central bank digital currency

CFTC Fines Polymarket $1.4M for Unregistered Swaps
CFTC Fines Polymarket $1.4M for Unregistered Swaps
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why the Commodity Futures Trading Commission (CFTC) recently fined crypto betting service Polym...
CFTC Fines Polymarket $1.4M for Unregistered Swaps

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)
RBA Steps Up CBDC Research but Is Not Convinced There Is a Policy Case Yet: Official
The Reserve Bank of Australia thinks it’s plausible that crypto becomes “niche” once stablecoins and CBDCs are in full force.
Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

Peru flag (Shutterstock)
Peru’s Central Bank Is Developing a CBDC
The central bank’s president said that the country is partnering with other central banks in the issuance of a domestic CBDC.
Peru flag (Shutterstock)

e-naira, nigeria
Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report
Africa’s first CBDC launched in late October.
e-naira, nigeria

State of Nigeria's Central Bank Digital Currency Pilot
State of Nigeria’s Central Bank Digital Currency Pilot
Nigeria’s central bank digital currency (CBDC), the eNaira, is in its second week of operations since it went live Oct. 25. Yele Bademosi, CEO and founding partner of Nigeria-...
State of Nigeria's Central Bank Digital Currency Pilot

Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan
Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan
The Bank of China has revealed a machine that converts foreign currencies into digital yuan. The machine is likely to be rolled out for the 2022 Beijing Winter Olympics when t...
Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan

JPMorgan: CBDCs Can Save Firms $100B a Year in Cross-Border Costs
JPMorgan: CBDCs Can Save Firms $100B a Year in Cross-Border Costs
A new report by consulting firm Oliver Wyman and JPMorgan says a central bank digital currency (CBDC) network could save global corporations over $100 billion per year in tran...
JPMorgan: CBDCs Can Save Firms $100B a Year in Cross-Border Costs

(Carlos Becerra/Bloomberg via Getty Images)
Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis
In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.
(Carlos Becerra/Bloomberg via Getty Images)

Bank of England to Intervene on Digital Currency 'Programming'
Bank of England to Intervene on Digital Currency ‘Programming’
“The Hash” panel discusses the specifics, reactions, and implications for the Bank of England reportedly telling its ministers to decide whether a central bank digital currenc...
Bank of England to Intervene on Digital Currency 'Programming'

China to Build Global Clearing Network for Mobile Payments Using Digital Yuan
China to Build Global Clearing Network for Mobile Payments Using Digital Yuan
According to the People’s Daily, China aims to build an international clearing and settlement network for mobile payments using the digital yuan, saying renminbi (RMB) interna...
China to Build Global Clearing Network for Mobile Payments Using Digital Yuan