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CBDC

Crypto News

Morocco preparing law to allow crypto, CBDC Research

Key Takeaways Despite the ban on crypto, an estimated 3.1% of Moroccans hold digital currencies BAM is evaluating how a digital dirham could help achieve public...
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Crypto News

Reserve Bank of India Expands CBDC Use for Cross-Border Payments

Key Takeaways The move aims to enhance the speed and efficiency of international transactions  The RBI is not yet looking to introduce a full-scale consumer-facing version...
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Crypto News

Brazil’s Drex CBDC Pilot Aims to Revolutionize Trade Finance

The Central Bank of Brazil (BCB) has advanced its Drex Central Bank Digital Currency (CBDC) initiative by entering the second phase of its pilot...
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Crypto News

RBI and UAE’s Central Bank to collaborate on improving CBDC interoperability

Key Takeaways: The Central Bank of the United Arab Emirates (UAE) and the Reserve Bank of India (RBI) have decided to work together on cross-border...
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Crypto News

Hong Kong lawmaker wants CBDC with Defi features

Key Takeaways: In an effort to come up with new ideas for a central bank digital currency, Hong Kong officials are thinking about releasing a...
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Crypto News

Norway’s Norges Bank Backs EU’s MiCA as It Explores CBDC Development

Norway’s central bank, Norges Bank, has thrown its weight behind the European Union’s Markets in Crypto-Assets (MiCA) regulation as it evaluates the potential launch...
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Crypto News

Brazil’s Central Bank Launches New Phase of Drex CBDC Pilot

Key Takeaways Drex pilot, now in its second stage, focuses on pushing the digital real beyond basic tests into more advanced scenarios. From October 14 to...
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Crypto News

Canada's CBDC Departure Risks Web3's Interoperable Future

A lack of interoperability poses an existential threat to central bank digital currencies, as it does to Web3 itself, says Temujin Louie, CEO of...
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