CBDC

November 30, 2023

Digital Canadian dollar fails to impress despite high awareness

People who were aware of CBDCs were more reluctant to adopt the technology when compared with those who didn’t know about it.   The Bank of […]
October 26, 2023

Bank of Spain embraces ‘digital euro,’ explains its benefits

The digital euro will make electronic payments a vital piece of the financial system, the statement claims.   Spain’s central bank, Banco de España, has released […]
October 13, 2023

China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.   On October 11, China […]
October 05, 2023

Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says

The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows.   In the pursuit of establishing […]
September 26, 2023

mBridge CBDC project preparing for new members, launch of minimum viable product

The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified.   Project mBridge, an […]

Digital yuan app adds prepaid Mastercard, Visa top-ups for tourists

The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option.   Tourists who […]
September 18, 2023

US lawmakers advance legislation blocking the digital dollar

On Sept. 20, the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.   The U.S. House […]

Kazakhstan establishes regulatory agency to implement CBDC

The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge.   The National Bank of […]
July 24, 2023

Korean banks research stablecoin, CBDC alternative

Hana Bank plans to research certificates of deposit tokens, while Woori Bank’s research department has recently released a report on the tokens.   Private Banks in […]

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