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CBDC


Policy

Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase

The Bank of England is recruiting academics for its central bank digital currency engagement forum and asking stakeholders for more information.

By Camomile ShumbaAug 9, 2023

Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase

Policy

Russia to Test Digital Ruble With Banks, Clients

The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.

By Sandali HandagamaAug 9, 2023

Russia to Test Digital Ruble With Banks, Clients

Policy

Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report

Jeju, Busan and Incheon are in the running to be considered.

By Camomile ShumbaJul 31, 2023

Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report

Policy

Putin Signs Digital Ruble Law Making a CBDC Possible in Russia

The new law describes a legal framework for a central bank digital token

By Anna BaydakovaJul 24, 2023

Putin Signs Digital Ruble Law Making a CBDC Possible in Russia

Finance

Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar

While FedNow is currently not tied to any initiative for a digital U.S. dollar or the crypto space in general, experts warn that the system might end up as a precursor to the infrastructure for a central bank digital currency.

By Helene BraunJul 21, 2023

Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar

Policy

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

Banque de France said it ran multiple experiments to test central bank digital currencies for wholesale payments, issued "directly on" distributed ledger technology.

By Amitoj SinghJul 21, 2023

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

Policy

Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs

Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.

By Jack SchicklerJul 20, 2023

Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs

Policy

Ron DeSantis Promises to Ban CBDCs if Elected President

The U.S. presidential candidate in March signed a bill as Florida’s governor to prohibit the use of CBDCs within his state.

By Krisztian SandorJul 17, 2023

Ron DeSantis Promises to Ban CBDCs if Elected President

Policy

15 Retail CBDCs Likely by 2030, BIS Study Says

A survey conducted by the Bank for International Settlements also found 93% of central banks worldwide were engaged in digital currency work in 2022.

By Jack SchicklerJul 10, 2023

15 Retail CBDCs Likely by 2030, BIS Study Says

Policy

Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China

The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.

By Lavender AuJul 5, 2023

Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China

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