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Central Bank Digital Currency

Bank of Canada seeks new lead for CBDC initiative
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23 October, 2020

Bank of Canada seeks new lead for CBDC initiative

The candidate’s duties will include monitoring developments on CBDCs, digital payments and financial technologies around the world, as well as...
Bank of Japan says ‘no single CBDC to dominate global finance’
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21 October, 2020

Bank of Japan says ‘no single CBDC to dominate global finance’

The Japanese central bank is closely monitoring regional and global counterparts in their progress on CBDCs, according to Kazushige Kamiyama.
Bahamas seeks international use of Sand Dollar digital currency
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21 October, 2020

Bahamas seeks international use of Sand Dollar digital currency

Officials at the Central Bank of the Bahamas are looking at integrating the Sand Dollar into the global financial system.
New Russia rules to set limit on digital asset buy for retail investors
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19 October, 2020

New Russia rules to set limit on digital asset buy for retail investors

Chief amongst the proposals is a separation of “qualified” and “non-qualified” investors, with separate rules relating to each class.
McDonald’s and Starbucks not participating in digital yuan testing: report
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17 October, 2020

McDonald’s and Starbucks not participating in digital yuan testing: report

The American fast food giants were previously thought to have been among the 3,000 firms taking part in trials of...
Bank of Russia exploring central bank digital currency
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16 October, 2020

Bank of Russia exploring central bank digital currency

The Bank of Russia is formally exploring options for a central bank digital currency, which would create a “digital ruble”...
Australian central bank dismisses need for digital currency
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16 October, 2020

Australian central bank dismisses need for digital currency

Australia’s digital payments systems are adequate for the citizens’ needs, according to Tory Richards, head of payments policy at the...
G20 countries establish global stablecoin rules
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15 October, 2020

G20 countries establish global stablecoin rules

While recognizing the rise in prominence of CBDCs, the Financial Stability Board is challenging the effectiveness and comprehensiveness of the...
Bank of Japan publishes a CBDC report, to start pilot programs in 2021
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14 October, 2020

Bank of Japan publishes a CBDC report, to start pilot programs in 2021

The Bank of Japan believes that there’s a possibility of a surge in public demand for a CBDC, considering the...
Canada, UK, Japan and US release joint CBDC report
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13 October, 2020

Canada, UK, Japan and US release joint CBDC report

They are seeking to identify the principles necessary for any CBDC, to help other central banks around the world to...
US treasury official confirms ongoing central bank digital currency study
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13 October, 2020

US treasury official confirms ongoing central bank digital currency study

The U.S. Treasury Department is actively considering the benefits of a central bank digital currency, according to a ranking department...
South Korea banks and lawmakers call for new digital currency legislation
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13 October, 2020

South Korea banks and lawmakers call for new digital currency legislation

The National Assembly Seminar for the Virtual Asset Business Law argued the laws were needed to protect revenues and help...