According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas, and Peru have CBDC programs in various stages of development.
CBDC news
The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.
Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.
The Drex phase two pilot leverages Chainlink’s CCIP and Microsoft’s cloud infrastructure to innovate trade finance automation.
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments.
Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
Economic sanctions have a profound effect on international financial architecture, it turns out.
Jack Booth of the TON Society discussed the future of decentralization, the impact of CBDCs, and the path to mass crypto adoption.