The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.
The State Bank of Pakistan, the country’s central bank, is reportedly considering launching a digital currency as part of a modernization drive.
The ECCB is about to conduct a pilot for a blockchain-based central bank digital currency in preparation for a planned full rollout.
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
A phased roll-out of a central bank digital currency is not only possible, but may be what certain regions need, says R3's research lead.
China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.
A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.
The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.
The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges.
