ...

Digital Yuan Wallet Becomes Most Downloaded App In China

A few days after China launched the pilot version of its Digital Yuan wallet, the financial app became the most downloaded app available in...

Binance CEO Elucidates Can Governments Ban Bitcoin To Promote Their Central Bank Digital Currencies?

The founder of Binance, Changpeng Zhao (CZ) stated that issuers of central bank digital currencies (CBDC) should not isolate CBDCs from the cryptocurrency industry...

UK Government Communications Headquarters Head Fears Digital Yuan Will Badly Impact World’s Monetary System

Jeremy Fleming, head of the UK Government Communications Headquarters (GCHQ), fears that the China Digital Yuan could be used to collect user information, control...

Central Banks Of France And Switzerland Successfully Completed Testing Of Cross-Border Payments In Digital Euros And Swiss Francs

Bank of France and Swiss National Bank have successfully completed testing of cross-border payments in digital euros and Swiss francs. window.coinzilla_display...