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Retail CBDC

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...
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...
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