CBDC

BD 02-26-23
Central Bankers Triumphantly Declare Fiat to Have Beaten Crypto
The industry responds to statements from the head of the Bank for International Settlements.
BD 02-26-23

Nigeria's Digital Currency eNaira Faces Setback Despite Cash Shortages
Nigeria's Digital Currency eNaira Faces Setback Despite Cash Shortages
Nigeria is struggling with severe cash shortages, with riots erupting across the country just days before a presidential election. Still, people are not turning to the nationa...
Nigeria's Digital Currency eNaira Faces Setback Despite Cash Shortages

Nigerians form long queues at ATMs as cash shortages continue. (TVC News)
Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages
A lack of infrastructure, merchants and interest may all be reasons why more people in the country aren't using the digital currency.
Nigerians form long queues at ATMs as cash shortages continue. (TVC News)

Agustin Carstens, general manager at the BIS. (Horacio Villalobos/Getty Images)
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits.
Agustin Carstens, general manager at the BIS. (Horacio Villalobos/Getty Images)

(Emmanuel Ikwuegbu/Unsplash)
Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg
The central bank wants full control of the eNaira, and is in early talks with blockchain platform R3 to develop a new system to support the digital currency, according to the...
(Emmanuel Ikwuegbu/Unsplash)

(Egor Filin/Unsplash)
Bank of Russia to Pilot CBDC in April
Digital ruble payments will be launched for retail purchases and peer-to-peer transactions, a central bank official said.
(Egor Filin/Unsplash)

(Shutterstock)
Japan Will Launch Pilot for Issuing Digital Yen in April
The move comes after more than two years of proof-of-concept experiments by the BoJ.
(Shutterstock)

UAE's central bank is planning to issue a central bank digital currency. (Saj Shafique/Unsplash)
UAE Plans to Issue a CBDC to Promote Digital Payments
The deployment of a digital dirham is one of nine key initiatives of the UAE's new Financial Infrastructure Transformation Program.
UAE's central bank is planning to issue a central bank digital currency. (Saj Shafique/Unsplash)

U.S. Federal Reserve Board Governor Christopher Waller (Sarah Silbiger/Getty Images)
Federal Reserve Governor Reinforces US Regulators’ Preference for Keeping Crypto Apart From Banks
Christopher Waller noted that the separation has kept the U.S. financial system out of crypto’s drama, and he’s hopeful the sector can work out its recent issues.
U.S. Federal Reserve Board Governor Christopher Waller (Sarah Silbiger/Getty Images)

Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)
Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says
The central bank has made no decision on whether a digital pound would use distributed ledger technology, Deputy Governor Jon Cunliffe said.
Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)