Status : Research
Usecase : Undecided
The Bank of Central Africa States, of which CAR is a member, is exploring the creation of a common CBDC for its members
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United states
Status : Development
Usecase : Retail, Wholesale
Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell have reaffirmed the United States’ interest in a digital dollar. At the NYTimes Dealbook Conference, in response to our tracker, Secretary Yellen said: “I think it [the digital dollar] could result in faster, safer, and cheaper payments, which I think are important goals.” During a testimony before the Senate Banking Committee, Powell began by confirming, “We are looking carefully, very carefully at the question of whether we should issue a digital dollar.”
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House advances 3-year extension of federal surveillance program
The House has approved a three year extension of the surveillance program known as FISA Section 702. The bill now heads to the Senate, where it faces a difficult path to final passage.
Read MoreHouse passes 3-year FISA 702 extension
The bill now moves to the Senate, where it could face obstacles in clearing reauthorization because of a measure that bars the Federal Reserve from issuing digital currency.
Read MoreGold Backs: The last bastion of financial freedom in a collapsing fiat world
Every fiat currency in history has collapsed and the U.S. dollar is no exception. The Federal Reserve’s policies have systematically looted purchasing power, with real inflation (using pre-1980s metrics) already at 10-15% annually. Gold, with 5,000 years as h…
Read MoreJustice Department Ends Probe of Fed Chair Powell, Clearing Path for Warsh Confirmation
The Justice Department closed the Jerome Powell probe, removing a barrier to Senate action on Kevin Warsh's Federal Reserve nomination.
Read MoreThe next Fed chair has crypto exposure in portfolio. Here are the details
Kevin Warsh's financial disclosure reveals stakes in DeFi protocols, Ethereum scaling networks, a Bitcoin Lightning startup, and prediction markets — all of which he's promised to sell.
Read MoreGold Backs: A revolutionary return to sound money
The book “Gold Backs: The Future of Honest Money in a Digital Age” points out that modern money, backed only by government decree, has lost 85% of its purchasing power since 1971 – silently taxing savers while enriching central banks. The book exposes this ri…
Read MoreChina Expands Digital Yuan
China has just taken another decisive step toward the future of money, and once again, the West is pretending this is simply about “payment efficiency.” The People’s Bank of China has now expanded its digital yuan program by adding 12 additional banks, bringi…
Read MoreSimon Dixon: Psychological trauma is the real pandemic, governments may confiscate assets to control capital flight, and we’re transitioning to a multipolar world | The Peter McCormack Show
Governments may seize or tax assets to curb capital flight amid rising global economic disparities. The post Simon Dixon: Psychological trauma is the real pandemic, governments may confiscate assets to control capital flight, and we’re transitioning to a mult…
Read MoreIMF Issues Warning on Financial Stability Risks from Tokenization
Introduction The International Monetary Fund (IMF) has warned that the growing practice of tokenizing traditional financial assets could import risks from cryptocurrency markets into the broader, regulated financial system. This warning was issued in the IMF’…
Read MoreXRP Price Prediction 2026: Expert Analysis & Market Forecast
The question of where Ripple’s native digital asset is heading has gained more attention than ever before. Making a reliable XRP price prediction for 2026... The post XRP Price Prediction 2026: Expert Analysis & Market Forecast appeared first on Bitcoin Found…
Read MoreVietnam
Status : Research
Usecase :
Vietnam’s Ministry of Finance has formed a research group to explore digital currencies, with a timeline for CBDC development set from 2021 to 2023. In June 2022, Soramitsu, a Japanese company, announced its plans to conduct feasibility studies for CBDCs in Vietnam and the Philippines. The State Bank of Vietnam, Atlantic Council Research, and vietnamnews.vn are sources for this information.
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Laos
Status : Development
Usecase : Retail, Wholesale
The Bank of the Lao began its partnership with Soramitsu in October 2021. However, the PDR has yet to determine if it will issue a CBDC. The Japan International Cooperation Agency is working on the project jointly with the central bank, as part of a wider push to promote socioeconomic development in Laos. The research is set to explore a multi-currency, wholesale pathway as well. In 2023, Laos began developing and testing a proof-of-concept with Soramitsu. During this pilot, the Bank of the Lao PDR issues a CBDC to a temporary commercial bank that then distributes it to individual users to test the payment method at participating retail outlets. This trial is a modified version of Bakong platform launched in Cambodia.
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Kazakhstan
Status : Pilot
Usecase : Retail
Kazakhstan began considering a Digital Tenge in May 2020. In June 2020, Kazakh officials revealed the nation’s digital currency development plan to experts from Russia and China. In May 2021, the National Bank of Kazakhstan (NBK) announced that it plans to pilot the Digital Tenge. In a December 2021 report, Kazakhstan revealed that it had built a prototype along with domestic banks. In October 2022, the NBK announced additional pilot testing to run through 2025 and that it will test the Digital Tenge on Binance’s blockchain network.
Relevant News
Kazakhstan Is Launching a National Stablecoin on Solana
Kazakhstan launches Evo stablecoin on Solana with Mastercard, aiming to bridge TradFi and Web3 through strong local support.
Read MoreKazakhstan central bank reviews digital tenge pilot successes, next steps
The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
Read MoreVisa and Mastercard power Kazakhstan’s CBDC debit cards
Digital tenge also designed to ensure “targeted and efficient government spending”
Read MoreKazakhstan officially launches digital tenge
The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency.
Read MoreKazakhstan establishes regulatory agency to implement CBDC
The National Payment Corporation will be responsible for the development of “digital financial infrastructure”, including the implementation of the digital tenge.
Read MoreKazakhstan’s digital currency in pilot stage, per Binance, national bank joint report
The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
Read MoreKazakhstan explores crypto co-existence in Binance CBDC trials
World’s largest crypto exchange working on crypto regulation in other central Asian states
Read MoreKazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025.
Read MoreKazakhstan to build central bank digital currency on BNB Chain
Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain.
Read MoreKazakhstan to Integrate its Digital Tenge into the BNB Chain
Binance CEO has confirmed the National Bank of Kazakhstan will integrate its Digital Tenge into the BNB Chain ecosystem
Read MoreEquatorial guinea
Status : Research
Usecase : Undecided
The Bank of Central Africa States, of which Equatorial Guinea is a member, is exploring the creation of a common CBDC for its members
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No news available
Uganda
Status : Research
An announcement regarding CBDC exploration was made in February 2022. In April 2022, the Bank of Uganda held meetings with the temtum group, a blockchain technology company. In a May 2022 interview, the Bank of Uganda announced that it is conducting a preliminary study to consider a CBDC and the policy objectives that it would address.
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