India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.
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Jan 4, 2024 at 3:20 p.m. UTC
Jan 4, 2024
CBDCs
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Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.
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Dec 15, 2023 at 2:47 p.m. UTC
Dec 15, 2023
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Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
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Dec 11, 2023 at 4:34 p.m. UTC
Dec 11, 2023
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Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC
The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.
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Nov 17, 2023 at 11:19 a.m. UTC
Nov 17, 2023
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The Subtle Art of Slow: The CBDC Adoption Journey
Through the "slow and steady" adoption of CBDCs, central banks can ensure their place in the competitive arena of digital money, Digital Euro Association Chairman Jonas Gross...
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Nov 15, 2023 at 9:06 p.m. UTC
Nov 15, 2023
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CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.
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Nov 15, 2023 at 4:20 p.m. UTC
Nov 15, 2023
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U.S. CBDC Is Unlikely in the Near Term: Bank of America
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
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Nov 15, 2023 at 8:51 a.m. UTC
Nov 15, 2023
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CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
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Nov 8, 2023 at 10:18 a.m. UTC
Nov 8, 2023
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U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
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Nov 7, 2023 at 3:32 p.m. UTC
Nov 7, 2023
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Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern
Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.
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Oct 27, 2023 at 12:04 p.m. UTC
Oct 27, 2023