
Central Bank Digital Currency
Tokenized deposits gaining traction in India, central bank says
Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI
At a recent International Association of Deposit Insurers event, Michael Debabrata Patra, deputy governor of RBI, said that CBDC will...
Kyrgyzstan proposes new legislation to legalize CBDC
In April, the Kyrgyz Central Bank conducted a trial for the digital som and has now opened a public consultation...
European financial markets advocacy body suggests policy steps to scale DLT in capital markets
The Association for Financial Markets in Europe’s paper on digital finance outlines priorities for a "competitive financial market," and one...
Cambodia’s central bank uses CBDC to stifle dollarization of local economy
Riel payments via Bakong are up by over 50% since the launch of the offering, encouraged by several government initiatives...
Indonesia CBDC trial enters second phase
The Bank of Indonesia conducted the first phase of its wholesale CBDC trial in the first half of 2024, focused...
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