On Thursday, June 10, the Central Bank of Nigeria (CBN) announced that it preparing for the launch of the central bank digital currency (CBDC) aka Digital Naira and that should happen before the end of 2021. Rukayat Mohammed, the Director of Information Technology (IT) for the CBN made this disclosure yesterday in a virtual briefing

The post Central Bank of Nigeria (CBN) Plans For a CBDC Launch By the End of 2021 appeared first on Coingape.

The U.S. Senate on Wednesday conducted a hearing related to a possible rollout of a Central Bank Digital Currency (CBDC), urged on by...

While the CBDC testing process commences, the statement also makes clear that the experiment does not suggest either the French or Swiss Central banks will publicly release a CBDC anytime soon.

The post French, Swiss central banks to experiment with CBDCs for cross-border payments appeared first on The Block.

The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digital asset.

By John Revill and Marc Jones ZURICH/LONDON (Reuters) - The Swiss National Bank and the Bank of France will trial Europe's first cross-border...

Massachusetts Senator Elizabeth Warren put crypto in the spotlight during a CBDCs senate hearing, warning regulators about the need to stop hiding out when it comes to digital currencies. The Democrat senator called on fellow policymakers to focus on the problems that cryptocurrency has created for the national economy as it failed to provide millions [...]

The post US Senator Elizabeth Warren: Regulators Must Confront Crypto appeared first on Blockonomi.

US Democratic Senator Elizabeth Warren went on a rant against cryptocurrencies during a session of the Senate Banking Committee discussing a US government-backed central bank digital currency on Wednesday. Comparing decentralized crypto assets to a CBDC, the Senator said that crypto is a “fourth-rate alternative to real currency,” adding that “legitimate digital public money could […]

The Hong Kong Monetary Authority (HKMA) announced on Tuesday (June 8, 2021) the updated “Fintech 2025” strategy for promoting financial tech development in...

BIGG Digital Assets, owner of Blockchain Intelligence Group (BIG), a developer of blockchain technology search, risk-scoring, and data analytics solutions, today announced a partnership with Blockchain Foundry (BCF) to provide a regulatory compliance solution for stablecoin creators. BCF’s senior technical team developed the Syscoin protocol and BCF has built substantial proprietary technology which leverages the […]

The post Blockchain risk platform provider BIG to develop compliance solution for Syscoin appeared first on CryptoNinjas.

The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain and cryptocurrency.

Do we need or want a CBDC?   Here is our pick of the 3 most important Stablecoin news stories during the week. The risk is, or...

The highly anticipated session scheduled for day two of the upcoming EBAday 2021, titled ‘Do we really need Central Bank Digital Currencies?’...