Tanzanian officials want international clarity on CBDCs and cryptocurrencies
Tanzanian President Samia Suluhu Hassan instructed the country’s finance chiefs to prepare for cryptocurrencies just over a year ago, and now financial industry.
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South Africa (SARB) completes the technical proof of concept for the wholesale CBDC settlement system
The South African Reserve Bank (SARB) has completed a technological proof-of-concept for the initiative, bringing the country one step closer to establishing its.
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The BIS is collaborating with four central banks to create multi-CBDC platform prototypes
The BIS Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop two prototypes for an international settlement.
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The Philippines’ central bank intends to create a CBDC pilot program
The Philippines’ central bank governor announced the launch of a CBDC initiative at a joint event held by the Bangko Sentral ng Pilipinas.
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The United States is stepping up its research on the digital dollar
Since last year, the United States has been methodically designing its Digital Dollar, or central bank digital currency (CBDC). Following the Federal Reserve’s.
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The Bank of Israel (BOI) has stated that the adoption of CBDC will have no significant impact on the banking system
The Bank of Israel (BOI), Israel’s central bank, has stated that its examination of the planned digital shekel’s potential impact on banking stability.
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The Bank of Russia maintains its anti-crypto stance as it begins to evaluate the country’s CBDC
The Russian Central Bank has begun experiments for its own CBDC. The statement comes as the central bank prepares to begin the trial.
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Bank of Jamaica will launch the digital Jamaican dollar in 2022
According to Prime Minister Andrew Holness, Jamaica, an island country in the Caribbean Sea, plans to start its CBDC this year. On February.
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The Bank of Zambia expects to finish the CBDC study in Q4 of this year
In Q4 of 2022, the Zambian central bank aims to finish a research study on the benefits of implementing a central bank digital.
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CBDC – National Digital Currency option is what Kenya is considering now
Kenya is the latest country to investigate the possibility of a national CBDC. According to the Kenyan Central Bank, the introduction of a.