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CBDC

Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.

CBDC

Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.

Adoption   -   Jul 12, 2023 Avoid ‘Failure of Imagination’ on Enhanced Digital Money: BofE Governor
Bank of England Governor Andrew Bailey

The Governor of the Bank of England told an audience that an inability to specify a precise detailed use case today was no reason to put off investigating the future potential of ‘enhanced digital money’.

CBDC   -   Jul 04, 2023 BIS on Digitalization of Money: Improving the Old, Enabling the New
BIS on Digitalization of Money: Improving the Old, Enabling the New

The Bank for International Settlements’ Annual Economic Report 2023 dedicates a significant portion to a ‘Blueprint for the future monetary system’, covering tokenization, CBDCs, smart contracts, and a proposed unified ledger.

Bank of China Digital Yuan
Digital Yuan   -   Jul 16, 2023 Bank of China Introduces New Hardware Wallet For Digital Yuan

China is doubling down on its efforts to increase the use of the digital yuan. The Bank of China has started testing offline no-battery mobile payments.

Eva Senzaj Pauram
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Digital Yuan   -   Jul 16, 2023 Bank of China Introduces New Hardware Wallet For Digital Yuan
Bank of China Digital Yuan

China is doubling down on its efforts to increase the use of the digital yuan. The Bank of China has started testing offline no-battery mobile payments.

Eva Senzaj Pauram
Adoption   -   Jul 12, 2023 Avoid ‘Failure of Imagination’ on Enhanced Digital Money: BofE Governor
Bank of England Governor Andrew Bailey

The Governor of the Bank of England told an audience that an inability to specify a precise detailed use case today was no reason to put off investigating the future potential of ‘enhanced digital money’.

Jack Martin
CBDC   -   Jul 04, 2023 BIS on Digitalization of Money: Improving the Old, Enabling the New
BIS on Digitalization of Money: Improving the Old, Enabling the New

The Bank for International Settlements’ Annual Economic Report 2023 dedicates a significant portion to a ‘Blueprint for the future monetary system’, covering tokenization, CBDCs, smart contracts, and a proposed unified ledger.

Jack Martin
CBDC   -   Jun 22, 2023 Russia Shaping its Digital Ruble: Fresh Amendments to The Pending Law
Russia Shaping its Digital Ruble: Fresh Amendments to The Pending Law

The recent fine-tuning amendments to Russia's digital ruble legislation indicate an ever-closer launch of the country's Central Bank Digital Currency (CBDC)

Alex Harutunian
CBDC   -   Jun 20, 2023 BIS and BofE Develop Standardized Ledger-Agnostic API for Retail CBDCs
BIS and BofE Develop Standardized Ledger-Agnostic API for Retail CBDCs

Project Rosalind provides a communication layer between both account-based and token-based ledgers maintained by a central bank and user front-ends developed by ecosystem service and payment interface providers.

Jack Martin
CBDC   -   Jun 14, 2023 Thai Bank Staff Trial Digital Baht at Merchants Located Near Office
Thai Bank Staff Trial Digital Baht at Merchants Located Near Office

The Bank of Thailand is running a pilot for its retail CBDC with the staff of three payment service providers and merchants situated around their head offices.

Jack Martin
CBDC   -   Jun 03, 2023 Sweden's CBDC project unveils findings from its third pilot stage
Sweden CBDC

The third round of the e-krona project's practical tests, which were completed in April, focused on the practical implementation of the Riksbank's potential CBDC.

Alex Harutunian
CBDC   -   Jun 02, 2023 ECB Market Research/Prototyping Confirms Feasibility of Digital Euro
Digital euro ECB report on prototype

The European Central Bank has published reports on its recent market research and prototyping activities, during which it was both told, and shown, that launching a digital euro CBDC to its currently proposed specification is inherently possible.

Jack Martin
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