Bahamas to Mandate Commercial Bank Support for Sand Dollar CBDC
Key Insights The Bahamas is developing regulations to require commercial banks to offer access to its CBDC, the Sand Dollar.…
Israel Unveils Plans for Interest-Bearing Digital Shekel CBDC
Key Insights Israel’s central bank announced plans for an interest-bearing digital shekel CBDC Key features include privacy protections, a two-tier…
Nigeria Ropes in Blockchain Firm Gluwa to Drive eNaira Adoption
Key Insights Nigeria partners blockchain startup Gluwa to drive adoption of its struggling eNaira CBDC Gluwa’s Credal tech to enable…
UAE Central Bank Completes First Cross-Border Digital Dirham Transfer via mBridge
Key Insights Central Bank of the UAE conducts first cross-border digital dirham transfer using mBridge CBDC platform $13.6 million dirham…
Central Banks Embracing CBDCs But Digital Dollar Seen Far Off, Says BofA
Key Inflation Majority of central banks globally are exploring issuing CBDCs according to BofA report. However, analysts believe a US…
IMF Chief Sees CBDC Replacing Cash But Adoption Will Take Time
Key Insights IMF Managing Director says CBDCs can eventually replace cash. But widespread CBDC adoption globally will take time despite…
Argentina’s Central Bank Races to Implement Digital Peso as Inflation Cure
Key Insights The Central Bank of the Argentine Republic is fast-tracking the development of a digital peso for the national…