Tatarstan to pilot digital ruble subsidies as Russia delays CBDC launch Amidst the global wave of digital currency advancements, Russia has been steadily working on its own central bank digital…
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Israel unveils early digital shekel plan
Israel Unveils Early Digital Shekel Plan: A Step Towards Modernizing Financial Transactions Israel has recently made headlines in the financial world by unveiling its early plans for a digital shekel,…
Russia eyes digital rouble for welfare payments
Russia Eyes Digital Rouble for Welfare Payments Amidst the global surge in digital currencies, Russia is considering a groundbreaking move in the realm of financial technology. The Ministry of Finance,…
China’s push to implement a Central Bank Digital Currency (CBDC) known as the digital yuan, or e-CNY, is marked by a challenging landscape of slow adoption among the population. Launched…
As one of Europe’s leading cashless nations, Norway is at a crossroads in its monetary policy. The Central Bank, Norges Bank, has announced that a decision regarding the potential introduction…
As the Bank of England prepares to trial a Central Bank Digital Currency (CBDC) in 2025, a wave of privacy concerns is sweeping through the public and expert communities. While…
SWIFT, the global financial messaging service, is poised to make significant strides in the digital currency domain with its upcoming trials. Scheduled for 2024, these trials will focus on live…
In an era where digital currencies are rapidly gaining traction, Canada’s central bank has decided to halt its Central Bank Digital Currency (CBDC) initiative. This decision comes after extensive public…
In a significant development within the financial sector, forty of the world’s leading commercial banks have initiated a digital currency pilot program known as the Agora project. This collaboration, which…