Tag: CBDC

China-led efforts to build a cross-border digital currency network outside traditional dollar-based payment systems is soaring

The South African Reserve Bank (SARB) has indicated that it does not expect to introduce a CBDC for everyday use anytime soon.

The U.S. House of Representatives may be preparing a faster route to block the Federal Reserve from issuing a CBDC.

The House is to block the Federal Reserve from issuing a CBDC, embedding the measure into the country’s annual defense policy bill.

Russia is officially moving forward with plans to introduce its own Central Bank Digital Currency (CBDC), the digital ruble

Belarus, a landlocked country in Eastern Europe, is planning to launch a central bank digital currency (CBDC), the digital ruble

The U.S. House Financial Services Committee has passed the Anti-CBDC Surveillance State Act (H.R. 1919), which was reintroduced by House Majority Whip Tom Emmer

Central banks are reconsidering their timelines for launching CBDC, with many postponing their plans due to shifting economic conditions.

The Bank of Russia has recently made a bold move to safeguard its citizens and organizations against digital Ruble fraud

The Indonesian Central Bank has achieved a significant milestone in its digital rupiah quest to transform the nation’s financial ecosystem

The allure of CBDCs as a solution for improving cross-border payments is fading, according to the Future of Payments 2024 survey.

India is looking at embracing CBDC in new financial evolution pivot, a trend coming at a time it plans to ban crypto again

The Central Bank of Brazil has officially opened its doors to participants for the Drex Project for its CBDC

John Deaton has reiterated his stance with respect to CBDC development by the US Federal Reserve in his campaign for Senate

The Bank of Canada has halted its push onto Central Bank Digital Currency (CBDC) years after it commenced the research into the asset

U.K. Finance, a prominent trade association, has successfully concluded the experimental phase of a CBDC and tokenization platform.

The Chinese Digital Yuan CBDC project has clocked $1 trillion in total transactions, a figure that places it ahead of USDT and USDC

The Bank of England (BoE) is embarking on several innovative experiments focusing on wholesale Central Bank Digital Currencies (CBDCs)