Central Bank Digital Currency
South Korea commits $14.5 million to experiment with CBDC, digital vouchers
South Korea is doubling down on its blockchain investment, with the latest being a $14.5 million investment to explore CBDC...
BIS: 9 new wholesale CBDCs to be launched by 2029 as retail CBDC interest wanes
The Bank for International Settlements has slashed its expectation of retail CBDC launches by 2029 to 6 from 11, but...
Ethiopia to establish CBDC framework following new banking reforms approval
The Banking Business Proclamation and the NBE Proclamation will be presented before the House of Peoples' Representatives for final approval...
More central banks exploring CBDCs as number of pilots increases
CBDCs offer various benefits for global economies, according to a BIS report, leading banks to explore use cases tied to...
Big Chinese banks announce involvement in mBridge CBDC project
The BIS announced that its mBrdige had entered the Minimum Viable Product stage and revealed that Saudi Arabia's central bank...
Project Leonidas update: Italian banks complete wholesale CBDC trial
The Italian Banking Association trialed a wholesale CBDC issuance within a DLT environment, with atomicity, transparency and traceability as the...
