Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
The Central Bank of Brazil disclosed a new set of use cases that will be part of the…
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American retailer Target to roll out AI chatbot in US stores by August
The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to…
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC,…
South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems,…
Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says
A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new…
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham,…
Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll
While over half of Russians are willing to put some money into their nation’s digital ruble, only 2%…
Australia’s CBDC Likely Some Years Away, Central Bank Says
Australia will not be making any decision on a central bank digital currency (CBDC) for some years due…
Uzbekistan Okays New Private Bank For National Crypto Card Project
The Republic of Uzbekistan has approved the participation of another private bank in its ongoing national crypto card…
Russia to Test Digital Ruble in 11 Cities, Moscow Subway
Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia…