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Central Bank Digital Currency

Bank Indonesia publishes white paper with keen focus on wholesale CBDC
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7 December, 2022

Bank Indonesia publishes white paper with keen focus on wholesale CBDC

Bank Indonesia will launch its digital rupiah under Project Garuda, which will be trialed in three phases, with wholesale CBDC...
Reserve Bank of India launches country’s first retail CBDC pilot
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4 December, 2022

Reserve Bank of India launches country’s first retail CBDC pilot

Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
Ukraine central bank unveils plans for digital hryvnia
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3 December, 2022

Ukraine central bank unveils plans for digital hryvnia

The digital hryvnia will effectively perform all the functions of money while “supplementing the cash and non-cash forms of the...
Intrasettle connects multiple CBDCs to provide next generation payment solution
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29 November, 2022

Intrasettle connects multiple CBDCs to provide next generation payment solution

Intrasettle will be “a one-stop payment infrastructure that’s instant, highly secure, and cost-effective,” CEO Kumaraguru Ramanujamm says.
Bank of Japan to issue experimental digital yen in 2023
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28 November, 2022

Bank of Japan to issue experimental digital yen in 2023

The central bank stated that the pilot would be conducted with a trio of mega banks and regional banks with...
African central banks discuss CBDCs for cross-border payment
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27 November, 2022

African central banks discuss CBDCs for cross-border payment

Thirteen central banks met in Kenya recently to discuss the impact of CBDCs on cross-border payments while still ensuring AML...
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