Their goal is to enable domestic and cross-border money transfer ... the money demand justified by the real growth in the economy (and thus create inflation). CBDC and the effectiveness of monetary ...

CBDCs or central bank digital currencies are increasingly being studied by entities such as the Bank of Canada for their ...

Nearly 30% of Russian banks do not want to adopt digital ruble due to outdated infrastructure, cybersecurity risks, and ...

South Korea’s Bank of Korea (BOK) will launch a large-scale pilot test for its central bank digital currency (CBDC), starting ...

Almost a third of Russian banks face technological hurdles in their preparation for the digital ruble, according to a new ...

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 ...

South Korea’s FIU targets foreign crypto exchanges operating without registration, considering website blocks and legal ...

The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch.

The Bank of Israel has put forward a possible design for a central bank digital currency (CBDC) should the decision be made to introduce one in the future. The central bank described the proposed ...