Nabatech, a Swiss digital asset specialist, has selected Polkadot’s Substrate blockchain to build its digital asset platform for central banks and financial institutions. The decision to go with Polkadot’s Substrate…
Ripple’s CEO, Brad Garlinghouse, has unveiled a significant leap forward in the world of blockchain and digital currency by announcing partnerships with 10 governments to develop Central Bank Digital Currencies…
Global bank messaging system SWIFT has announced the findings of the second test phase of its CBDC solution after a successful six-month test period. SWIFT did not create its own…
In a move against the Biden administration’s plans to introduce a “digital dollar,” five United States senators have united to introduce legislation prohibiting central bank digital currencies (CBDCs). Led by…
A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post on Feb.…
Instead of building on a decentralized blockchain network, the Philippine government has opted to develop a central bank digital currency to introduce digital assets in the country. BSP to Introduce…
In a significant stride for the XRP Ledger (XRPL), the much-anticipated Clawback feature amendment has secured overwhelming support from the network’s validators. Surpassing the critical 80% voting threshold, the amendment,…
On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February of 2023. The consultation paper…
Former United States President Donald Trump, who is once again vying to re-enter the White House, has criticized central bank digital currencies (CBDCs), stating that he would not allow such…
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