House Republicans are set to pass a bill that will block the Federal Reserve from implementing a central bank digital ...

House Majority Whip Tom Emmer (R-MN) strongly criticized Wyoming's plan to issue its own stablecoin, WYST, on Thursday. He ...

In June 2019, Facebook and its partners announced a plan to launch Libra, a private digital currency backed by financial assets. Their goal is to enable domestic and cross-border money transfer in a ...

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

The Bank of Russia plans to monitor all cross-border cryptocurrency transactions over the next six months. The program will involve 19 major banks for detailed reporting on transfer methods ...

With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to promote the digital rupee.

Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC ...

The House Financial Services Committee held a hearing Tuesday to discuss the need for stablecoin regulation and the harmful impacts of a U.S. Central Bank Digital Currency.

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal ...

Central Bank Digital Currencies are poised to emerge as a pillar of tomorrow’s global banking system. But what does that future look like? With 90 per cent of central banks now exploring their ...