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Central Bank Digital Currency

Tokenized deposits gaining traction in India, central bank says
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21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI
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19 August, 2024

Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI

At a recent International Association of Deposit Insurers event, Michael Debabrata Patra, deputy governor of RBI, said that CBDC will...
Kyrgyzstan proposes new legislation to legalize CBDC
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19 August, 2024

Kyrgyzstan proposes new legislation to legalize CBDC

In April, the Kyrgyz Central Bank conducted a trial for the digital som and has now opened a public consultation...
European financial markets advocacy body suggests policy steps to scale DLT in capital markets
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13 August, 2024

European financial markets advocacy body suggests policy steps to scale DLT in capital markets

The Association for Financial Markets in Europe’s paper on digital finance outlines priorities for a "competitive financial market," and one...
Cambodia’s central bank uses CBDC to stifle dollarization of local economy
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13 August, 2024

Cambodia’s central bank uses CBDC to stifle dollarization of local economy

Riel payments via Bakong are up by over 50% since the launch of the offering, encouraged by several government initiatives...