Global #CBDC

The Central Bank of Brazil (BCB) has embarked on a groundbreaking partnership with Chainlink, Microsoft, Banco Inter, and 7COMm to develop its new Central Bank Digital Currency (CBDC), DREX.

As the 2024 U.S. elections approach, digital assets are emerging as a pivotal political issue, prompting industry executives and advocates to urge candidates to adopt pro-crypto policies.

Norges Bank, Norway's central bank, is taking a measured approach to the development of a Central Bank Digital Currency (CBDC).

According to Dante Disparte, Chief Strategy Officer and Head of Global Policy at stablecoin issuer Circle, the United Kingdom is poised to introduce formal regulations for stablecoins in the coming months.

As the digital rupee, India's Central Bank Digital Currency (CBDC), enters its second year of pilot testing, regulators are expressing growing concern over the risks associated with private cryptocurrencies.

In a significant update last week, the Bank of Canada announced a shift in its approach to central bank digital currency (CBDC) development, moving away from the idea of a retail digital Canadian dollar.