Central Bank Digital Currency Archives

Bank of Israel weighs options for launching CBDC

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21 April, 2023

Bank of Israel weighs options for launching CBDC

Israel has decided against launching a digital shekel but remains open to its possible development, noting that global powers and...

Bank of England braces for widespread use of tokenization

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Wahid Pessarlay

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20 April, 2023

Bank of England braces for widespread use of tokenization

Acknowledging the rising popularity and adoption of tokenization, BoE's John Cunliffe says the central bank is looking into the possibility...

IMF: CBDC will solve Jordan’s cross-border challenges

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Wahid Pessarlay

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20 April, 2023

IMF: CBDC will solve Jordan’s cross-border challenges

Launching a CBDC would open a pathway for Jordan to improve its domestic payment systems, but the IMF warned that...

IMF to issue CBDC handbook as several countries reach out for guidance

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Wahid Pessarlay

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18 April, 2023

IMF to issue CBDC handbook as several countries reach out for guidance

As more countries venture into CBDCs, the IMF bares its plan to publish a guidebook to help develop regulated tokens...

Sweden CBDC phase 3 trials focus on governance, programmability issues

Business

Wahid Pessarlay

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17 April, 2023

Sweden CBDC phase 3 trials focus on governance, programmability issues

Riksbank noted that it faces multiple design options for the governance of its CBDC, dubbed e-krona, each offering distinct benefits...

G7 pledges to assist developing nations with CBDCs under global framework

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Wahid Pessarlay

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17 April, 2023

G7 pledges to assist developing nations with CBDCs under global framework

Japan's finance diplomat Masato Kanda stated that launching CBDCs pose significant risks to the financial systems, and as head of...

Jamaica’s finance ministry launches incentive program to trigger CBDC growth

Business

Wahid Pessarlay

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16 April, 2023

Jamaica’s finance ministry launches incentive program to trigger CBDC growth

Since its launch in 2022, about 190,000 Jamaicans have signed up for the JAM-DEX wallet, with total transaction activity valued...

UK central bank to set up 30-member Britcoin team: report

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Steve Kaaru

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13 April, 2023

UK central bank to set up 30-member Britcoin team: report

Bank of England is ramping up its central bank digital currency efforts and hiring developers, security architects, and more despite...

Texas lawmakers push for gold-backed state digital currency

Business

Wahid Pessarlay

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13 April, 2023

Texas lawmakers push for gold-backed state digital currency

Bryan Hughes and Mark Dorazio submitted new bills to the Texas lawmaking bodies on March 10, seeking to use gold...

ANZ, Grollo team up to complete CBDC use case scenario in carbon credit trading

Business

Wahid Pessarlay

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13 April, 2023

ANZ, Grollo team up to complete CBDC use case scenario in carbon credit trading

The latest development now allows the trading of tokens on publicly distributed ledgers in real-time, which was made possible by...

Business

Wahid Pessarlay

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12 April, 2023

Peru boards CBDC train with IMF help

Peru moves closer toward the development of a CBDC in a move intended to improve the country's monetary and financial...

Business

Wahid Pessarlay

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7 April, 2023

BIS backs central bankers on tracking digital currency data under new project

Building on Project Icebreaker, the BIS introduced a new scheme that would partner with top banks to help support the...

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