Central Banks Archives

Central Banks

European Central Bank experts predict 5 year wait for digital euro

Central Bank Experts Discuss Digital Expert attendees from international central banks joined the “Upgrading Money to the Digital Age: Introducing Digital Euro,” online...

Central Banks

Saudi Arabia & UAE project ‘Aber’ reports successes in cross-border payments

Report Findings Over the last year, the Saudi Central Bank (SAMA) and the Central Bank of United Arab Emirates (CBUAE) have partnered in...

Central Banks

30 Japanese Companies Team Up to Test Digital Yen

Project Yen A consortium of 30 formidable Japanese companies from sectors including banking, telecommunications and retail have announced a collaborative effort to begin...

Central Banks

All Iranian miners must sell their BTC to the Central Bank

Bitcoin Mining in Iran Mining in Iran has been growing at a very accelerated pace. The government has been issuing more mining licenses...

Central Banks

China’s Digital Currency: Consumers spent 8.8 million Yuan during week long test

China’s DC/EP The competition between nations at who will have the first functional Central Bank-issued Digital Currency (CBDC) continues. China had previously stated...

Central Banks

The Federal Reserve is evaluating the benefits of issuing a digital currency

CBDC One of the most prominent topics this year has been Central Bank-issued Digital Currencies (CBDCs). These would represent the digital version of...

Central Banks

China needs to be first at issuing digital currency

The Race As reported by Reuters, a commentary released by China’s central banks stated that the country must be the first mover in...

Central Banks

MasterCard launches digital currency platform for Central Banks

MasterCard Platform MasterCard have publicly released their testing platform, opening up the opportunity of partnership invitations to central and commercial banks, tech and...

Central Banks

Bahamas’ digital currency is now on their balance sheet

Central-Bank issued Digital Currency It is no longer news that central banks from around the world are trying their best to accelerate the...

Central Banks

Bank of Thailand confirms their digital currency is in use

Transacting with Businesses As a wave of central banks from around the world have joined the race of turning their fiat currencies digital;...

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