Hong Kong Shakes Up Its Financial Skyline with CBDC Pilot Launch
The Hong Kong Monetary Authority (HKMA) has begun tests of its central bank digital currency (CBDC), called e-HKD, five months ...
Tag: CBDC
Digital Currency Backed By Gold To Be Introduced By Zimbabwe’s Central Bank
Local media The Sunday Mail reported that the Reserve Bank of Zimbabwe will shortly introduce a digital currency backed by ...
‘Launching A Digital Dollar Is Risky’, Fed Governor Reveals
Federal Reserve Governor Michelle Bowman has warned of the potential risks of launching a digital dollar, highlighting that privacy concerns have not ...
Stablecoin Growth In Israel Prompts Central Bank To Explore CBDCs
The use of stablecoin is seeing immense growth in the biblical holy land. The Bank of Israel published a report ...
Days After Arresting Do Kwon, Montenegro Wants To Develop A CBDC With Ripple
Days after the arrest of Do Kwon, the founder of Terra Labs, on fraud charges, Montenegro announced its intention to ...
Plan For Gold-Backed Digital Currency Emerges from Texas Legislature
Texas lawmakers have proposed a glittering innovation that could shake up the cryptoverse: a gold-backed digital currency. In a bold ...
US Senator Warren Says No To Crypto But A Resounding Yes For CBDCs
In a recent interview, United States Senator Elizabeth Warren made it clear that she is not a fan of cryptocurrencies. ...
Russia Postpones Launch Of Digital Ruble
The scheduled trial of Russia's digital ruble has been postponed; it was due on April 1. This is because the ...
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