CBDCs
US lawmakers question private firms’ role in development of a CBDC
The lawmakers said there was not enough transparency surrounding the roles of the private companies involved in Project Hamilton.
Oluwapelumi Adejumo 2 min read
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Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
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CBDCs: India’s digital rupee falls flat as low volumes blight trial run
Initial reports suggest the e-rupee has failed to catch on among retail users. Worse still, bankers blasted it as an inefficient administrative burden.
CBDCs
Bitcoin’s current stability stems from market manipulation, ECB report
After reiterating the need for crypto regulation in the EU, the ECB is back at it with allegations of price manipulation.
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CBDCs
Indian central bank on track to launch retail CBDC pilot next month
The retail e-rupee, which will be interoperable with existing payment methods, will be hosted by the National Payments Corporation of India.
CBDCs
eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
Uptake of the eNaira Central Bank Digital Currency has been woefully low, leading to congratulations from dissenters.
Adoption
Singapore BIS Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs
The Innovation Hub of the Bank for International Settlements (BIS) launched its latest project to explore the use of automated market makers to facilitate foreign exchange markets and CBDC payments.
CBDCs
Kazakhstan to launch CBDC on BNB Chain
Kazakhstan inked a deal with Binance to launch its Digital Tenge on the BNB Chain.
CBDCs
Hong Kong Monetary Authority announces success and key findings from CBDC project, mBridge
Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.
CBDCs
Australia confirms crypto transactions will be subject to capital gains tax
In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.
