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Retail CBDC

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...
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...
Spain’s central bank dives head first into CBDCs with new study
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13 December, 2022

Spain’s central bank dives head first into CBDCs with new study

The Bank of Spain joins nations exploring CBDCs, with plans to utilize the digital version of its currency, focusing on...
India’s central bank to launch retail CBDC pilot in December
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25 November, 2022

India’s central bank to launch retail CBDC pilot in December

A number of commercial banks will participate in the project with RBI noting that each financial institution will test the...
Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot
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4 November, 2022

Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot

MAS says it will conduct four more trials to test the viability of retail CBDCs despite the earlier claims that...
Consortium to carry out first private digital sterling initiative in UK
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23 August, 2022

Consortium to carry out first private digital sterling initiative in UK

The United Kingdom will become a testbed for the adoption of the first privately-led digital sterling program, paving the way...
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