Central Bank Digital Currency

DBS Bank floats digital yuan offering for corporate clients in China
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11 July, 2023

DBS Bank floats digital yuan offering for corporate clients in China

DBS Bank backs the mass adoption of China's CBDC, laying plans to launch a new offering that would allow mainland...
NY Fed new proof of concept report tackles simulated CBDCs
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10 July, 2023

NY Fed new proof of concept report tackles simulated CBDCs

The Regulated Liability Network (RLN) might be integrated with commercial bank deposit tokens or a wholesale central bank digital currency...
China’s Jinan city accepts digital yuan as payment for bus rides
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9 July, 2023

China’s Jinan city accepts digital yuan as payment for bus rides

The pilot will run from July 1 until September 30 and is designed to enable administrators to test-run a full-scale...
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
European Commission publishes digital euro bill, gives green light to ECB
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4 July, 2023

European Commission publishes digital euro bill, gives green light to ECB

The European Commission’s bill underpins the right of every resident in the eurozone to pay for free with the digital...
98% of world’s economy are exploring CBDCs, new study finds
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3 July, 2023

98% of world’s economy are exploring CBDCs, new study finds

New research from U.S.-based Atlantic Council has revealed that 130 countries are researching the prospects of central bank digital currencies,...
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