San Francisco federal bank eyes CBDC system development, reveals job posting

The Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and implement systems related to a central bank digital currency (CBDC). On Feb. 18, the San Francisco Fed ...

San Francisco FED is hiring a developer to build a CBDC system

The Federal Reserve (FED) of San Francisco is looking to hire a senior application developer to develop novel systems related to central bank digital currency (CBDC), per a job posting on Feb. 18. San...

Japan Is Set to Launch Digital Yen (CBDC) Pilot in April

Join Our Telegram channel to stay up to date on breaking news coverage On Friday, Japan’s central bank announced that it will begin a pilot program in April to test a digital yen. This is part of a gl...

Japan Launches a CBDC Testing Program in April: Report

The central bank of Japan will reportedly start testing the employment of a digital yen in April this year.  The institution has previously said they could take Sweden as a model for how to launch a C...

Japan Announces Launch of New CBDC Pilot This April

The Bank of Japan has announced plans to roll out a new pilot for its central bank digital currency (CBDC) program in April. A CBDC is a digital version of a state’s fiat currency—like the U.S. dollar...

Bank Of Russia Set To Roll Out Pilot CBDC As…

The Bank of Russia is all set to roll out the first consumer pilot of the country’s Central Bank Digital Currency (CBDC), with the pilot set to launch as early as the 1st of April, 2023.  The pilot wi...

Russia to roll out CBDC pilot with real consumers in April

The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023. Russia’s central bank is set to soon debut the first real-w...

Russia to Launch CBDC First Consumer Pilot of CBDC on April 1

10 hours ago | 2 mins read Altcoin News The planned CBDC pilot will include actual businesses and real consumers. The participating financial institutions have technically validated their preparedness...

The Bank of Japan to launch its CBDC pilot before May

Japan, a nation where foreign stablecoins like Tether (USDT) are prohibited, plans to begin its central bank digital currency (CBDC) pilot in April 2023. It aims to include private businesses and test...

Russia planning to roll out CBDC in April

After years of crippling sanctions, Russia is planning to introduce its own central bank digital currency (CBDC), which may be ready for testing as soon as April. Russian Central Bank first deputy gov...

Japan All Set to Launch CBDC Pilot Program in April This Year

11 hours ago | 2 mins read Altcoin News BOJ has been working on this for the last two years. Uchida also intends to achieve better designs via conversations with private enterprises. Many nations incr...

Bank of Japan to launch its CBDC pilot in April, following…

The Bank of Japan plans to launch its CBDC pilot in April 2023. The pilot project will commence after the proof-of-concept testing is completed.  In his opening remarks at the Fifth Meeting of the Lia...

Japan CBDC Pilot Gets Go Ahead for April

The Bank of Japan has announced it will launch its central bank digital currency (CBDC) pilot, the digital yen, in April. It joins a roster of Asian countries issuing CBDCs. CBDCs have been rising in ...

Japan to launch CBDC pilot program for issuance of digital Yen

Ad Bank of Japan director Uchida Shinichi said that the apex bank would launch a central bank digital currency (CBDC) pilot program to test the use of digital yen from April. The Bank of Japan launche...

Japan will launch its CBDC pilot in April

As Japan and the rest of the world’s central banks begin to initiate the move into CBDCs, Bitcoin becomes far more necessary to provide citizens with options. BoJ CBDC rollout is close After 2 years o...

Will Ripple Sign Singapore As Its Next CBDC Customer?

Ripple has defined Central Bank Digital Currencies (CBDCs) as a key priority in its 2023 projections and goals, and already boasts notable collaborations with several countries. As Bitcoinist reported...

CBDC Trial to be Launched in April by Japan Central Bank

Only 4% of Japan’s total population uses or owns cryptocurrencies. Experimental testing of the digital yen is expected to begin in April 2023.     The Bank of Japan revealed on February 17, 2023, that...

Nigeria’s CBDC program called ‘a very dark experiment’

Ad Referencing the e-Naira, Journalist Nick Corbishley said, “A very dark experiment is underway in Nigeria.” In a tweet posted on Feb. 16, as riots broke out across several Nigerian cities, Corbishle...

LBank Celebrates Lao CBDC Ambitions

Road Town, BVI, 16th February, 2023, Chainwire   LBank’s CMO has commented on Laos’ efforts to introduce a central bank digital currency (CBDC). According to Kaia Wang, the pilot project is a net posi...

UK is Confronting Challenges To Launch CBDC Project

At present, there is no specific law for cryptocurrency in the UK. The country considers crypto assets as property but not legal tender. Recently the UK Tax Reform Council has announced a campaign aga...

UAE Launched FIT Program to Issue CBDC for cross-border payments

New plans to introduce CBDC for domestic purposes and cross-border payments. Crypto will play a vital role in UAE global trade market. UAE has emerged as a buzzing hub for crypto and digital innovatio...

CBDC and Central Banks Insight

The world in 2023 begins with several macroeconomic themes that we believe will play a role in reshaping the focus of some CBDC projects. Let us examine some of the major thematic reasons for a CBDC t...

UAE’s Central Bank pushes for CBDC for financial transformation

The UAE is looking to boost its cross-border payments while also enhancing its domestic financial infrastructure. This comes after the Central Bank of the UAE announced the issue of CBDC, short for ce...

UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives – Bitcoin News

On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objecti...

UAE to issue CBDC for digital payments

The latest developments on the United Arab Emirates (UAE) financial infrastructure transformation (FIT) program highlights the country’s Apex bank’s intention to launch a central bank digital currency...

Bitget partners with Capitual to participate in Brazil CBDC project

Ad Crypto exchange Bitget (BGB) announced its partnership with the fintech company Capitual to participate in Brazil’s Central Bank Digital Currency (CBDC) project. Capitual is amongst the main partne...

UAE central bank to issue CBDC as part of its financial transformation program

The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial...

UAE set to issue CBDC for cross-border payments and domestic usage

The Central Bank of the United Arab Emirates is set to launch its CBDC.  The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central Bank of the Un...

India’s CBDC Pilot Test Garners 50k Users and 5k Merchants

10 seconds ago | 2 mins read Altcoin News RBI deputy governor Rabi Sankar announced the first public milestones. As of December 1, 2022, 770,000 transactions have been processed. Although it has only ...

Former Ripple Chief Engineer Slams CBDC on XRP Notion, Here’s Why

Contents XRP is not XRPL Ripple and CBDC Nick Bougalis, the former director of engineering at Ripple, commented on the much debated topic of how a CBDC could run on XRP. Bougalis said the idea is absu...

India’s Retail CBDC Pilot Onboards 50K Users, RBI to Continue with ‘Go Slow’ Approach

India’s retail CBDC pilot, launched on December 1, has onboarded 50,000 users and 5,000 merchants. In the two-month period, 0.77 million e-rupee transactions were carried out, the Reserve Bank of Indi...

The Bank of England is Looking to Build a Digital Pound

The Bank of England, along with the United Kingdom’s Treasury, is exploring the possibility of a digital currency that would purportedly maintain monetary stability in the UK’s economy.  In a joi...