Kazakhstan Officially Launches Digital Tenge CBDC
Kazakhstan has officially launched the central bank digital currency, the digital tenge, and the country’s chairman of the National Payment Corporation has made the first transaction with the CBDC. Binur Zhalenov, chairman of Kazakhstan’s National Payment Corporation (NPC), has conducted the initial transaction utilizing the central bank digital currency (CBDC). According to the local news […]
Ripple, National Bank of Georgia Partner on Digital Lari CBDC Pilot
National Bank of Georgia (NBG) has appointed leading blockchain payments platform Ripple Labs Inc. as its official technology partner to advance its Central Bank Digital Currency (CBDC) Digital Lari pilot. As per an official declaration from Ripple, the partnership will utilize the Ripple CBDC Platform for the implementation and distribution of the Digital Lari pilot […]
Hong Kong Monetary Authority Completes First CBDC Trial
Hong Kong’s Central Bank digital currency (CBDC) pilot program has finished its first phase, demonstrating possible developments in digital finance. Hong Kong has completed the first phase of its CBDC study. It’s still unclear if they’ll release the e-HKD retail version in its entirety. Tokenization, programmability, and atomic settlement are a few of the potential […]
Central Bank of Spain Adopts Digital Euro CBDC
The Central Bank of Spain joins other European banking institutions in preparing their clients for the advantages of the “digital euro,” saying the CBDC will make electronic payments a vital piece of the financial system. The Bank of Spain published a brief text explaining the nature and applications of the potential central bank digital currency […]
Central Bank of Argentina Says Digital Peso Bill Is in Works
The Central Bank of Argentina announced that it has accelerated its work on the legislation necessary to implement its central bank digital currency (CBDC) ‘digital peso’ workflow in the country. During a public discussion on the Filo News channel on October 18, Argentina Central Bank director Juan Agustin D’Attellis Noguera disclosed that the BCRA is […]