The European Central Bank (ECB) president Christine Lagarde revealed that the bank intends to introduce payment control into the digital euro CBDC. She made the statement during the prank call with the Ukrainian president impersonator. Lagarde was involved in a prank call In...
As the world of cryptocurrency continues to expand, India is aiming to the lead in embracing this digital frontier. According to reports, with its ambitious retail central bank digital currency (CBDC) project, India aims to bring the digital rupee to one million users...
The Central Bank of the United Arab Emirates (CBUAE) has released its CBDC strategy. R3 and G42 Cloud have been chosen as the infrastructure and technology providers, with the first phase of the CBDC implementation expected to be completed within the next 15...
Nigeria, Africa’s most populous nation and largest economy, is currently facing a financial crisis that has underscored the importance of cryptocurrencies for its population of over 219 million. Despite the government’s launch of a central bank digital currency (CBDC), the eNaira, citizens have...
Amidst continuous sanctions imposed on Russia for its invasion of Ukraine, the country is accelerating its CBDC program. According to the Jan. 9 report, Russia’s central bank will research two potential cross-border settlement solutions as part of its intentions to move forward with...