UAE Central bank launches strategy for a digital dirham
In an attempt to become a crypto hub, the UAE Central Bank has launched a…
India and UAE sign MoU for further collaboration in financial services
India and UAE have developed a robust relationship in terms of trade and payment systems…
Iran concludes pre-pilot for digital rial
The digital rial is expected to be distributed among users and financial institutions in the…
Bank of Russia to launch the digital ruble’s pilot project
The Deputy Governor of the Bank of Russia announced the details of the initial pilot…
Visa reveals upcoming plans with stablecoin settlements
The announcements were made at the StarkWare Sessions 2023, where a senior Visa executive expressed…
Kazakhstan on course to release its digital currency
The update on the digital tenge was announced in a joint report released by the…
Hong Kong-based blockchain company releases new payment system
The new payment system is expected to be used for stablecoins and CBDC, like how…
China’s digital yuan gets a slew of new use cases
The digital yuan also received the smart contract function, enabling users to win prizes, amongst…
Bank of Spain green lights euro-backed token project
The project, which would allow users to use the tokens, is a part of the…
Nigeria lays down plans for regulating ICOs and stablecoins
A report detailing the roadmap ahead for the payment systems in Nigeria mentioned various aspects…