Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...
The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is ...
The executive order banning CBDC defines it as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.” ...
This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or ... Earlier this week, President ...
Russia completed the first phase of digital ruble testing in late 2024. The finance ministry says a full-scale CBDC pilot will begin in July 2025, ...
Yes Bank has been selected as the primary sponsor bank to facilitate the issuance of the CBDC for both of these third-party ...
The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).
Central Bank Digital Currencies (CBDC) will likely need to replace stablecoins as the primary form of digital currency underpinning tokenized transactions.” If Bressent is confirmed as Treasury ...
MobiKwik is now scaling its CBDC project and has launched a full-fledged e-rupee (e₹) acceptance in partnership with the Reserve Bank of India (RBI) and YES BANK. With this, MobiKwik has becom ...
MobiKwik, one of India’s largest digital wallet providers, has launched a full production version of India’s Central Bank Digital Currency (CBDC) e-rupee wallet in partnership with the Reserve ...