BOSTON – March 12, 2023 – Following the joint announcement by U.S. Treasury Secretary Janet Yellen and U.S. prudential regulators, all depositors with Silicon Valley Bank and Signature Bank,...
A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by...
Authored by Alasdair Macleod via GoldMoney.com There has been much comment over the likelihood that central bank digital currencies will be introduced. I conclude they are unnecessary — a...
The Bank of Canada has been conducting research to determine under what conditions a CBDC would be necessary and which design features would be relevant for Canadians with diverse...
According to the Bank for International Settlements (BIS), a retail central bank digital currency (CBDC) is a broadly available general purpose digital payment instrument, denominated in the jurisdiction’s unit...
The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). Ubin+...
Digitalisation is transforming our society, in practically every way imaginable. And money and payment systems are no exception, which begs the question: what will money and payment methods look...
Izabella Kaminska The Bank of England and His Majesty’s Treasury announced a joint consultationinto the feasibility of issuing a digital pound this week. The move followed in the footsteps...
The National Bank of Georgia (NBG) has been actively researching the capabilities, design, and potential use cases of central bank digital currencies (CBDCs) since 2020. CBDCs have the potential...
Indian banks and retailers have reportedly begun accepting contactless payments made with digital rupees. The move is part of the Reserve Bank of India’s retail central bank digital currency...