central bank digital currency

Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency

The central banks of Saudi Arabia and the United Arab Emirates (UAE) have jointly launched a digital currency trial. The…

The Era of Central Bank Digital Currencies Is Within Reach

Kevin Rutter is the research lead at R3. “CBDC, not bitcoin” is the new “blockchain, not bitcoin.” Since 2014, discussions…

Thai Central Banker: A National Cryptocurrency Is Years Away

Central bankers have been talking about issuing their own digital coins ever since they first saw the appeal that bitcoin…

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

The People's Bank of China (PBoC) is looking to recruit blockchain tech and legal experts as it continues development of…

ECB Has ‘No Plans’ to Issue a Digital Euro, Says Mario Draghi

The chief of the European Central Bank (ECB) said Friday that the institution sees no "concrete need" to issue a…

Iran’s Recognition of Crypto Mining Prompts Local Bitcoin Price Spike

The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national…

India Eyes State Digital Currency to Cut $90 Million Banknote Bill

India's central bank is researching how to introduce a rupee-backed central bank digital currency (CBDC) into its monetary policy in…

Bitt Inks Blockchain Deal With Another Caribbean Central Bank

Barbados-based blockchain startup Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a…

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