Central Bank Digital Currency

South Dakota amendment proposal prohibits use of digital currency as money
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7 March, 2023

South Dakota amendment proposal prohibits use of digital currency as money

If the proposed bill fulfills the legislative requirements, the amendments are expected to come into effect on July 1, 2024.
Reserve Bank of Australia explores CBDC use cases as it plans ‘live pilot’
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5 March, 2023

Reserve Bank of Australia explores CBDC use cases as it plans ‘live pilot’

Australia and New Zealand (ANZ) bank and the Commonwealth Bank will handle nature-based asset trading of the CBDC pilot, while...
Digital pound presents new payment frontier, but UK doesn’t have CBDC expertise yet: BoE
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4 March, 2023

Digital pound presents new payment frontier, but UK doesn’t have CBDC expertise yet: BoE

Bank of England Deputy Gov. Jon Cunliffe told lawmakers a digital pound would make it easier for U.K. residents to...
Bank of Canada experiments with offline CBDC payments
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4 March, 2023

Bank of Canada experiments with offline CBDC payments

Bank of Canada claims that an offline central bank digital currency will allow users to transfer digital Canadian dollars without...
Reserve Bank of India: CBDC will not replace other payment methods despite initial successes
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3 March, 2023

Reserve Bank of India: CBDC will not replace other payment methods despite initial successes

RBI's Deputy Governor Rabi Sankar assured that existing payment services in India will remain and that exploring use cases of...
Jordan moves closer to retail CBDC launch with assistance from IMF
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2 March, 2023

Jordan moves closer to retail CBDC launch with assistance from IMF

While Jordan's retail payment space is flourishing, the IMF says various barriers prevent customers from using digital payments, and launching...
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