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04-10-2025

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Central Bank Digital Currency

Chinese consumers spend 8.8 million in digital yuan trial
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26 October, 2020

Chinese consumers spend 8.8 million in digital yuan trial

Equivalent to around $1.3 million in spend, Shenzhen residents reportedly turn to the as-yet-unreleased digital currency for payments in a...
New Zealand central bank chief says ‘no plans’ for CBDC
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24 October, 2020

New Zealand central bank chief says ‘no plans’ for CBDC

There are currently no imminent plans to launch a central bank digital currency in New Zealand, according to a Reserve...
Philippines central bank says no imminent digital currency
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23 October, 2020

Philippines central bank says no imminent digital currency

The Bangko Sentral ng Pilipinas said significantly more research was required before it would champion a digital peso.
IMF: CBDCs give more control, but don’t solve every problem
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23 October, 2020

IMF: CBDCs give more control, but don’t solve every problem

While the technology may deliver benefits for policymakers, there were many crises CBDCs could not fix, according to the International...
Bank of Canada seeks new lead for CBDC initiative
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23 October, 2020

Bank of Canada seeks new lead for CBDC initiative

The candidate’s duties will include monitoring developments on CBDCs, digital payments and financial technologies around the world, as well as...
Bank of Japan says ‘no single CBDC to dominate global finance’
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21 October, 2020

Bank of Japan says ‘no single CBDC to dominate global finance’

The Japanese central bank is closely monitoring regional and global counterparts in their progress on CBDCs, according to Kazushige Kamiyama.
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