BIS survey finds 9 out of 10 central banks are exploring...

A study by the Bank of International Settlements has found nine out of ten central banks are exploring the use of central bank digital currencies (CBDCs).

EMTECH, HaitiPay link to launch first Haitian CBDC

EMTECH, a central bank digital currency (CBDC) infrastructure provider, has teamed with Haitian FinTech HaitiPay to demo a CBDC and what impact it could have on the economy.

HKMA issues discussion paper on retail CBDC issues

The Hong Kong Monetary Authority (HKMA) has launched a discussion paper to gather views on the key issues surrounding a retail central bank digital currency (CBDC).

EU calls for ideas on CBDC legislation challenges

The European Commission has issued a ‘call for ideas’ to help inform rule makers around the legislative roadblocks of a digital euro.

China to widen digital yuan trials across more cities nationwide

The People’s Bank of China (PBOC) is set to expand a pilot of a digital yuan across a range of new locations following the success of the initial program.

Bank of England and MIT partner for CBDC research

The Bank of England has teamed up with the Massachusetts Institute of Technology (MIT) for a 12-month research project around central bank digital currency (CBDC).

Bank of Canada and MIT collaborate on CBDC project

The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).

India plans to unveil digital rupee in 2023

The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.

UK lawmakers underline key stability and privacy risks of CBDCs

A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.

RBI launches Fintech department to deal with Crypto, CBDC challenges

The Reserve Bank of India (RBI) has created a new Fintech department to deal with key challenges in the burgeoning sector.

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