Central Bank Digital Currency

Consortium to carry out first private digital sterling initiative in UK
-
23 August, 2022

Consortium to carry out first private digital sterling initiative in UK

The United Kingdom will become a testbed for the adoption of the first privately-led digital sterling program, paving the way...
FedNow is a better alternative to a CBDC, Federal Reserve governor says
-
22 August, 2022

FedNow is a better alternative to a CBDC, Federal Reserve governor says

Governor Michelle Bowman says that FedNow will address the issues that many Fedcoin fans have raised, reiterating her long-held anti-CBDC...
CBDCs key to maintaining monetary system in digital age: ECB research
-
22 August, 2022

CBDCs key to maintaining monetary system in digital age: ECB research

Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also...
China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan
-
21 August, 2022

China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan

The product is coming first to the city of Chengdu and will be developed by the Digital Research Institute, the...
Colombia eyes central bank digital currency adoption to fight tax evasion
-
20 August, 2022

Colombia eyes central bank digital currency adoption to fight tax evasion

Colombia is ramping up its fight against tax evasion with a plan to set up a digital bank currency. The...
Zimbabwe central bank invites public comments on CBDC
-
18 August, 2022

Zimbabwe central bank invites public comments on CBDC

The CBDC is one of the measures the central bank is looking to utilize in tightening monetary policy to "sustainably...
Advertisement