CBDC
SWIFT to Conduct More Tests With CBDC Project
The banking network is seeking to build a system that will connect the digital currencies of different countries.
BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.
Will CBDCs Be a Boon or Bane?
Host Joel Flynn discusses the potential impact of central bank digital currencies (CBDCs) on the crypto industry. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Nigeria Picks Bola Tinubu as President Amid Cash Shortages
Tinubu will replace Muhammadu Buhari, whose government issued the eNaira and banned banks from interacting with crypto firms.
Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar
As the crypto industry awaits a U.S. government decision on whether to issue a central bank digital currency, a former economic official said it was working toward that end.
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
The Bank of England is experimenting with tokenizing assets for real estate sales as well as developing a digital pound, lawmakers were told.
Nigeria's Digital Currency eNaira Faces Setback Despite Cash Shortages
Nigeria is struggling with severe cash shortages, with riots erupting across the country just days before a presidential election. Still, people are not turning to the national digital currency, the eNaira, which promised to improve retail payments. "The Hash" panel discusses the case for crypto adoption and CBDCs in Nigeria amid economic uncertainty in the country.
Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages
A lack of infrastructure, merchants and interest may all be reasons why more people in the country aren't using the digital currency.
