Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
Chinese authorities also busted a money laundering operation in Fujian where criminals used the digital yuan to launder 200 million RMB.
Oluwapelumi Adejumo 2 min read 
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
The U.S. Treasury requested feedback to provide perspective on its approach in drafting a crypto regulatory bill as directed by the executive order.
The Reserve Bank of India (RBI) is currently consulting fintech companies and asked four public sector banks to pilot India's CBDC project later this year.
Ripple has scored several partnerships in its CBDC drive, including a participation in the digital dollar sandbox initiative.
WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.
Federal Reserve Chairman Jerome Powell's comments on inflation, the Taliban's ban on crypto and much more in this edition of CryptoSlate Wrapped Daily.
Coinsilium CEO Eddy Travia said CBDCs will not bring down private cryptocurrencies as they fail to give consumers any advantage.
Over 270,000 users actively used the Nigeria's eNaira CBDC since its launch and have completed transactions worth $10 million.
