Kyrgyzstan President Sadyr Japarov took his country a step closer to issuing its own central bank digital currency Thursday, ...

Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency ...

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

The digital currency uses a simple two-tier system that is becoming the consensus structure among central banks, because it keeps the banking system and its essential functions intact. In this ...

Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete ...

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 ...

The People’s Bank of China (PBOC) announced that it would start testing its own central bank digital currency (CBDC), a first for a major economy. Government employees in four cities were paid in ...