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Search Results for: central bank digital currency

Bank of Korea governor urges banking regulators to introduce CBDCs
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21 December, 2023

Bank of Korea governor urges banking regulators to introduce CBDCs

Bank of Korea Governor Rhee Chang-yong urges swift CBDC adoption to counter stablecoin risks, accelerating plans with launching 2024 retail...
UK introduces new regulations for Digital Securities Sandbox
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20 December, 2023

UK introduces new regulations for Digital Securities Sandbox

The United Kingdom has introduced new regulation providing the country's financial sector watchdogs with the rules for supervising a Digital...
Bank of Russia extends digital ruble pilot completion to 2025
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20 December, 2023

Bank of Russia extends digital ruble pilot completion to 2025

The Bank of Russia's digital ruble experiments will not launch before 2025 as the central bank continues to test a...
Japan should issue digital yen ‘without delay,’ expert panel recommends
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20 December, 2023

Japan should issue digital yen ‘without delay,’ expert panel recommends

The panel under the Finance Ministry says the digital yen must co-exist alongside—not replace—cash and be easily usable "by anyone,...
Digital tenge pilot was a success: Kazakhstan central bank
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19 December, 2023

Digital tenge pilot was a success: Kazakhstan central bank

The digital tenge pilot launched a month ago and, in that time, it has been used to make retail payments...
Australia’s new central bank chief backs wholesale CBDC over retail
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18 December, 2023

Australia’s new central bank chief backs wholesale CBDC over retail

Reserve Bank of Australia Governor Michele Bullock favors wholesale CBDC for interbank settlements, citing success in recent case studies as...
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