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 ...

The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital ...

Nearly 30% of Russian banks do not want to adopt digital ruble due to outdated infrastructure, cybersecurity risks, and ...

Figure 1: Two types of offline functionality Figure 1: Two types of offline functionality An intermittent offline CBDC system could allow users to continue to transact during shorter, intermittent ...

Israel releases a preliminary design for its central bank digital currency, digital shekel, while the US explores a crypto ...

And in some countries, well-regulated faster payment services look to accomplish many of the same objectives as CBDCs without requiring the creation of an entirely new form of money. Brazil and India ...

South Korea is launching a CBDC trial with 100,000 consumers, using digital currency-backed deposit tokens for retail ...

A central bank digital currency, or CBDC, is a digital version of a region ... expressing interest in their own versions of the asset type. Some countries pushed faster than others toward ...

The Bank of Israel is inviting feedback on a newly-published high-level design for a potential digital shekel.

all types of businesses, public institutions, and financial entities.” According to the current plan, the Bank of Israel will be the sole issuer of the CBDC, and private-sector participants ...