Latest Central Bank Digital Currency News

Small flags of Taiwan on a blurry background of the city
Business 15 December 2023

Taiwan’s central bank completes CBDC feasibility study

Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance security, while eyeing public input for a gradual rollout.

Flag of Canada with cloudy sky background
Business 11 December 2023

Canadians still don’t like CBDCs

More Canadians still prefer cash over a central bank digital currency, citing the latter's risks when it comes to privacy, accessibility, and financial stability, according to findings of a public consultation.

a hand tapping on a digital yuan concept
Business 9 December 2023

China’s digital yuan pilot gathers steam

The future of CBDC transactions is on the horizon as more banks onboard China's digital yuan pilot, exploring various use cases that aim to improve the payments industry and cross-border transactions.