RBI reports 334% increase in E-rupee circulation, explores CBDC programmability, cross-border pilots, and ULI platform expansion.

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 promote the digital ...

US President Donald Trump has banned the creation of Central Bank Digital Currency (CBDC), citing privacy and financial stability concerns. The executive order promotes dollar-backed stablecoins ...

Donald Trump’s CBDC ban will further slow down retail CBDCs, but wholesale cross-border CBDC projects are likely to gain momentum, according to industry observers.

The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC. By Camomile Shumba |Edited by Sheldon Reback UpdatedSep 18, 2024, 12:15 p.m. PublishedSep 18, 2024 ...

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.

On March 6, BSP Deputy Governor Mamerto Tangonan said the pilot CBDC, “Project Agila,” would be a learning exercise as the country adopts digital money.

Conservatives are trying to tie a vote on Rep. Emmer’s (R-MN) anti-CBDC bill to broader cryptocurrency legislation. A CBDC ban shouldn't be a partisan issue.

CBDC (central bank digital currency) is a form of digital currency that a country’s central bank can issue alongside cash. Their value is linked to the issuing country’s official currency.

The Possibility of a CBDC Takeover There’s also the possibility of a total CBDC takeover. A central bank-controlled currency could effectively make other coins obsolete or unusable.

Digital payments innovation in different regions of the world is being spurred on by Central Bank Digital Currency (CBDC) adoption, as nations experiment with new payments options that can be more ...