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