CBDC

August 28, 2024

RBI Proposes Plug-and-Play System for Enhanced Cross-Border Payment Efficiency

The Reserve Bank of India (RBI) has put forward a transformative proposal aimed at revolutionizing cross-border payments. At a recent conference, RBI Governor Shaktikanta Das advocated […]
July 08, 2024

Taiwan’s Central Bank Advances Thoughtfully Towards Digital Currency Innovation

Yang Chin-long, President of the Central Bank of the Republic of China, emphasizes a deliberate approach in developing a central bank digital currency (CBDC), focusing on […]
June 05, 2024

Germans split on digital euro, most don’t know what it is: Survey

German Attitudes Towards the Digital Euro A recent survey conducted by Deutsche Bundesbank reveals insights into German perceptions of the digital euro, the European Central Bank’s […]
May 17, 2024

Hong Kong digital yuan pilot lacks P2P capabilities

Hong Kong has initiated a pilot program for the digital yuan, the central bank digital currency (CBDC) issued by the People’s Bank of China (PBoC).   […]
May 13, 2024

Chinese workers paid in CBDC are cashing it out for real money: Report

China’s digital currency project encounters hurdles as reports suggest that some state employees receiving “e-CNY” or digital yuan are converting it to physical cash due to […]
May 09, 2024

Rwandan central bank proceeds with ambitious retail CBDC project

The National Bank of Rwanda (BNR) has taken a significant step towards embracing digital currency innovation by initiating a feasibility study on a retail Central Bank […]
May 07, 2024

Central banks must revise business model, embrace CBDCs — ECB member

Joachim Nagel, president of the Bundesbank and ECB member, emphasized the critical need for central banks to reassess their business models and swiftly adopt central bank […]
April 17, 2024

Israeli central bank official says CBDC competition with banks is good for economy

In a speech published on the central bank’s website, Bank of Israel deputy governor Andrew Abir presented a contrarian view regarding the impact of central bank […]
March 12, 2024

Israel announces plans for interest-bearing shekel CBDC

Israel’s central bank, the Bank of Israel, has unveiled plans to introduce a new digital shekel central bank digital currency (CBDC) with the option of bearing […]

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