Central Bank Digital Currency

7 central banks team up with BIS to examine policy issues for CBDC launch
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1 June, 2023

7 central banks team up with BIS to examine policy issues for CBDC launch

The research paper focused solely on retail central bank digital currencies, which explored potential legal issues and the need to...
Russia’s CBDC initiative to target foreign access following proposed amendments
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30 May, 2023

Russia’s CBDC initiative to target foreign access following proposed amendments

Russia's CBDC pilot program was pushed back to July following the decision of the State Duma Committee to amend the...
Russia’s parliament makes changes to its draft bill on CBDCs
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28 May, 2023

Russia’s parliament makes changes to its draft bill on CBDCs

The changes to the CBDC draft bill include debt operation, the Russian central bank’s participation, and the access of the...
Kenya says CBDC not a priority, recommends survey on digital currency adoption
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26 May, 2023

Kenya says CBDC not a priority, recommends survey on digital currency adoption

Central Bank of Kenya says there are better ways to address financial inclusion with current payment systems and dismissed a...
IMF lauds eNaira in its 1-year assessment but cautions against intermediation
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25 May, 2023

IMF lauds eNaira in its 1-year assessment but cautions against intermediation

The International Monetary Fund says the eNaira has proven that a CBDC can work, but it says Nigeria has room...
Hong Kong taps HSBC, Visa firms for CBDC trials
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24 May, 2023

Hong Kong taps HSBC, Visa firms for CBDC trials

The Hong Kong Monetary Authority’s pilot will explore six categories of use cases, including offline payments, tokenized deposits, and settlement...
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