Alipay, WeChatPay mobile payments dull appeal of central bank’s efforts Eight years after China first embarked on the path toward a digital yuan, the central bank’s pilot program for...
The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment according to...
The Algorand research team today publishes “Issuing Central Bank Digital Currency Using Algorand,” a new report capturing insights from more than a year of continued research into how CBDCs...
The article by World Economic Forum in partnership with IMF Blog discusses why African central banks like that of Nigeria, South Africa and Ghana explore and pilot digital currencies....
In an effort to improve the its digital currency, eNaira, after it been ranked number one global retail CBDC, the Central Bank of Nigeria plans to introduce the Unstructured...
While cash is issued in the form of physical paper and coins, central bank digital currency (CBDC) involves recording transaction information in a digital ledger kept by the central...
Central Bank Digital Currencies have become a government favorite tool to usher the advancement of web3 and digital currencies. Whether or not the countries looking into CBDCs legalize crypto...
Nigeria’s paper currency to be out of circulation soon due to Central Bank Digital Currency (eNaira)
The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira according the Punch....
Tanzania is moving closer to launching its central bank digital currency (CBDC) in response to the rising popularity and adoption of cryptocurrencies. The Governor of the Bank of Tanzania...
A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still a few years away, a senior central bank...