Norway is widely known for its advanced digital economy and minimal reliance on physical cash, making it a prime candidate for the introduction of a Central Bank Digital Currency (CBDC). As one of the world’s most cashless societies, the possibility…
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Mastercard Explores Ethereum and NFTs in CBDC Pilot Program
Mastercard, in collaboration with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre, has announced significant progress in their Central Bank Digital Currency (CBDC) pilot project. The latest results, unveiled on Thursday, have demonstrated the potential…
Georgia’s National Bank Chooses Ripple Labs for CBDC Partnership
In a significant move towards the advancement of Central Bank Digital Currency (CBDC) technology, the National Bank of Georgia (NBG) has announced its selection of Ripple Labs as one of the potential technology partners for its groundbreaking CBDC pilot project,…
Is the FOMC Decision Good for Crypto?
There are some people whom we should listen to all the time. For some, it could be their parents, their teachers, or their work boss. In the world of finance, Jerome Powell commands such respect. His words and actions could…
India’s G20 Presidency Achieves a Significant Milestone with the Global Regulatory Framework for Cryptocurrency
The impending G20 Summit, scheduled for this upcoming weekend, is set to deliberate on a blueprint and fundamental components for synchronized measures concerning crypto assets, potentially paving the way for a global regulatory framework. Crafting a Global Crypto Regulatory Structure…
India’s Central Bank to Introduce Digital Currency as a Secure and Efficient Alternative, Says RBI Official
In recent years, there has been a surge in interest in cryptocurrencies like Bitcoin, Ethereum, and others. While some countries have embraced these digital currencies, others have been more cautious. India, for example, has been grappling with how to regulate…