Central Bank Digital Currency Archives

Reserve Bank of India targets 1M CBDC users before end of June 2023

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15 June, 2023

Reserve Bank of India targets 1M CBDC users before end of June 2023

To prevent shocking its financial system, the central bank says it will take a "calibrated approach" in launching the digital...

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’

Business

Wahid Pessarlay

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15 June, 2023

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’

NAFCU argued that regulatory guidelines for a digital dollar could only be achieved in consultation with Congress and stakeholders, including...

OECD rolls out new tax standards for digital currencies and CBDCs

Business

Wahid Pessarlay

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14 June, 2023

OECD rolls out new tax standards for digital currencies and CBDCs

Dubbed the Crypto-Asset Reporting Framework, the new tax reporting standard by the Organization for Economic Cooperation and Development received input...

Majority of Americans eye prospects of CBDC with skepticism: Cato Institute survey

Business

Wahid Pessarlay

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13 June, 2023

Majority of Americans eye prospects of CBDC with skepticism: Cato Institute survey

The report by Cato Institute and YouGov disclosed that 16% of respondents supported the digital dollar, nearly 34% of American...

A look back at the London Blockchain Conference 2023

Editorial

James Field

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13 June, 2023

A look back at the London Blockchain Conference 2023

For many, the London Blockchain Conference 2023 served as an avenue to showcase the power of blockchain, but it also...

Ex-central banker wants central banks to embrace competition for CBDC

Business

Wahid Pessarlay

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13 June, 2023

Ex-central banker wants central banks to embrace competition for CBDC

Jon Helgi Egilsson, an ex-chairman of Iceland's central bank supervisory board, opined that central banks might lose out on innovation...

UK’s central bank extends CBDC consultation deadline

Business

Wahid Pessarlay

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12 June, 2023

UK’s central bank extends CBDC consultation deadline

Bank of England calls for comments on whether or not non-U.K. residents “should have access to the digital pound, on...

Rosbank to allow use of digital currencies in settling cross-border transactions

Business

Wahid Pessarlay

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11 June, 2023

Rosbank to allow use of digital currencies in settling cross-border transactions

Russia pushes ahead with using digital currencies amid economic sanctions, with Rosbank devising plans to use them as cross-border transactions...

Bank of Israel explores options to boost adoption of proposed digital shekel

Business

Wahid Pessarlay

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11 June, 2023

Bank of Israel explores options to boost adoption of proposed digital shekel

The Bank of Israel laid out several initiatives to trigger mass adoption of its digital shekel, including using the CBDC...

Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area

Business

Wahid Pessarlay

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10 June, 2023

Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area

The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime...

CBDC not a priority for Kenya, central bank says

Business

Steve Kaaru

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9 June, 2023

CBDC not a priority for Kenya, central bank says

The bank issued a discussion paper a year ago, and after assessing the feedback, it says Kenya can solve its...

London Blockchain Conference 2023: The state of play and what’s to come with CBDCs

Business

James Field

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5 June, 2023

London Blockchain Conference 2023: The state of play and what’s to come with CBDCs

Just before lunch on Day 3 of the London Blockchain Conference, three industry experts treated the hungry crowd at the...

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