Australia Will Test CBDC Project eAUD in Mid 2023
Australia is the latest country to show its intention of launching an in-house central bank digital currency (CBDC) in the coming year. In a recent development,
CBDC (Latest Publications)
The CBDC (Central Bank Digital Currency) are cryptocurrencies that, unlike traditional ones, are backed and issued by the governments of different countries through their central banks.
This is a completely different concept and contrary to the initial idea with which cryptocurrencies were created. Cryptocurrencies seek decentralization and independence from governmental and financial institutions.
In this section you will find all the news about CBDCs and their implementation worldwide.
Hong Kong Plans To Begin e-HKD Trials In the Fourth Quarter
The Hong Kong Monetary Authority has revealed plans to start the trial of its central bank digital currency in the last quarter of 2022. Its CBDC
eNaira Used for Nearly $10 Million Worth of Transactions in Nigeria
The central bank digital currency of Nigeria, the eNaira, has received more acceptance and recognition among consumers. In the recent data set shared by the Central
Tether Hires World’s Fifth Largest Accounting Firm to Make Monthly Reports
Tether Holdings Limited, world’s largest stable coin issuer, has appointed BDO Italia, the Italian branch of the world’s 5th largest accounting firm, Binder Dijker Otte, to
Australia’s Central Bank to Roll-out Year Long CBDC Project
The Reserve Bank of Australia (RBA) has just announced that it will launch a one-year research program to evaluate the advantages and disadvantages for a central bank
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