Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies

Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial CompaniesCentral bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public Consultation Paper According to the announcement published on their website, the […]

Electronic Transactions Association Proposes 7 Guiding Principles for a Digital Dollar

Electronic Transactions Association Proposes 7 Guiding Principles for a Digital DollarThe Electronic Transactions Association (ETA) has put forward a set of guiding principles to be considered in the creation of a U.S. central bank digital currency (CBDC), also referred to as digital dollar. The organization, which unites hundreds of companies in the payments industry, confirms its commitment to ensuring access to financial services for all […]

Fintechs Invited to Work on Georgia’s Central Bank Digital Currency

Fintechs Invited to Work on Georgia’s Central Bank Digital CurrencyNational Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment system and promote financial inclusion. Georgia’s Central Bank Mulling Digital […]

Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC

China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, […]