CBDC 1.0 designs are limited by closed source ... Witness economists designing the “architecture” of stablecoins. Everyone speaks in the language of software development, even when they ...

For users without bank accounts, the system would need to provide access points (like that of the m-pesa2 mobile payment system in Kenya) that allow cash-to-CBDC purchases and redemption. The primary ...

Public trust in the privacy design the Bank enacts could be enhanced through third-party reviews of CBDC architecture and operations. The technologies that are or could be used in payment systems are ...

China's e-CNY is one of the biggest global CBDC experiments and is now expanding to Hong Kong. As digital transformation continues to reshape the financial landscape, Central Bank Digital ...

Nearly a third of central banks have delayed plans for a central bank digital currency (CBDC) due to regulatory concerns and changing economic conditions. Key reasons for the delays include ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

But what does that future look like? With 90 per cent of central banks now exploring their own CBDC (Central Bank Digital Currency) according to McKinsey, the once-fanciful notion that governments ...

Nigeria, Africa’s most populous country, introduced a central bank digital currency (CBDC), the eNaira, into its financial system in late 2021, an action that paved the way for different sets of ...

Until last week the U.S. was one of the more than 130 countries, representing 98% of the global economy, exploring a CBDC to try to take advantage of - or at least keep up with - the rapid pace of ...