South Korea to Pilot CBDC at Retailers, Including 7-Eleven
Over the next three months, South Korea will conduct a trial run of its newly launched central bank digital currency ...
Tag: Central Bank Digital Currency
Explore the latest news and insights on central bank digital currencies (CBDCs), focusing on their development, implications for the global economy, and the future of digital finance.
As Powell Commits to No CBDC, Global Momentum Stalls
Fed Chair Jerome Powell’s firm stance that a central bank digital currency will not happen under his watch aligns the ...
Canadians Don’t See a Need for Digital Dollar
A recent report from the Bank of Canada highlights a central impediment to the adoption of central bank digital currencies ...
MIT Releases Source Code for CBDC Architecture
This week, MIT's Digital Currency Initiative (MIT DCI) unveiled the code of its latest research project, PArSEC (Parallelized Architecture for ...
BIS Survey Shows CBDCs Are Catching on Worldwide
Last year, 93% of central banks engaged in some form of CBDC work—not only marking a significant rise from previous ...
The Growing Influence of CBDCs in Latin America and the Caribbean
As the concept of a central bank digital currency—CBDC—digs for traction in the United States amid a fractured political climate, ...
NY Fed’s Pilot Signals Benefits to a Digital Dollar
A division of the Federal Reserve Bank of New York has concluded a monthslong test on the viability of a ...
Bank of England’s Project Rosalind Signals Support for CBDCs
After working on a pilot central bank digital currency (CBDC) project alongside the Bank of International Settlements (BIS) for a ...
India’s Finance Minister Strikes Cautious Tone on Digital Currency
During a recent event held in Bengaluru, Smt. Nirmala Sitharaman, the Finance Minister of India, spoke about how the country ...
CBDCs: What Central Banks Are Saying, a Look at Progress, More
As central bank digital currencies (CBDCs) continue their long migration from fanciful notion to nascent monetary tool to everyday financial ...
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