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$508.49
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Central Bank Digital Currency

Qatar launches CBDC testing for wholesale payments
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6 June, 2024

Qatar launches CBDC testing for wholesale payments

Qatar Central Bank announced this week that it had completed developing the CBDC infrastructure and that it would leverage AI...
Indian banks offer incentives to lift e-rupee use as wholesale CBDC usage plunges
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6 June, 2024

Indian banks offer incentives to lift e-rupee use as wholesale CBDC usage plunges

Local banks are actively offering cashbacks and reward points to woo customers into using the wholesale CBDC following a significant...
Israel’s digital shekel challenge targets innovative CBDC applications
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6 June, 2024

Israel’s digital shekel challenge targets innovative CBDC applications

The Bank of Israel launched the challenge to explore the feasibility of issuing a digital shekel, inspired by the Bank...
More details on Project Agorá—the plan to tokenize correspondent banking
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5 June, 2024

More details on Project Agorá—the plan to tokenize correspondent banking

The Bank for International Settlements is banking on its Project Agorá to address the declining number of correspondent banks worldwide...
Brazil delays DREX CBDC launch over privacy concerns
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3 June, 2024

Brazil delays DREX CBDC launch over privacy concerns

Similar to developed nations, Brazil also shows great concerns regarding the privacy of CBDCs despite conducting several trials to address...
Spain’s central bank launches third wholesale CBDC trial
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30 May, 2024

Spain’s central bank launches third wholesale CBDC trial

The Bank of Spain launched two CBDC trials earlier this year and has now announced a third one with IT...
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