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Pakistan’s central bank is preparing to launch a pilot for a digital currency and is finalising legislation to regulate ...
The world of finance is shaking up as central banks worldwide speed up exploration and creation of CBDCs (Central Bank ...
Australia's central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency ...
As the momentum for central bank digital currencies (CBDCs) builds globally, one crucial issue remains unresolved, with significant implications for sovereignty and privacy: Who will control the ...
Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank digital currency, the company said on Tuesday.
Pakistan plans to launch a digital currency pilot as part of broader crypto reforms. New legislation aims to strengthen regulation and licensing.
We develop a quantitative New Keynesian DSGE model with monopolistic banks to study the macroeconomic effects of introducing a central bank digital currency (CBDC). Households benefit from an ...
The paper briefs the Executive Board on the further considerations on CBDC. These cover the positioning of CBDC in the payments landscape, cyber resilience of the CBDC ecosystem, CBDC adoption, CBDC ...
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 ...
This note focuses on the comparison of retail CBDC—that is, the presence of digital central bank money available to the general public—with FPS and e-money systems from a payments perspective, and how ...
7-Eleven is testing South Korea’s central bank digital currency in a major trial. Shoppers with accounts at seven banks can use a QR code to pay at checkout with the CBDC.
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