Central Bank Digital Currency

Most Germans remain unaware of what digital euro is: poll
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12 June, 2024

Most Germans remain unaware of what digital euro is: poll

Despite a constant push, many Germans still don't know what a digital euro is, with some thinking it's meant to...
Digital yuan app removes ‘pilot’ from description, fueling speculation for production
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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...
Qatar launches CBDC testing for wholesale payments
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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...
Indian banks offer incentives to lift e-rupee use as wholesale CBDC usage plunges
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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...
Israel’s digital shekel challenge targets innovative CBDC applications
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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...
More details on Project Agorá—the plan to tokenize correspondent banking
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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...