The Bank of Ghana announced the piloting of eCedi, a Central Bank Digital Currency (CBDC) by issuing a 32-page Design Paper of the Digital Cedi (eCedi). Governor of the...
In cities across China, the country’s central bank has begun rolling out the e-renminbi—an all-digital version of its paper currency that can be accessed and accepted by merchants and...
Ripple is piloting a private version of the public, open-source XRP Ledger that provides Central Banks a secure, controlled and flexible solution for the issuance and management of digital...
Finance Minister Nirmala Sitharaman said that the cryptocurrency bill has been tabled before the Union Cabinet and is awaiting approval The Indian government has been sitting on the fence...
Banco Central de Reserva, the central bank of El Salvador, released a draft of proposed regulations related to interactions between the banking sector and the Bitcoin ecosystem this week,...
Joanna Ossinger The creation of central bank digital currencies to address economic inequality with new retail loan and payments channels must be designed so they don’t “cannibalize” a country’s...
By BARRY EICHENGREEN, Professor of Economics, University of California at Berkeley. Some say that issuance of central bank digital currencies will transform the international monetary status quo by eroding...
At a short ceremony this morning, Bank of Jamaica (BOJ) minted Jamaica’s first batch of central bank digital currency (CBDC). A total of J$230 million dollars in CBDC will...
This note analyzes the benefits and costs of issuing a central bank digital currency, or CBDC. A central bank digital currency is not simply paper currency in digital form:...