Microsoft and VISA Join Brazil’s CBDC Pilot Project
Brazil is part of the BRICS alliance and the region has been working on the development of a wholesale and retail CBDC project for some...
Russian Lawmakers Amending the Digital Rule Bill
The Interfax publication on Monday, May 22, revealed that Russian lawmakers were mulling integrating a package of amendments to the digital rule bill. The bill...
Russian Parliament Members Propose Significant Amendments to Digital Ruble Bill
Russia has been using cryptocurrencies to settle international payments. The country has introduced several crypto-friendly reforms to circumvent the financial sanctions issued by the Western...
Ripple Introduces CBDC Platform for Financial Institutions and Governments
Ripple has recently introduced a new digital payments platform that is going to work for the government. This new digital payments network supports CBDCs rather...
Bank of Korea Courts Samsung to Expand Offline CBDC Payments Research
Samsung and the Bank of Korea (BOK) have partnered to execute a new Central Bank Digital Currency (CBDC) research. Samsung Electronics confirmed its collaboration with...
China Rolls Out National Blockchain Center to Train more than 500000 Professionals
China has launched National Blockchain Center in Beijing. It is a research center directed toward Web3 industry development and progress. The research center has set...
Rep. Tom Emmer Alleges Democrats Secretly Supporting CBDC Bill
The Republican majority whip indicates that Democrats secretly support his proposed central bank digital currency (CBDC) bill. He attributes the silence from the Democrats to...
Nigeria Approves National Blockchain Policy to Promote Digital Economic Development
Nigeria is one of the major exporters in the international markets with products like Cocoa beans, Crude Petroleum, and Gas, among others such as special...
IMF Director Issues Warning Regarding Retail CBDCs
International Monetary Fund or IMF director Kristalina Georgieva is concerned about issues connected to retail CBDCs. It is worth noting that CBDCs are digitized forms...
Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...