Tag: CBDC

The Bank of Korea is preparing to launch the second phase of its central bank digital currency (CBDC) pilot, bringing deposit tokens closer to commercial use while lawmakers continue debating a won-backed stablecoin. According to the central bank, system development and participant recruitment are in their final stages. If preparations ...

Hedge fund manager Ray Dalio has warned that the inevitable arrival of central bank digital currencies (CBDCs) will mark the end of financial privacy and give governments unprecedented control over personal wealth. Speaking in an interview on the Tucker Carlson Show on Monday, February 9, 2026, the Bridgewater Associates founder ...

Quick breakdown  Swedish MPs propose a national Bitcoin reserve as protection against inflation and geopolitical risks. Lawmakers want the government to rule out a CBDC by preserving current central bank legislation. Sweden’s crypto industry is growing, with 85 companies active and $48M raised in funding. Swedish democrats push for Bitcoin ...

In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC). The updated version of HR 3838—the House’s draft ...

South Korea has temporarily halted the next phase of its central bank digital currency (CBDC) pilot, signaling a cautious approach amid evolving priorities in the digital asset space. The Bank of Korea (BOK) informed participating banks that discussions for the second stage of its CBDC testing, initially planned for later ...

A new study by the Atlantic Council has revealed a dramatic rise in global interest in central bank digital currencies (CBDCs). According to the survey, a record 134 countries and currency unions, representing 98% of global GDP, are exploring CBDCs, marking a significant increase from just 35 countries in May ...

The launch of Russia's digital ruble has been postponed to mid-2026 as the Central Bank continues to address technical and regulatory challenges in collaboration with major financial institutions. Initially set for July 1, 2025, the delay was confirmed by Central Bank Chairperson Elvira Nabiullina, who did not provide a specific ...

South Korea’s 7-Eleven stores have begun accepting payments in the country’s central bank digital currency (CBDC) as part of an ongoing pilot program set to run until June. Customers using CBDC for purchases at the convenience store chain will receive a 10% discount on all products during the test phase. ...

South Korea is gearing up to launch a large-scale real-world test of its central bank digital currency (CBDC) this March,  involving 100,000 consumers and seven major banks. According to local reports, the pilot will feature financial giants such as KB Kookmin, Shinhan, and Hana Bank, marking a significant step in ...

Indian fintech startup Mintoak has reportedly acquired Digiledge for approximately $3.5 million. This acquisition marks the first in India's central bank digital currency (CBDC) sector and involves Digiledge’s expertise in CBDC and bill payment solutions. Mintoak aims to enhance its partner banks—HDFC Bank, Axis Bank, and SBI—with the ability to ...