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CBDC


Policy

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada's central bank has said it is shifting its focus to broader payments system research and policy development.

By Amitoj SinghSep 23, 2024

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Policy

Australia to Prioritize Wholesale CBDC Over Retail

The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.

By Camomile ShumbaSep 18, 2024

Australia to Prioritize Wholesale CBDC Over Retail

Policy

Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use

The central bank wants to promote the widespread use of the digital ruble.

By Camomile ShumbaSep 12, 2024

Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use

Policy

Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot

In May 2023, the BCB selected 14 participants for the first phase of the pilot.

By Andrés EnglerSep 5, 2024

Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot

Policy

India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.

By Amitoj SinghAug 26, 2024

India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

Policy

Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond

The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.

By Camomile ShumbaJul 29, 2024

Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond

Policy

Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters

As of May 2024, 134 countries or jurisdictions, representing 98% of global GDP, were exploring a CBDC.

By Amitoj SinghJul 10, 2024

Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters

Policy

China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report

Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.

By Jamie CrawleyMay 13, 2024

China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report

Policy

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

Yao Qian is reportedly being investigated for "violations of discipline and law."

By Sandali HandagamaApr 26, 2024

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

Policy

New Zealand Starts Digital Cash Consultation

The consultation paper asked its citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.

By Camomile ShumbaApr 18, 2024

New Zealand Starts Digital Cash Consultation

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