Crypto News

Macau Unveils Plans for Digital Currency: Soft and Hard Wallet Options

Macau's Monetary Authority reveals plans for the 'Digital Macau Pataca', featuring both soft and hard wallets for easy access and use. The digital currency mirrors legal tender status, promoting va...

GFT and Red Date Technology Integrate Stablecoins and CBDC Sandbox into UDPN

GFT and Red Date Technology have successfully integrated Hedera-based stablecoins and the EMTECH CBDC Sandbox into the Universal Digital Payment Network (UDPN), enabling programmable payment applic...

Canada Moves Away from Retail CBDC Development Amid Changing Focus

The Bank of Canada has decided to scale down its retail CBDC development, redirecting efforts toward broader payment system research. While shelving the digital dollar for now, the bank remains ope...

IMF Proposes Key Strategies for Global CBDC Adoption

The IMF has released a new guide for enhancing global adoption of Central Bank Digital Currencies (CBDCs). The guide introduces the REDI framework, focusing on Regulation, Education, Design, and In...

Bank of Canada Redirects Focus from Retail CBDC to Payments Research

The Bank of Canada scales down its retail CBDC efforts to prioritize broader payments research and policy development, while maintaining wholesale CBDC initiatives.