Lan Zhou noted that the CBDC had an impressive level of adoption across the test sites—citing that as of May,...
The Bank of Korea has invited at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank, to be...
The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
The feature allows merchants to accept mobile payments from any payment service provider using a QR code supported by the...
As revealed by Chin-long, the central bank is exploring how to scale the system's operational performance and the feasibility of...