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 ...
A CBDC could improve the effectiveness of monetary policy—proactive ... Further, “eliminating [cash] a core symbol of the monetary regime could disrupt common social conventions for using money, ...
Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished. Trump has been a vocal opponent of CBDCs ...
Russia completed the first phase of digital ruble testing in late 2024. The finance ministry says a full-scale CBDC pilot ...
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 ...
Nigeria, Africa’s most populous country, introduced a central bank digital currency (CBDC), the eNaira, into its financial system in late 2021, an action that paved the way for different sets of ...
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 ...
Working on digital transformation by busting boundaries. Vipin Bharathan: You have established a CBDC Think tank, could you elaborate on the aims of the CBDC Think tank? Jamiel Sheikh: The ...
Texas Senator Ted Cruz has joined a growing group of politicians who have come out in support of anti-CBDC bills, reintroducing legislation to the Senate that would prohibit a direct to consumer ...