Among the responses, the bank said it had received a number of helpful technical contributions on how best to realize the digital euro.
U.S. Securities and Exchange Commissioner Hester Peirce has updated her proposal to let digital currency startups sell tokens as initial coin offerings (ICOs) without going against the rule of law.
The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the country.
The main obstacle encountered during the trial was scalability, which it identified as a potential bottleneck to adoption, according to Riksbank.
In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the Sansha city municipal government.
Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in the country.
A list of celebrity tech investors is looking into the latest buzzword in the blockchain industry—non-fungible tokens (NFTs).
The central bank of Japan has started the first phase of a feasibility study with a goal of testing the CBDC’s basic functions including issuance, distribution and redemption.
ECB President Christine Lagarde set out the intricate decision making process involved for the bank in a Bloomberg interview, in which she indicated it may be 2025 before any digital currency would be ready.
The test bridges the gap between mainstream finance and blockchain technology without relying on a central bank digital currency.
The Liaison and Coordination Committee will focus on facilitating smooth implementation of the proof of concept for the central bank digital currency.