We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; ...

The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital ...

Proposed CBDC design features, such as caps on CBDC holdings and unremunerating the CBDC can moderate disintermediation risks, but they are not sufficient. Central banks will need to ensure that ...

The CBDC vs. stablecoin debate isn't about money—it's about trust in who should be in charge of money in the digital era. As governments take control with CBDCs and private actors test limits with ...

Retail CBDC: Designed for consumption by the general public in a regular form. Wholesale CBDC: Designed for consumption by banks as payment and settlement among banks. Both are intended to bring ...

There are many cross-border CBDC trials under way, but one stands out in its progress, institutional participation an... CME Group Cryptocurrency futures and options provide market-leading ...

The central Asian country is still deciding whether or not to issue a CBDC, but Thursday's amendments to the Constitutional Law of the Kyrgyz Republic ensures that the digital som will be treated ...

As global finance enters a new digital era, Israel finds itself at a pivotal crossroads. The Bank of Israel’s exploration of a central bank digital currency (CBDC)—the so-called “digital shekel”—is ...

However, a final decision on whether to officially issue the CBDC is not expected until the end of 2026, local outlet Trend News Agency reported in December. If the central bank decides to adopt ...