CBDCs
Australia’s Central Bank Opts for Wholesale CBDCs, Cites Uncertainty Around Retail Version
The Reserve Bank of Australia (RBA) seems to be prioritizing the development of a wholesale central bank digital currency (CBDC)...
Russia’s Largest Bank to Offer Digital Ruble to Customers Starting Early 2025
Russia's largest bank, Sberbank, will start offering the country's central bank digital currency (CBDC), the digital ruble, to its customers...
Google, Walmart, and Amazon Reportedly Trying to Join India’s CBDC Pilot Program
Google Pay, Walmart-backed PhonePe, and Amazon Pay are among five payment firms seeking to participate in India's central bank digital...
Bahamas Announces New Regulations to Mandate Commercial Banks to Support its CBDC, Sand Dollar
Bahamas is set to publish regulations that will require commercial banks to offer access to its central bank digital currency...
Iran’s CBDC, Digital Rial, Will be Available for Domestic Micropayments on Kish Island from June 21
Starting June 21, Iran's Central Bank Digital Currency (CBDC), the digital rial, will be accessible to banking customers and tourists...
Idaho Republicans Pushes ‘Sound Currency’ Proposal Supporting Bitcoin, Rejects CBDCs
Members of the Republican Party in the U.S. State of Idaho have declared a stance in favour of Bitcoin and...
New BIS Report: Central Banks More Likely to Issue Wholesale CBDCs Ahead of Retail Versions
According to a new report by the Bank of International Settlements (BIS), the likelihood of central banks issuing a wholesale...
Bank of Israel Announces ‘Digital Shekel Challenge’ to Identify Potential CBDC Use Cases
The Bank of Israel has announced an open challenge to develop innovative use cases for its proposed central bank digital...
Crypto vs CBDCs: Challenging the BIS Perspective on the Future of Money
In its 2023 Annual Economic Report, the Bank of International Settlements (BIS) introduced tokenization as the next evolution in digital...
CBDCs, Tokenized Assets, and Stablecoins Key to Future Finance – Singapore Central Bank’s Chief
The future of the monetary system, as envisioned by Ravi Menon, the Managing Director of the Monetary Authority of Singapore...
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