Changsha, China: 300,000 of Our Merchants Accept Digital Yuan
Over 300,000 stores and vendors in Changsha, China, now accept digital yuan payment – as the central bank digital currency continues to break new ground in the country.
Currency Union in Latin America: Brazil and Argentina to Launch Common Currency
The Eurozone of the South: A Regional Currency to Strengthen Trade and Reduce Dependence on the US Dollar
The National Australia Bank Has Created a Stablecoin — AUDN
The National Australia Bank (not to be confused with the Reserve Bank of Australia) plans to launch its own AUDN stablecoin pegged to the Australian dollar by mid-2023.
Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready
A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector today. However, they have also stated these present several limitations still to be addressed.
Universal Digital Payments Network Launched at Davos
A Universal Digital Payments Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDCs) was launched at the World Economic Forum (WEF) in Davos. The network aims to provide interoperability between these digital currencies.
Universal Digital Payments Network for Stablecoins, CBDCs Launches at Davos
The Universal Digital Payments Network (UDPN) was launched today at the World Economic Forum to provide interoperability between regulated stablecoins and central bank digital currencies (CBDCs).
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default and by design.”
Can Central Bank Digital Currencies Help Stabilize Global Financial Markets?
Despite global financial instability, central bank digital currencies (CBDC) are emerging as high priorities for central banks.
American Trend Forecaster G. Celente Warns of Global Collapse Making CBDCs Thrive
Renowned American trend forecaster, Gerald Celente has extended his long-term projection of a global economic collapse, a factor that he predicts will accelerate the shift toward central bank digital currencies (CBDC).
Monei Gets Green Light From Bank of Spain To Test Euro-Backed Stablecoin
The Bank of Spain has given the green light for a pilot run of a euro-backed stablecoin by payments fintech Monei.
