Their goal is to enable domestic and cross-border money transfer ... the money demand justified by the real growth in the economy (and thus create inflation). CBDC and the effectiveness of monetary ...
In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal foundations. As with any form of money, CBDCs require a solid basis under public ...
South Korea is launching a CBDC trial with 100,000 consumers, using digital currency-backed deposit tokens for retail ...
India's Reserve Bank deputy governor has revealed that transaction volumes using the nation's central bank digital currency (CBDC) have trended downwards since December 2023 – and may even have ...
This report provides an overview of the current state of CBDCs, first looking at the whole digital currencies market and the motivations for CBDC development. It discusses the distinction between ...
While some countries are hurtling towards issuing a Central Bank Digital Currency (CBDC) it does not appear the US will do ...
While Nigeria launched the e-Naira in October 2021, becoming the first African country to introduce a CBDC, Ghana has taken a ...
"The BOT will assess the benefits and associated risks from the Pilot to formulate related policies and improve the CBDC design in the future." The country's goal with this move is to assess how ...
The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch.
Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy. Using the digital euro as a strategic asset ...
PayPal-backed Mintoak acquires Digiledge for $3.5M, marking India’s first CBDC-related deal, to enhance digital payment ...