Central Bank Digital Currency
South Korea CBDC pilot launching in 2024 with over 100,000 participants
The Bank of Korea will begin its retail CBDC pilot in 2024, testing use cases like payments for government grants...
Canton of Zurich digital bond utilizes wholesale CBDC for settlements
Zurich pioneers digitization with a CHF 100M digital bond on SDX, utilizing CBDC settlements, led by UBS, Raiffeisen, Zurcher Kantonalbank,...
European Central Bank steps up wholesale digital euro trials
The European Central Bank recently held a meeting in which it outlined the themes it’s exploring, including assessing the demand...
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the need for...
Digital yuan’s merchant fee removal worries point-of-sale manufacturers
China's digital yuan rollout prompts concerns among point-of-sale manufacturers about potential earnings decline, leading the PBoC to explore incentives for...
Russian lawmakers mull wholesale CBDC amid retail pilot launch
For Russian financial institutions to circumvent Western-backed economic sanctions since its invasion of Ukraine, Russian deputies are pushing for wholesale...

