This content is contributed or sourced from third parties but has been subject to Finextra editorial review. Central banks worldwide are accelerating retail CBDC (central bank digital currency ...

(Image/Reuters) With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to ...

India’s public sector banks are seeing modest growth in volumes of central bank digital currency (CBDC) or e-rupee. They have also started extending direct benefit transfer (DBT) via the digital ...

US President Donald Trump has banned the creation and issuance of Central Bank Digital Currency (CBDC) in the United States. While campaigning for the US Presidential Elections, Trump had often ...

The news came as Trump signed an executive order banning CBDC development in the US and creating a national digital asset stockpile on Jan. 23.

21, 1897. The work of veteran newsman Francis Pharcellus Church has since become history’s most reprinted newspaper editorial, appearing in part or whole in dozens of languages in books, movies, and ...

India's retail CBDC pilot has over 5 million users with as many as 16 banks participating. The nation's central bank Governor hinted at the possibility of avoiding a full-scale implementation.

The Bangko Sentral ng Pilipinas (BSP) will complete its Philippine Central Bank Digital Currency (CBDC) pilot by the end of the year, according to financial news outlet Central Banking.

China’s e-CNY, piloted in 2019, has positioned the country as a leader in central bank digital currencies (CBDC). Growth has been impressive, especially following the launch of its mobile app in 2022.

Abstract: Central Bank Digital Currency (CBDC) is the digital form of a country’s fiat currency, based on Decentralized Ledger Technology (DLT). The increasing interest in CBDCs raises the concern of ...

This week, the House of Representatives will vote on legislation sponsored by House Majority Whip Tom Emmer (R-MN) called the CBDC Anti-Surveillance State Act. The bill is relatively ...