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Central Bank Digital Currency

Bahamas to launch Sand Dollar digital currency in October
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19 September, 2020

Bahamas to launch Sand Dollar digital currency in October

The Bahamas, a country of 400,000 people, has been pilot testing its digital currency—the Sand Dollar—since December 2019.
CBDCs to replace fiat in at least 3 countries by 2030: report
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11 September, 2020

CBDCs to replace fiat in at least 3 countries by 2030: report

Dutch group dGen notes at least 3-5 countries would have their own central bank digital currencies in place by the...
Mastercard launches CBDC test platform
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9 September, 2020

Mastercard launches CBDC test platform

Mastercard has launched a central bank digital currency (CBDC) test platform.  “The platform enables the simulation of issuance, distribution, and

Brazil targeting a 2022 launch for its CBDC
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8 September, 2020

Brazil targeting a 2022 launch for its CBDC

The CBDC will be part of the plan to digitize Brazil’s payment system, including launching an instant payments system and...
Bermuda launches stimulus token, but no plans for CBDC
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5 September, 2020

Bermuda launches stimulus token, but no plans for CBDC

Bermuda has launched a digital token to stimulate the local economy following the COVID-19 pandemic.
South Korea central bank seeks partner to build its CBDC architecture
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3 September, 2020

South Korea central bank seeks partner to build its CBDC architecture

Bank of Korea is looking for a firm to partner with on the CBDC’s second phase which involves building the...
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