Central Bank Digital Currency

Philippines CBDC would not be worthwhile at this point, finance chief says
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9 October, 2022

Philippines CBDC would not be worthwhile at this point, finance chief says

Benjamin Diokno, who previously headed the central bank, believes that payment systems in the Philippines such as PesoNet are working...
US lawmakers want to look at Justice Department’s CBDC assessment
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7 October, 2022

US lawmakers want to look at Justice Department’s CBDC assessment

House Republicans noted that only Congress has the power to coin money and regulate the value thereof, despite Biden’s order...
Ghana’s central bank backs CBDCs for financial inclusion
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5 October, 2022

Ghana’s central bank backs CBDCs for financial inclusion

In a recent interview, the head of fintech at the Bank of Ghana backed state bank-backed digital currencies, saying that...
Hong Kong launches trials for more suitable use cases for e-HKD: report
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5 October, 2022

Hong Kong launches trials for more suitable use cases for e-HKD: report

Eddie Yue, head of the HKMA, noted that the trials would involve commercial banks and are scheduled to begin sometime...
Russia eyes use of digital ruble in transacting with China
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4 October, 2022

Russia eyes use of digital ruble in transacting with China

As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...
Bank for International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank for International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
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