The Banco de México plans to roll out a national digital currency project in two years. The Banco de México has announced the launch of CBDCs on Twitter account of […]
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What Is the Digital Yuan? The digital yuan is a currency that the People’s Bank of China has developed, i.e. an analog and a complete addition to the traditional yuan. […]
Representatives of the Central Bank announced starting to test a prototype of the digital ruble platform after the New Year holidays. As part of the first stage of testing, the […]
A pilot program of digital hryvnia tested on the Stellar network was launched under the supervision of the National Bank of Ukraine. Stellar Development Foundation announced in its blog about […]
In addition to regulating cryptocurrencies, the Australian government, working with the Reserve Bank of Australia, is considering options for issuing CBDCs. The Australian government’s plans were revealed in an interview […]
According to a Cornell University professor, the Chinese government is developing digital yuan to avoid competition from large fintech companies. The main reason for developing e-CNY was China’s fear of […]
The media reported on the development of CBDCs by the central banks of Brazil and Peru. The expected launch dates are 2024 and 2031, respectively. Roberto Campos Neto, president of […]
What Is a Central Bank Digital Currency (CBDC)? How Do CBDCs Differ from Conventional Money? The state central bank issues digital currency and conventional money. The main difference is the […]
About 80% of central banks are exploring use cases involving CBDCs in 2021, with 40% already taking practical steps towards the implementation of their own digital currency, according to the […]
The Banque de France has reported on the successful testing of wholesale CBDC (wCBDC). A total of seven out of nine planned tests have been carried out. At the Swiss […]