Bahamas Leads Global CBDC Ranking with Sand Dollar Success
According to a PwC report, The Bahamas ranks first as the country with the most advanced retail CBDC, followed by Cambodia and China.
Crypto News
Crypto News
Bank of Thailand to Begin CBDC Trials in Q2 2025
Thailand's Central Bank gears up for the launch of central bank digital currencies as it plans to begin trialing its Central Bank Digital.
Crypto News
Shinhan Bank and LG CNS Develop Blockchain-based CBDC Pilot Platform in South Korea
South Korean bank Shinhan has announced the Central Bank Digital Currency (CBDC) pilot's completion in association with LG CNS.
Crypto News
Ripple Develops Private XRP Ledger for Central Bank Digital Currencies (CBDCs)
Ripple announced a pilot project to provide a private version of its XRP Ledger for central banks to issue and manage digital currencies.
Crypto News
Mastercard and Island Pay Expand Sand Dollar Usage in the Bahamas
Mastercard, in association with Island Pay is rolling out prepaid cards for the World's first CBDC, the Bahamian Sand Dollar.
Blockchain News
China’s Digital Yuan Trial Expands to Chengdu with $4.6 Million Airdrop
According to a local media, the capital of Chinese province of Sichuan, Chengdu will launch another significant trial for digital yuan in January.
Bitcoin News
Stephen Harper on Bitcoin and CBDCs: A Potential Role in Reserve Currencies
Stephen Harper, the former Canadian Prime Minister observes Bitcoin as a unit of account and medium of exchange but not as a storehouse.
Crypto News
Donald Trump Bans Alipay and Other Chinese Apps: What It Means for U.S.-China Relations
The outgoing Trump administration passes an executive order banning transactions with eight Chinese software applications including Alipay.
Crypto News
Swedish Banks Raise Concerns Over E-Krona Digital Currency Impact
The Swedish banks emphasized that moving the nation to a digital currency dependent economy, thus expressing concerns over E-krona CBDC project.
Crypto News
Ukraine Partners with Stellar Foundation for CBDC Development
In order to develop Ukrainian Central Bank Digital Currency, Ukraine's Ministry of Digital Transformation collaborates with Stellar Foundation.