To date, retail CBDCs have failed to address real consumer needs or pain points meaningfully and currently offer no clear tangible benefits that would drive user adoption ...

The Bank of England has launched a digital pound lab to experiment with CBDCs. The design phase for the CBDC will continue until the end of 2025. A final decision on the launch of the digital ...

A digital pound could extend access to retail central ... stated that it is agnostic on the potential introduction of a CBDC, but that it is committed to providing the regulation and ...

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While ...

Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It ...

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 ...

China's e-CNY is one of the biggest global CBDC experiments and is now expanding to Hong Kong. As digital transformation continues to reshape the financial landscape, Central Bank Digital ...

With Donald Trump banning work on a digital dollar, a central bank survey suggests that while 75% still plan to issue a CDC, nearly a third have pushed back their issuance timeline.

A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.

Cred and MobiKwik became the first Indian fintech firms to roll out e-wallets for the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC), MediaNama previously reported.

But what does that future look like? With 90 per cent of central banks now exploring their own CBDC (Central Bank Digital Currency) according to McKinsey, the once-fanciful notion that governments ...