News

Expect blockchain adoption to increase in the year ahead — in addition to the culture wars surrounding it.

The two-year project produced a white paper in February. Research results will continue to appear, with the Fed’s partner at MIT scheduled to make a research report in January.

While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs.

PBoC’s mainland expansion of digital renminbi continues

Reserve Bank of India Governor Shaktikanta Das warned that if crypto becomes regulated and is allowed to grow, it could cause the next financial meltdown.

World’s largest crypto exchange working on crypto regulation in other central Asian states

The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made.

The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021.

Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025.

Governor says CBDC model should avoid flight from bank deposits

Central bank will not release wallet to the public but says it wants to “sharpen functional requirements”

The central bank is budgeting nearly $255,000 to develop a central bank digital currency sample wallet that could execute basic features such as transactions and payment requests.

Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America.

The Bank of England (BOE) wants a "proof of concept" for a Central Bank Digital Currency wallet (CBDC). The wallet must trade value and solicit payments. The BOE wants a CBDC by 2030.

Benefits need to be set against “careful consideration” of downsides, assistant governor says