What lies ahead for the future of money? As our economy and payment systems go increasingly digital, we’re witnessing the emergence of new forms of money: central bank digital...
Central bank digital currencies (CBDCs) have the potential to fundamentally alter the current monetary system. Potentially they could bring about a whole range of advantages compared to the status...
Some CBDC architects have foregone soothing assurances or ludicrous euphemisms for brusque honesty. Ivan Zimin, Director of the Financial Technologies Department of the Bank of Russia, puts it this...
On Nov. 14, the Human Rights Foundation (HRF) will launch its CBDC Tracker at the National Press Club in Washington, D.C. This new online tool tracks the development of Central Bank...
By Pratham Rawat The eNaira, Nigeria’s central bank digital currency (CBDC), was released over a year ago to widespread interest. However, as of October 2022, it barely had any...
The Central Bank of the Argentine Republic has accelerated its work on legislation to implement a CBDC in the country.After a series of remarks about the potential benefits of...
This article, survey some of the potential competitive effects of central bank digital currency (CBDC) on the market for commercial bank deposits, the market for means of payments, and...
Mastercard has completed a central bank digital currency pilot with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre. The project tested how authorized parties, who have...
Last November, the Reserve Bank of India launched its first wholesale CBDC pilot to settle government bond transactions. This week it started using the central bank digital currency (CBDC) in the...
The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will provide expert technical support.South Korea joins a growing number of nations launching...