European Central Bank Advances Digital Euro Project to Preparation Phase

European Central Bank (ECB) Advances Digital Euro Project to Preparation Phase

The European Central Bank (ECB) is gearing up to bolster the euro’s digital future. In an announcement made today, the ECB disclosed its decision to transition into the next stage of the digital euro project, marking the commencement of the preparation phase. This development comes on the heels of an extensive investigation phase that began […]

The Future of Central Bank Digital Currency

The Future of Central Bank Digital Currency

Source: Ripple As 2023 unfolds, the future of digital currencies backed by central banks is accelerating.  According to a new report from Juniper Research, the global value of central bank digital currencies (CBDCs) will grow dramatically from $100 million today to $213 billion by 2030. Why is this high growth in CBDC adoption and use […]

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot

Source: Ripple The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the digital currency’s introduction […]

Snapshot: Which countries have made the most progress on CBDCs so far in 2023

Snapshot: Which countries have made the most progress on CBDCs so far in 2023

Source: Atlantic Council 2023 is already shaping up to be a major year in central bank digital currency (CBDC) exploration. As of March 1, sixty-five countries are in the advanced stage of development, and over twenty central banks have launched their pilots, including Brazil, Japan, and Russia. To dive deeper into these countries, follow our CBDC […]

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