#CBDC News

African nation of Eswatini releases design for tokenized retail CBDC

cointelegraph.com The tiny kingdom, formerly known as Swaziland, is looking at better domestic accessibility and cross-border trade with a proposed CBDC.

Stablecoin usage surges in Latin America amid continued struggle with high inflation

cryptoslate.com Stablecoins like USDT have become a key financial tool in Latin America that helps citizens navigate persistent economic volatility, according to Chainalysis’ global…

Crypto Platforms Support Brazil’s Real-Pegged Stablecoin BRL1 Set for Launch This Year

cryptonews.com Brazil’s top cryptocurrency exchanges — Mercado Bitcoin, Foxbit, and Bitso — have joined forces to launch BRL1, a Brazilian real-pegged stablecoin (R$1 = 1 BRL1). According…

Digital Yuan Gains Ground In Saudi-China Transactions Disregarding USD

watcher.guru China is leaving no stone unturned to internationalize the Chinese Yuan by challenging the US dollar’s prestige. The Chinese administration is currently conducting trials to…

Dubai, Switzerland, South Korea Crowned Top Crypto Business Locations in 2024

cryptonews.com Dubai, Switzerland and South Korea have been identified as prime destinations for crypto business in 2024. According to a Social Capital Markets report, these countries rank…

WEF Report Calls for Tailored DeFi Regulation to Mitigate Risks and Protect Consumers

cryptonews.com The World Economic Forum (WEF) has called for stricter licensing measures and “clear sandbox objectives and support mechanisms” to address the challenges posed by the…

Retail CBDCs lose steam; Canada and Australia pivot to wholesale

dlnews.com Interest in retail central bank digital currencies (CBDCs) is losing momentum, with central banks in Canada and Australia shifting focus toward other priorities. The Reserve…

Brazil Explores DeFi Integration in Drex CBDC Pilot

cryptonews.com Brazil is advancing its Central Bank Digital Currency (CBDC) initiative, Drex, by integrating decentralized finance (DeFi) elements into the project. The latest initiative…

SWIFT to Trial Digital Asset Transactions for Global Banks in 2025

beincrypto.com SWIFT, the global interbank cooperative society, will allow over 11 thousand financial institutions to conduct digital asset transactions over its network next year.…

Banks to use Swift network for crypto transaction trials

blockworks.co Banks are gearing up to trial crypto transactions on the Swift network as the industry’s shift toward tokenization accelerates. Financial institutions will soon use Swift’s…

What is the labor market signaling? Checking the data before tomorrow’s jobs report

blockworks.co Today, enjoy the Forward Guidance newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Forward Guidance newsletter. Digging…

International Defi Conference in Zagreb by Alice in Blockchains Puts Future of Fintech in Focus

beincrypto.com Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as…

Visa to help banks test tokenized assets, smart contracts

blockworks.co Visa has created a new platform in a bid to help financial institutions issue fiat-backed tokens and test out their use cases. The payments giant’s guidance to banks…

FOMO HOUR 200

decrypt.co Bitcoin dominance rises ahead of Fed. May see short-term crash after Fed: Hayes. ETH underperformance may reverse soon: BitWise. Vitalik sings during Token 2049 appearance.…

Bank of Russia Makes Major Announcement on Digital Ruble Currency

watcher.guru The Digital Ruble, Russia’s central bank digital currency (CBDC), is in the spotlight. The Bank of Russia has revealed its plans for this new form of money. This move is…

Bank of Russia Claims Digital Ruble Issuance Won’t Cause Inflation

news.bitcoin.com The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money…

Crypto Laws Are Coming No Matter Who Wins Election: Rep. Tom Emmer

decrypt.co One of crypto’s most prominent advocates in Congress, House Majority Whip Tom Emmer (R-MN), has big plans for the industry should Republicans gain control of all branches of…

Taiwan FSC Greenlights Foreign Crypto ETFs for Professional Investors

cryptonews.com Taiwan’s financial regulator, the Financial Supervisory Commission (FSC), made an official decision on September 30, allowing foreign cryptocurrency exchange-traded funds…

CBDCs Are Under Threat

cryptonews.com Key takeaways: CBDCs have struggled with low adoption rates despite years of development and testing. Some countries, like Australia and Canada, have stopped plans to launch…

NIKOLAUS: Business Insider Says Trump And Harris Both Courting The Bitcoin Vote, But Reality Says Otherwise

bitcoinmagazine.com WHAT WE'RE READING: Business Insider Follow Nikolaus on X Business Insider published a new report today on where Bitcoin currently stands in regards to the upcoming U.S.…

EMTECH Using Hedera HBAR for CBDCs!

youtube.com After trialing Hyperledger Fabric, Ethereum, and Stellar EMTECH landed on using Hedera for CBDC technology. They also found ...

LATAM Crypto Roundup: Nexo Joins Colombia Fintech Association, Worldcoin Expands to Guatemala, and More

beincrypto.com continues to assert its growing importance in the global crypto ecosystem. In Colombia, Nexo has joined the Fintech Association, marking a significant step in its regional…