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Central Bank Digital Currency

G20 central bank officials: Regulated digital currencies better than CBDCs
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21 July, 2022

G20 central bank officials: Regulated digital currencies better than CBDCs

Australian central bank governor Philip Lowe stated that the private sector has proven to be better than central banks at...
PBoC to onboard more provinces and cities to China’s CBDC platform
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19 July, 2022

PBoC to onboard more provinces and cities to China’s CBDC platform

Lan Zhou noted that the CBDC had an impressive level of adoption across the test sites—citing that as of May,...
South Korea to start real-world testing of CBDC with 10 commercial banks: report
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18 July, 2022

South Korea to start real-world testing of CBDC with 10 commercial banks: report

The Bank of Korea has invited at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank, to be...
Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
BIS: CBDCs could solve cross border friction, but interoperability still major challenge
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16 July, 2022

BIS: CBDCs could solve cross border friction, but interoperability still major challenge

BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
Cambodia rolls out unified QR code support for Bakong payment system
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13 July, 2022

Cambodia rolls out unified QR code support for Bakong payment system

The feature allows merchants to accept mobile payments from any payment service provider using a QR code supported by the...
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