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Central Bank Digital Currency

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
Argentina’s CBDC project hangs in balance as nation prepares for presidential polls
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8 October, 2023

Argentina’s CBDC project hangs in balance as nation prepares for presidential polls

The upcoming presidential elections will not only be historical for the future of Argentina but will also be pivotal in...
BIS completes wholesale CBDC trial for FX, cross-border payments
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7 October, 2023

BIS completes wholesale CBDC trial for FX, cross-border payments

In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...
Argentina presidential candidate sees CBDCs as hyperinflation solution
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6 October, 2023

Argentina presidential candidate sees CBDCs as hyperinflation solution

Presidential candidate Sergio Massa unveils CBDC plan to combat hyperinflation in Argentina, proposing anti-money laundering laws, tax revisions, and rivals...
BIS concludes wholesale CBDC experiment for FX, cross-border payments
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5 October, 2023

BIS concludes wholesale CBDC experiment for FX, cross-border payments

The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot...
BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’
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4 October, 2023

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these digital currencies,...
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