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Wholesale CBDC
Saudi Arabia’s central bank studying CBDC but mum on deployment date
Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
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...
Philippines central bank pushes through with wholesale CBDC plans to improve payments
Bangko Sentral ng Pilipinas said it will not be exploring the retail version of its central bank digital currency but...
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...
Bank Indonesia publishes white paper with keen focus on wholesale CBDC
Bank Indonesia will launch its digital rupiah under Project Garuda, which will be trialed in three phases, with wholesale CBDC...
New York Fed partners Singapore in wholesale CBDC trial
The Federal Reserve Bank of New York, which also launched another trial with major U.S. lenders, made it clear that...
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