RBI Report Highlights India’s Central Bank Digital Currency Development
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India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central…
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada
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Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He…
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
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U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects…
Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use
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Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only…
Philippines Plans to Introduce Wholesale CBDC by 2029
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Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC…
Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
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The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central…
China and Kazakhstan Sign CBDC Collaboration Agreement
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The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies…
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
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The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and…
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
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The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central…
North Carolina Passes Bill to Block State Participation in Federal CBDC Testing
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The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the…