The Central Bank of Montenegro plans to issue a state digital currency in cooperation with Ripple Labs. A pilot project to build infrastructure for the new payment instrument in the […]

The Universal Digital Payments Network (UDPN) is intended to become an international data transfer system between various CBDC projects and banking stablecoins. Hong Kong-based blockchain company Red Date Technology announced […]

China’s central bank digital currency (CBDC) can now be used for offline payments, buying securities, and participating in cash prize drawings. In cooperation with the People’s Bank of China (PBoC), […]

The Bank of Spain approved a project to issue stablecoins pegged to the euro. The asset will be tested as part of a financial sandbox created to develop the digital […]

Members of the European Commission insist that the design and use elements of the future digital euro require careful consideration of the political implications. Full political conformity would help avoid […]

Financial regulators of Iran and Russia intend to issue a stablecoin backed by gold. The asset is planned to be used in foreign trade transactions. The Central Bank of Iran […]

Ukraine’s bank TASCOMBANK presented the findings of its digital hryvnia (CBDC) pilot launch. The National Bank said that the project would become “the basis for the further development of the […]

As of late December 2022, China had 13.61 billion digital yuan (CBDC) in circulation, representing ~0.13% of all money in circulation in China last year. The People’s Bank of China […]

Representatives from the City of London and five other national financial associations formed an alliance to “develop better policies, practice, and regulation around digital currencies.” The City of London Corporation […]

At the end of 2022, the first trial transactions using the digital lira (CBDC) were successfully carried out in Turkey as part of a pilot project. The local regulator plans […]