Search results for: #CBDC

News | 3 weeks ago
2 minutes read
BIS Successfully Tested CBDC for Cross-Border Payments

The Bank for International Settlements (BIS) announced the end of an international project to study cross-border payments through central bank digital currencies (CBDC). Representatives of the Bank for International Settlements […]

Author: CoinsPaid Media Editor
News | 4 weeks ago
< 1 minutes read
Central Banks Explore Offline Functionality of CBDCs

India and Canada are independently exploring the offline functionality of central bank digital currencies (CBDC).  Two central banks are simultaneously exploring the offline functionality of CBDCs. The Reserve Bank of […]

Author: CoinsPaid Media Editor
News | 4 weeks ago
2 minutes read
Australian CBDC Pilot Coming Out of Ring-Fenced Environment

The Reserve Bank of Australia (RBA) is ready to begin testing a central bank digital currency (CBDC) with financial institutions, FinTech companies, and government regulators. The primary goal will be […]

Author: CoinsPaid Media Editor
News | 1 month ago
< 1 minutes read
Japan Launches CBDC Pilot Program

The Bank of Japan (BoJ) plans to launch a digital yen pilot project (CBDC) by May 2023.  The executive director of the Bank of Japan, Shinichi Uchida, announced plans to […]

Author: CoinsPaid Media Editor
News | 1 month ago
2 minutes read
CBDC Introduction in U.K. Could Lead to Increased Government Oversight

The U.K. government’s plans to develop and launch a central bank digital currency (CBDC) are drawing disapproval from the community. Members of the Tax Reform Council of the U.K. (TRC) […]

Author: CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
UAE Authorities Plan to Release CBDC

The issuance of a central bank digital currency (CBDC) will be part of the UAE’s financial infrastructure transformation program.  The Central Bank of the United Arab Emirates (CBUAE) unveiled a […]

Author: CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
Laos to Start CBDC Pilot Testing

The Bank of the Lao P.D.R. is partnering with Japan’s FinTech company Soramitsu to launch a central bank digital currency (CBDC) pilot project. The Payment Systems Department of the Bank […]

Author: CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
Digital Pound Pilot Project Not Launched Until 2025

Representatives of the Bank of England (BoE) and the government insist that the digital pound (e-GBP) should in no way affect the stability of the banking system or the availability […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
U.K. Authorities Recognize Need for CBDC

The U.K. government expressed concern about the declining use of cash in the country and is ready to recognize the need for a central bank digital currency (CBDC). The Bank […]

Author: CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
Chinese Government to Boost Popularity of e-CNY Through Propaganda

Authorities of the People’s Republic of China set key performance indicators (KPI) for the central bank digital currency (CBDC) for 2023. Officials demand to ensure e-CNY transaction volume growth and […]

Author: CoinsPaid Media Editor