Tag: CBDC

Central Bank Digital Currency (CBDC) marks a transformative leap in monetary systems. Issued and regulated by central banks, CBDCs are digital forms of national currency, fostering innovation and efficiency in financial transactions.

Bank Indonesia Set to Launch CBDC Trial in 2024, Focused on Wholesale Interbank Settlements

by Madonna

01/05/2024

Jakarta - Bank Indonesia (BI) has officially announced its plans to venture into the exploration of a Central Bank Digital ...

India Achieves Over 1 Million Daily Digital Currency Transactions in December

by Madonna

01/05/2024

MUMBAI - In a significant development, sources report that digital currency transactions in India surpassed 1 million per day in ...

The Meaning Of Retail Digital Rupee: A Full Exploration

by Madonna

01/04/2024

In the dynamic realm of digital currencies, the emergence of the Retail Digital Rupee has sparked considerable interest among enthusiasts, ...

HSBC Expedites Digital Currency and CBDC Initiatives in Hong Kong

by Madonna

01/02/2024

HSBC's Hong Kong branch is intensifying its collaboration with local authorities to fast-track the implementation of digital currencies for cross-border ...

Bank of Korea Accelerates Central Bank Digital Currency (CBDC) Development

by Madonna

12/28/2023

The Bank of Korea (BOK) is intensifying its efforts to advance the development of its Central Bank Digital Currency (CBDC), ...

IMF Managing Director Urges Preparations for the Future of Digital Currencies

by Madonna

12/27/2023

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, issued a bold statement, advising the world to "buckle ...

Indian Central Bank Maintains Caution, Rejects Upside to Legalizing Cryptocurrencies

by Madonna

12/26/2023

Indian financial regulators persist in their cautious stance on the incorporation of cryptocurrencies into the nation's economic framework, asserting that ...