Central Bank Digital Currency Archives

SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments

-

10 October, 2022

SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments

SWIFT's two experiments conducted in recent months proved that it was possible to move CBDCs on existing financial infrastructure.

Philippines CBDC would not be worthwhile at this point, finance chief says

Business

Steve Kaaru

-

9 October, 2022

Philippines CBDC would not be worthwhile at this point, finance chief says

Benjamin Diokno, who previously headed the central bank, believes that payment systems in the Philippines such as PesoNet are working...

US lawmakers want to look at Justice Department’s CBDC assessment

Business

Steve Kaaru

-

7 October, 2022

US lawmakers want to look at Justice Department’s CBDC assessment

House Republicans noted that only Congress has the power to coin money and regulate the value thereof, despite Biden’s order...

Ghana’s central bank backs CBDCs for financial inclusion

Business

Steve Kaaru

-

5 October, 2022

Ghana’s central bank backs CBDCs for financial inclusion

In a recent interview, the head of fintech at the Bank of Ghana backed state bank-backed digital currencies, saying that...

Hong Kong launches trials for more suitable use cases for e-HKD: report

Business

Wahid Pessarlay

-

5 October, 2022

Hong Kong launches trials for more suitable use cases for e-HKD: report

Eddie Yue, head of the HKMA, noted that the trials would involve commercial banks and are scheduled to begin sometime...

Russia eyes use of digital ruble in transacting with China

Business

Wahid Pessarlay

-

4 October, 2022

Russia eyes use of digital ruble in transacting with China

As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...

Bank of International Settlement wraps up mBridge cross-border CBDC pilot

Business

Wahid Pessarlay

-

2 October, 2022

Bank of International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...

French central bank to explore wholesale CBDCs and utility of tokenized bonds

Business

Wahid Pessarlay

-

1 October, 2022

French central bank to explore wholesale CBDCs and utility of tokenized bonds

Apart from considering the benefits of wholesale CBDCs, Villeroy de Galhau notes that the central bank is also looking to...

Reserve Bank of Australia seeks input on use cases for CBDC pilot program

Business

Jon Southurst

-

28 September, 2022

Reserve Bank of Australia seeks input on use cases for CBDC pilot program

Preparations are up for Australia's CBDC pilot initiative, with the release of a white paper rallying the industry to explore...

Bitcoin and CBDC: Co-existence of private money

Editorial

Dr. Michael Wehrmann

-

27 September, 2022

Bitcoin and CBDC: Co-existence of private money

In the CBDC playbook of nChain, the risks of CBDCs were discussed, especially "loss of privacy," and the BSV blockchain...

HKMA: Hong Kong inches toward launching wholesale CBDC

Business

Wahid Pessarlay

-

27 September, 2022

HKMA: Hong Kong inches toward launching wholesale CBDC

The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to...

European Central Bank recruits Amazon, 4 other firms to test digital euro

Business

Wahid Pessarlay

-

21 September, 2022

European Central Bank recruits Amazon, 4 other firms to test digital euro

Five fintech firms were selected for a special collaboration with the European Central Bank, which will see them test the...

Central Bank Digital Currency

Recent

Trending

Most Views