Central Bank Digital Currency

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
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14 May, 2024

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use

Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for...
Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy
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14 May, 2024

Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy

The National Bank of Rwanda published a paper examining the benefits, risks, and design principles of a token-based digital franc...
CBDC eliminates barriers of the siloed financial system: Swiss National Bank
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14 May, 2024

CBDC eliminates barriers of the siloed financial system: Swiss National Bank

At a recent BIS event in Basel, Chairman Thomas Jordan discussed Project Helvetia III, including its benefits and some alternative...
Middle Eastern central banks eye CBDC for cross-border payments
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13 May, 2024

Middle Eastern central banks eye CBDC for cross-border payments

At a recent World Economic Forum event, central bankers from Bahrain and Saudi Arabia discussed CBDC opportunities, from cross-border payments...
No current need for CBDC, Central Bank of Chile finds
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10 May, 2024

No current need for CBDC, Central Bank of Chile finds

Poll respondents say CBDCs could benefit Chile's economy and even promote financial inclusion, but one problem hinders the country from...
India eyes extension of CBDC pilots to money market instruments, securities tokenization
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9 May, 2024

India eyes extension of CBDC pilots to money market instruments, securities tokenization

Apart from piloting India's CBDC in commercial papers and certificates of deposits, the Reserve Bank of India is also looking...
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