CBDCs
World Economic Forum weighs in on CBDC adoption and DLT use cases
WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.
Cynthia Chung 3 min read
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Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
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Adoption
CryptoSlate Wrapped Daily: Fed’s Powell hawkish on inflation as BTC tumbles, Taliban ban crypto
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.
Adoption
Coinsilium CEO deems CBDCs a ‘small niche’ vs Bitcoin, other cryptocurrencies
Coinsilium CEO Eddy Travia said CBDCs will not bring down private cryptocurrencies as they fail to give consumers any advantage.
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CBDCs
Nigeria’s CBDC eNaira records $10M in transaction since October
Over 270,000 users actively used the Nigeria's eNaira CBDC since its launch and have completed transactions worth $10 million.
Adoption
UN Agency wants comprehensive crypto regulation in developing countries
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.
Adoption
Central African Republic’s Sango Coin sales go live, records only $1.09 million in 24 hours
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.
CBDCs
China to respect privacy of digital yuan users, eyes more adoption
China is doubling efforts to increase digital yuan adoption and usage by creating tailor-made products for the currency.
CBDCs
Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue
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.
CBDCs
Private but regulated tokens could beat CBDCs, Australian central bank chief says
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
