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Central Bank Digital Currency

UK on the hunt for CBDC lead as it ramps up digital pound efforts
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28 January, 2023

UK on the hunt for CBDC lead as it ramps up digital pound efforts

U.K. Treasury is looking for a Head of Central Bank Digital Currency who will lead its work on a potential...
Saudi Arabia’s central bank studying CBDC but mum on deployment date
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28 January, 2023

Saudi Arabia’s central bank studying CBDC but mum on deployment date

Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions
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26 January, 2023

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...
Universal digital payments network for stablecoins and CBDCs unveiled at Davos
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26 January, 2023

Universal digital payments network for stablecoins and CBDCs unveiled at Davos

Policymakers in Davos for the World Economic Forum (WEF) seized the opportunity to launch a payment network designed to encourage...
East Africa to set up common central bank in its march toward single currency
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25 January, 2023

East Africa to set up common central bank in its march toward single currency

The decision on where to set up the East African Monetary Institute will be made this year, as the region...
China: Upgraded digital yuan now with smart contract function
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24 January, 2023

China: Upgraded digital yuan now with smart contract function

Digital yuan's smart contract functionality was integrated into the food delivery app Meituan, allowing users of the digital yuan to...
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