RBZ’s CBDC set to be used for transacting in a month
The bank hopes to use the CBDC to tackle hyperinflation in the country and provide an alternate store of value for Zimbabweans.
CBDC
EMTECH releases Web3-enabled CBDC innovation kit
The kit provides the tools to develop and test new CBDC-based products and services.
Economist urges Zimbabwean government to consider paying civil workers in gold
Zimbabwe's government has been urged to pay civil servants with gold-backed CBDC and coins amid plunging economy.
IMF warns that unregulated cryptocurrencies could threaten financial stability
The IMF has previously shown its disapproval of cryptocurrencies and other digital assets and has called for their regulation and control.
Central Bank of Nigeria upgrades eNaira with NFC feature
A deputy director with the bank said the CBN has introduced Near Field Communication (NFC) technology to enable contactless payments with the eNaira.
BIS highlights cybersecurity risks, proffers framework for ‘secure’ CBDC systems
BIS says a security breach in a CBDC system could erode public confidence and trust in the digital currency infrastructure and the central bank involved while leading to a ripple effect of damage.
Ripple Labs exploring real-world use cases of CBDCs and stablecoins
The company has proposed a system to tokenize real estate assets and use them as collateral for loans.