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Central Bank Digital Currency

BIS developing new tool to monitor stablecoin balance sheets
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12 February, 2023

BIS developing new tool to monitor stablecoin balance sheets

Under Project Pyxtrial, the Bank for International Settlements is developing a tool for central banks to monitor stablecoins in a...
Russia’s Gazprombank suggests slowing down digital ruble launch fearing losses for commercial banks
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12 February, 2023

Russia’s Gazprombank suggests slowing down digital ruble launch fearing losses for commercial banks

The digital ruble has received heightened attention as the government intends to use it to circumvent economic sanctions imposed on...
Digital pound likely this decade, but don’t call it ‘Britcoin’
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11 February, 2023

Digital pound likely this decade, but don’t call it ‘Britcoin’

The U.K. Treasury and the central bank say that the digital pound would give the country a new digital payments...
Laos climbs aboard CBDC train via partnership with Japan’s Soramitsu
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10 February, 2023

Laos climbs aboard CBDC train via partnership with Japan’s Soramitsu

The proof-of-concept plan dubbed "Digital Lao Kip (DLak)" will explore the possibilities of a retail central bank digital currency existing...
Lunar New Year sees $26M in digital yuan given out to trigger CBDC adoption: report
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9 February, 2023

Lunar New Year sees $26M in digital yuan given out to trigger CBDC adoption: report

Regional Chinese governments have handed out over 180 million yuan ($26.5 million) during the Chinese Lunar New Year, aiming to...
India: Reliance Retail to accept CBDC payments soon—here’s all you need to know
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8 February, 2023

India: Reliance Retail to accept CBDC payments soon—here’s all you need to know

V Subramaniam, Director of Reliance Retail, said that accepting digital currency at their stores aligns "with the company's strategic vision...
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