Tag: CBDC
Philippines Rules Out Blockchain for Wholesale CBDC Seen Likely by 2026: Report
The country's central bank does not plan on issuing a retail version of the digital currency.
www.coindesk.com [...]
India CBDC Insider Reveals Current Stance of Country’s Central Bank
The Reserve Bank of India (RBI) is now looking into technology solutions to solve privacy concerns posed by a digital rupee, the official said. While [...]
UK Opposition Party Wants Country to Be a Securities Tokenization Hub and Advance Work on CBDC
"Labour recognises the growing case for a state-backed digital pound to protect the integrity and sovereignty of the Bank of England, and the U.K.’s f [...]
Donald Trump Is the Latest Republican to Use CBDCs as a Dog Whistle
Trump joins many other leading Republicans in coming out against a CBDC. Florida governor Ron DeSantis, who came second to Trump in Iowa, was the firs [...]
Donald Trump Promises to "Never Allow" Central Bank Digital Currencies (CBDC) if Elected
Former President Donald Trump joins Ron DeSantis as a critic of CBDCs.
www.coindesk.com [...]
ECB Shows It’s Serious About Enabling Offline Use of Euro CBDC
The $1.3 billion may seem like a lot of money, but what the ECB’s asking for is no mean feat, Jonas Gross, chairman of industry group the Digital Euro [...]
Vladimir Putin’s Signature Brings Digital Ruble Into Russia’s Tax Code
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Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.
www.coi [...]
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
Chu says CBDCs "can serve as the operational basis for tokenization" as traditional financial institutions increasingly experiment with digitizing rea [...]
Italy and South Korea central banks agree on CBDC cooperation
The Bank of Italy announced on Dec. 5 through its official channels that it has entered into a memorandum of understanding with the Bank of Korea - So [...]
UK House of Commons recommends further CBDC tests on viability, risks
The United Kingdom Parliamentary Committee, House of Commons, has asked the Bank of England and Treasury to carry out further consultative work to det [...]
Solomon Islands, Soramitsu team up for Bokolo Cash CBDC proof-of-concept
The Central Bank of Solomon Islands has launched a proof-of-concept for a central bank digital currency called Bokolo Cash. Japanese blockchain Sorami [...]
Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
"A key risk are the potential gaps in central banks’ internal capabilities and skills," the report by the BIS Consultative Group on Risk Management sa [...]
BIS advises central banks to plan in advance for CBDC security
Issuance of a central bank digital currency (CBDC) requires adequate attention to security, the Bank for International Settlements (BIS) reminded cent [...]
BIS Innovation Hub presents its ‘private CBDC’ project
The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its “private CBDC” initiative, Project Tourbillon. The p [...]