CBDCs

Nigeria to Postpone Its CBDC Launch: Reports
The central bank is delaying the eNaira’s start as the African nation gears up to celebrate the 61st anniversary of its independence, according to two reports.

Visa Working on Interoperability Platform for Stablecoins and CBDCs
Payments behemoth Visa has proposed a platform to enable interoperability between central bank digital currencies (CBDCs) and other stablecoins. The “universal payments channel” (UPC) aims to allow the cryptocurrencies to be transferred between different blockchain networks.

Visa Working on Interoperability Platform for Stablecoins, CBDCs
The channel would allow cryptocurrencies to be transferred between different blockchains.

Bank of England Unveils CBDC Forum Members, Including Reps From Asos, PayPal and Spotify
The formation of two forums was announced in April to explore a potential UK CBDC that would exist alongside cash and bank deposits.

Pro-Crypto Senator Lummis Says Stablecoins Should Be Audited
A full audit would be more rigorous than the attestations the coins’ two top issuers have produced.

Digital Dollar Needs Legislative Support, Fed Chair Says
The issue of CBDCs and financial privacy were featured during Tuesday’s contentious Senate Banking Committee hearing.

Nigeria’s eNaira Website Goes Live Ahead of Scheduled October Rollout
The central bank digital currency will be accompanied by a CBN-sanctioned wallet that a user can link to a bank account.

Fantom to Work With Orienbank to Help Develop a Possible CBDC for Tajikistan
The Fantom Foundation will work with OJSC Orienbank on a possible CBDC for use in the central Asian country.

Central Bank of Chile Sets Up Team to Study CBDC Issuance
The team will present a white paper in first-quarter 2022 stating the objectives, requirements and regulations for the development of a digital currency.

Italian Payments Giant Nexi Says It Is ‘Contributing’ to Design of Digital Euro
“We are starting to talk about a new version of cash,” Nexi’s CEO said. “That’s why we are engaging with the ECB.”

