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Kyrgyzstan President said Binance founder proposed to create a private digital asset bank
Kyrgyzstan’s President Sadyr Japarov disclosed last week that Binance founder Changpeng Zhao proposed to create a private digital asset bank, Bereket Bank. He also said the bank aims to attract large ...
Digital Euro Enters Next Phase as ECB Targets Technical Readiness by 2029
Europe accelerated its digital transformation as the European Central Bank advanced the digital euro into its next phase, setting the stage for technical readiness, future issuance, and a unified fina...
CBDC with Stablecoin Mechanics: Indonesia’s Digital Rupiah to Be Backed by Government Bonds
Bank Indonesia (BI) is advancing its central bank digital currency (CBDC) project with a new model that integrates stablecoin mechanics, making the upcoming digital rupiah one of the world’s first sov...
ECB Pushes For 2029 CBDC Launch — The Digital Euro Era Nears
European Central Bank officials kept a clear target this week: launch the digital euro in 2029. That goal was described as realistic by senior ECB figures, even as the bank said it will carry on with ...
Digital Euro: Unlocking a New Era for European Finance by 2029
BitcoinWorld Digital Euro: Unlocking a New Era for European Finance by 2029 The financial landscape of Europe is on the cusp of a profound transformation. The European Central Bank (ECB) has laid out ...
Indonesia Stablecoin: A Pivotal Move Towards a Digital Rupiah Future
BitcoinWorld Indonesia Stablecoin: A Pivotal Move Towards a Digital Rupiah Future Exciting developments are on the horizon for Indonesia’s financial sector! The nation’s central bank, Bank Indonesia, ...
Bolivia Evaluates Feasibility of Interbank CBDC Amid Growing Stablecoin Adoption
The Central Bank of Bolivia has taken preliminary steps to implement an interbank wholesale CBDC, saying it could benefit the modernization and security of the country’s financial system. By contrast,...
Kyrgyzstan Launches National Stablecoin, Sets Up Cryptocurrency Reserve: CZ
The country has also legally recognized its central bank digital currency (CBDC), the digital som, with plans to pilot government-related payments with it.
Kyrgyzstan’s Revolutionary National Stablecoin Unveiled on BNB Chain
BitcoinWorld Kyrgyzstan’s Revolutionary National Stablecoin Unveiled on BNB Chain A groundbreaking development is shaking up the digital finance world: Kyrgyzstan has officially launched its Kyrgyzsta...
Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access
Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank d...
Uganda Unleashes $5.5B Tokenization Push and CBDC Pilot as Kenya Finalizes Crypto Bill
Uganda has launched one of Africa’s most ambitious blockchain initiatives to date, a $5.5 billion real-world asset tokenization project paired with the country’s first central bank digital currency (C...
ECB Reveals Firms Selected to Build Core Infrastructure for Digital Euro Project
The European Central Bank just supercharged the digital euro’s momentum, locking in top-tier firms to build core infrastructure components that could revolutionize payments across Europe. European Cen...