Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
The United Nations Conference on Trade and Development (UNCTD) presented policy issues and recommendations to check the fast pace of crypto adoption in developing countries.
Christian Nwobodo 2 min read 
Sango Coin recorded an inflow of $1.09 million within 24 hours of its initial offering, as the project criticism and declining market conditions continue.
China is doubling efforts to increase digital yuan adoption and usage by creating tailor-made products for the currency.
Nigeria's low-cost digital currency e-Naira is having gaining traction as banks are reluctant to promote it due to concerns that it will impact their revenue.
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.
Plans are in place to roll out a Taiwanese Central Bank Digital Currency, but concerns over privacy and abuse of power remain.
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
