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Retail CBDC

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture
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14 February, 2024

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture

The Philippine central bank said it would not develop a retail central bank digital currency, and the wholesale CBDC will...
Hongkong’s eHKD still in progress, while mBridge to launch by mid-2024
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13 October, 2023

Hongkong’s eHKD still in progress, while mBridge to launch by mid-2024

Initial experiments with e-HKD have shown promise, but they are still conducting trials to explore a handful of use cases,...
BIS partners with Israel, Hong Kong for retail CBDC experiment
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17 September, 2023

BIS partners with Israel, Hong Kong for retail CBDC experiment

The Bank for International Settlements has announced a successful CBDC proof of concept—Project Sela—prioritizing inclusivity and privacy, poised to revolutionize...
Retail CBDCs could open a can of worms for central banks: IMF director
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6 May, 2023

Retail CBDCs could open a can of worms for central banks: IMF director

Unlike wholesale CBDCs, which can be put in place without significant disruptions, retail CBDCs are more risky and could threaten...
IMF: CBDC will solve Jordan’s cross-border challenges
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20 April, 2023

IMF: CBDC will solve Jordan’s cross-border challenges

Launching a CBDC would open a pathway for Jordan to improve its domestic payment systems, but the IMF warned that...
BIS wraps up cross-border retail CBDC ‘Project Icebreaker’
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9 March, 2023

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

The Bank for International Settlements’ "Project Icebreaker" project delved into the benefits and risks of launching retail central bank digital...
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