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The United Arab Emirates (UAE) plans to roll out its digital dirham in the fourth quarter of 2025, marking a significant step toward the country's financial digitization efforts. According to Central Bank of the UAE (CBUAE) Governor Khaled Mohamed Balama, the blockchain-based central bank digital cu

Slovenia just pulled off a major first. It's the first EU country to issue a sovereign digital bond. The bond is worth €30 million. That's about $32.5 million. It offers a 3.65% coupon. The Slovenian government announced this officially. The bond matures on November 25, 2024. It was settled on-chain

Italy's state-owned bank CDP has taken the plunge into blockchain technology. They've just rolled out their first digital bond on the Polygon network. CDP teamed up with Intesa Sanpaolo, Italy's biggest bank, for this groundbreaking move. The bond is worth €25 million and will mature in 4 months. It

Ethiopia takes first step toward a central bank digital currency (CBDC) in a revolutionary economic reform. The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction. The National Bank of Ethiopia (NBE) has prepared a proclamation that includes the establishme

Israel has taken a significant step forward in its financial technology sector by launching a central bank digital currency (CBDC) experiment. Despite the ongoing conflict, the Bank of Israel (BoI) is forging ahead with the digital shekel project. The aim is to develop an advanced digital payments e