CBDC

Nigeria has become the first African country to roll out a central bank digital currency (CBDC). The Central Bank of Nigeria (CBN) worked with blockchain and payments startup Bitt Inc. to launch the eNaira. Bitt CEO Brian Popelka shares insights into the partnership and eNaira's use cases. Plus, implications for privacy and financial inclusion.

29 okt 2021

The official unveiling of the eNaira, Nigeria’s central bank digital currency (CBDC), happened Monday. It is designed to complement the country's physical currency, not replace it, according to an official announcement. This comes as Nigeria banned crypto transactions within its banking sector in February. "The Hash" panel discusses the latest digital payments momentum from Nigeria signaling further control of the money supply, and the wider outlook for CBDCs at large.

25 okt 2021

Nigeria’s central bank digital currency (CBDC), the eNaira, is live following an announcement by President Muhammadu Buhari Monday. Olumide Adesina, CoinDesk contributor and Nigeria-based certified investment trader, discusses the potential impact of the launch for financial inclusion, privacy, and decentralized crypto.

25 okt 2021

Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.

6 okt 2021

During Thursday’s House Financial Services Committee meeting, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies but signaled stablecoins need greater regulatory oversight. Committee member Rep. Tom Emmer (D-Minn.) reacts.

1 okt 2021

“The Hash” panel discusses the specifics, reactions, and implications for the Bank of England reportedly telling its ministers to decide whether a central bank digital currency (CBDC) should be “programmable,” allowing the issuer to control the way the recipient spends it.

23 sep 2021

According to the People's Daily, China aims to build an international clearing and settlement network for mobile payments using the digital yuan, saying renminbi (RMB) internationalization is inevitable. Meanwhile, the central government is tightening its grip on control as it's now issuing guidance for time spent on video games. "The Hash" hosts discuss the latest on ​China's central bank digital currency (CBDC) pilot, its implications for global finance, and if China's political model impedes innovation.

30 aug 2021

Poly Network says stolen assets are mostly returned. Samsung reportedly joins South Korea CBDC pilot. Indian-founded Rario launches cricket NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

13 aug 2021

Samsung Electronics will reportedly take part in the Bank of Korea (BOK)'s central bank digital currency (CBDC) pilot with a focus on remittances. ​The electronics giant plans to test the functionality of the pilot with its Galaxy smartphone and look at whether transactions can be completed without internet availability. "The Hash" squad discusses the implications for tech innovation in the crypto space in South Korea, which was once hailed as the next global blockchain hub.

12 aug 2021

The island nation of Grenada has executed the first successful retail central bank digital currency. The CBDC, called DCash, was created in a partnership between the Eastern Caribbean Central Bank and the tech firm, Bitt. Simon Chantry, Bitt CEO, joins "First Mover" to discuss DCash's test run and the implications of CBDCs for digital payments around the world.

1 mrt 2021