Dr. Nir Yaacobi from the Digital Shekel team at the Bank of Israel shared that participants in the study were randomly ...

Central bank digital currencies have the potential to improve financial inclusion for women, but only if they are combined ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency. with a 10% discount to incentivize ...

Their goal is to enable domestic and cross-border money transfer ... CBDC and the effectiveness of monetary policy Issuing a central bank digital currency (CBDC) could potentially counter the use of ...

The CBUAE has unveiled a new symbol for the UAE's national currency, the Dirham, along with the announcement of the Digital ...

A bill designed to stop the U.S. Federal Reserve from issuing a central bank digital currency (CBDC) moved a step closer to ...

Central bank digital currencies would destroy any chance for financial privacy, but society is willingly moving in that ...

The U.S. House Financial Services Committee passes the Anti-CBDC Surveillance State Act, aiming to block the Federal Reserve ...

The International Monetary Fund (IMF) proposed a framework called “REDI” to deploy CBDCs and steps to promote the adoption of CBDCs. The international financial agency emphasised that raising ...

South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project.  The ...

South Korea is testing its digital currency in real-world settings, and 7-Eleven is one of the first major retailers on board.