The Central Bank of Chile has delayed its plans for a central bank digital currency (CBDC) saying the issuance of a digital Chilean peso requires a deeper analysis of the
Category: central bank digital currency
Nigeria upgrades CBDC as crypto restrictions cripple fintech industryNigeria upgrades CBDC as crypto restrictions cripple fintech industry
The Central Bank of Nigeria (CBN) is moving ahead with plans to upgrade the country’s central bank digital currency (CBDC) to be used on a wider range of goods and
More than three-quarters of central banks considering a CBDC: researchMore than three-quarters of central banks considering a CBDC: research
More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC. The
Digital Pound Foundation launches to promote CBDC development in the UKDigital Pound Foundation launches to promote CBDC development in the UK
The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
Laos partners with Soramitsu on CBDC research as regulated crypto mining beginsLaos partners with Soramitsu on CBDC research as regulated crypto mining begins
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like.
CBDCs could cut cross border remittance costs by half: BIS reportCBDCs could cut cross border remittance costs by half: BIS report
The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.
India CBDC pilot may commence in December, says RBI governorIndia CBDC pilot may commence in December, says RBI governor
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe.
81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched
Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in May last year. In addition,
64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report
As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise blockchain firm Guardtime recently
India’s Central Bank RBI Unveils Plan to Launch Digital Currency in PhasesIndia’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would