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Central Bank Digital Currency

Israel central bank teams up with Hong Kong to test retail digital currency
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21 June, 2022

Israel central bank teams up with Hong Kong to test retail digital currency

Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility...
Digital euro issuance would be capped at €1.5T, ECB’s Fabio Panetta says
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20 June, 2022

Digital euro issuance would be capped at €1.5T, ECB’s Fabio Panetta says

Fabio Panetta says that this would limit the risk of disintermediation of the banking system should the majority of people...
Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion
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19 June, 2022

Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion

The central bank believes that making the eNaira available to feature phone users will boost uptake, although some are skeptical...
Bangladesh exploring CBDC as an alternative to ‘risky’ private digital currencies
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19 June, 2022

Bangladesh exploring CBDC as an alternative to ‘risky’ private digital currencies

Minister of Finance AHM Mustafa Kamal revealed that the primary purpose of the CBDC will be to facilitate virtual transactions...
Reserve Bank of India deputy gov confirms 2023 launch for CBDC
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15 June, 2022

Reserve Bank of India deputy gov confirms 2023 launch for CBDC

T. Rabi Sankar's statement echoes the RBI's revelation in its annual report released earlier this month, where it said it...
Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies
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12 June, 2022

Reserve Bank of India deputy gov tells IMF: CBDCs can kill digital currencies

Speaking at a webinar series organized by the IMF, RBI Deputy Governor T. Rabi Sankar stated that the Indian central...
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