
Central Bank Digital Currency
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10 June, 2024
Digital yuan app removes ‘pilot’ from description, fueling speculation for production
The People’s Bank of China has yet to formally announce a mainstream rollout of the digital yuan, and local authorities...
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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...
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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...
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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...
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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...
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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...