The National Bank of Kazakhstan (NBK) has created a separate institution that will lead the development and implementation of a central bank digital currency (CBDC) in the country. The National…

On September 20, the U.S. House Financial Services Committee will consider two bills aimed at preventing the potential issuance of a central bank digital currency (CBDC) in the United States….

The Hong Kong Monetary Authority (HKMA), the National Bank of Kazakhstan, and the central bank of another unnamed country will participate in a beta test of SWIFT’s technical solution for…

The central banks of Hong Kong and Israel, in cooperation with the Bank for International Settlements (BIS), have published the results of Project Sela, a joint project aimed at exploring…

The U.K.’s central bank digital currency (CBDC) project has successfully passed the proof-of-concept stage, and the country’s authorities are ready to begin piloting the digital pound using the Regulated Liabilities…

India’s central bank digital currency (CBDC) has gained new functionality through integration with the Unified Payments Interface (UPI) national payment system. Indian commercial bank YES BANK, one of the first…

Jamaica’s central bank digital currency (CBDC) is ready to be accepted by bus and taxi drivers, with the expectation that it’ll simplify financial operations and improve efficiency.  Bus and cab…

The adoption of central bank digital currencies (CBDC) in emerging economies has been faster than in developed countries. So far, 11 developing countries have launched or are testing CBDCs, while…

Central bank digital currencies (CBDC) and DLT-based payment solutions can significantly shorten securities settlement cycles. Indeed, 89% of financial industry participants expect their local markets to move to T+1 or…

The Reserve Bank of Australia completed a pilot project of a central bank digital currency (CBDC), identifying four key areas where the introduction of the digital Australian dollar (eAUD) could…