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 […]
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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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]
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 […]
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 […]