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Central Bank Digital Currency

New York Fed partners Singapore in wholesale CBDC trial
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16 November, 2022

New York Fed partners Singapore in wholesale CBDC trial

The Federal Reserve Bank of New York, which also launched another trial with major U.S. lenders, made it clear that...
Bank of Korea: Ethereum is insufficient as CBDC network
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11 November, 2022

Bank of Korea: Ethereum is insufficient as CBDC network

The Bank of Korea published a report revealing that its simulations of a digital won had proven Ethereum isn’t scalable...
NY Federal Reserve testing CBDCs to improve foreign exchange transactions
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9 November, 2022

NY Federal Reserve testing CBDCs to improve foreign exchange transactions

The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...
Canada to review state of digital assets, stablecoins, CBDC in new budget
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7 November, 2022

Canada to review state of digital assets, stablecoins, CBDC in new budget

The government plans to speak with digital asset service providers, institutional and retail investors, and other government agencies to chart...
Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot
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4 November, 2022

Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot

MAS says it will conduct four more trials to test the viability of retail CBDCs despite the earlier claims that...
India to explore if digital rupee can reduce government securities trading fees
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3 November, 2022

India to explore if digital rupee can reduce government securities trading fees

The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...
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