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CBDCs

Canadians Show Less Interest in CBDC, Brazilian CBDC Set to Launch Digital Currency in 2024

CBDCs
Bank of Canada reveals that most Canadians show less interest in Central Bank Digital Currency (CBDC) due to the country's effective banking and financial services. Brazilian central bank plans to launch its digital currency, DREX, in 2024...

China’s Digital Yuan Hits New Milestone, records $250 Billion in Transactions

CBDCs
The meeting organized in Singapore on July 19 threw emphasis on the growth of the Central Bank Digital Currency (CBDC) of China. Here, it was revealed that by the end of June, transactions reached 1.8 trillion yuan. The introduction of the digital...

Ripple Set To Become the Bedrock of Trillion Dollar CBDC Trade and Core Partner of Central Banks

CBDCs
As the market of digital assets moves further in 2023, the adoption of digital currencies approved by the central banks is remarkably gaining ground. Research...

A Crypto Firm & 12 Others Join Brazil’s CBDC Pilot Program

CBDCs
Information on Wednesday, May 24 2023, disclosed that the Central Bank of Brazil had revealed up to 14 participants for its CBDC pilot program. The...

G7 Committee Meets and Deliberates on CBDC Imposition

CBDCs
Recently, the G7 met in Niigata, Japan, to analyze how the CBDCs (Central Bank Digital Currencies) can aid in establishing a worldwide financial system. The...

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