Tag Archives: CBDC

Iran to Launch a Pilot Phase of its CBDC Soon

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The Central Bank of Iran (CBI) is gearing up to launch the first phase of its CBDC (central bank digital currency)  in the coming months. Reports emanating from the Iranian Labor News Agency suggest that the token could ease the financial uncertainties ravaging the country. There has been talks of …

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Mexican CBDC will be ready by 2024

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Mexico’s Central Bank, Banxico, has unveiled plans to roll out its Central Bank Digital Currency or CBDC in less than half-a-decade from now. In a tweet sent out Wednesday, the Mexican government says it “will have a digital currency of its own in circulation” by 2024 having seen the “utmost …

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Ten of the Biggest Crypto Stories Last Week: India’s Crypto indecision, Dorsey’s exchange Whitepaper, Russia’s CBDC levy, El Salvador’s Bitcoin City, and more

Crypto Stories

We present ten of the hottest crypto stories that grabbed the headlines this past week. India will ban Crypto as a Payment option but support trading of digital assets The government of India is planning to outlaw crypto as a payment option but will continue to regulate and support the …

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Nigeria mints 500 million eNaira tokens

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The Nigerian Central Bank (CBN) announced yesterday that it had minted 500 million naira worth of eNaira tokens. The CBN governor, Godwin Emefiele, confirmed this during the official launching of Nigeria’s CBDC at the Presidential Villa, Aso Rock. The country’s number one citizen, President Muhammadu Buhari, was also in attendance. …

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France tests CBDC and Blockchain for Govt. Bonds

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Banque de France has tested the use of its CBDC and Blockchain technology in executing a series of government bonds. The experiment was carried out in collaboration with some of the heavyweights in the country’s financial industry, including the French public debt office. The Financial Times reported that around 500 …

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