OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Nigeria’s eNaira CBDC runs into trust issues
Nigeria had launched its CBDC last month and though it has received some warm welcome from the people of the country, eNaira is expected to suffer from the trust issues that the people have with…
India Likely to Join CBDC Race
The Indian Reserve Bank could also be looking to launch its own central bank digital currency (CBDC) as a counter to the proliferation of private cryptos and stablecoins in the country. The race for the…
CBDC eNaira Finally Launched by Nigeria
Nigeria has finally announced the launch of its central bank digital currency (CBDC) named eNaira which has parity with the corresponding fiat currency and is expected to help in the economic growth of the country.…
Ripple and Accenture back Digital Pound Foundation
A new independent forum called Digital Pound Foundation has been started in the UK to promote, research, and push for the implementation of the CBDC in the UK. It is chaired by Jeremy Wilson, who…
Hong Kong Likely to Join CBDC Bandwagon
Hong Kong has started taking baby steps towards issuing a central bank digital currency as it joins the growing list of countries studying the technical and strategic feasibility of the same. The central bank of…
Fed Chair Says that Cryptos Would Not be…
The Chairman of the Federal Reserve, Jerome Powell, has said last week that there would be no attempt to curb or ban cryptocurrencies or stablecoins in any manner, something which China has been trying to…
New Zealand Central Bank Begins Discussion on Future…
The Reserve Bank of New Zealand has launched a public consultation to discuss the future of money and also about central bank digital currencies (CBDCs). The CBDCs have been dominating any kind of high-level monetary…
Nigeria to Roll Out CBDC from October 1
Nigeria is going to become the first country in Africa and probably the largest country so far, in terms of population, to launch the central bank digital currency. The release is scheduled for October 1…