“Project Rosalind” looked at how an API layer could support a retail CBDC and facilitate safe ... how parents can allocate pocket money to children, how that money could then be spent in ...

There is no limit to the level of control that the government could exert over people if money is purely electronic and provided directly by the government. A CBDC would give federal officials ...

An example of this would be the parents who give pocket money to their children, who can spend it only with specific vendors. Or a store that offers refunds in CBDC which customers can spend only ...

They enable maximum government control over people’s lives through the direct provisioning of money and financial services. Some variations of a CBDC draft private sector firms to help the ...

For example, parents would be able to control on what their kids spend their pocket money, Aksakov told Parlamentskaya Gazeta in an interview earlier in July.

nearly all forms of ownership of CBDC money would also be strictly limited. Only large institutions such as banks, the federal government, and/or the Federal Reserve would actually have ownership ...

When cash is deposited, it is technically transformed into another form of money known as "bank money." However, if a CBDC is to exist in a separate digital wallet in an intermediated system, that ...

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. CBDCs take advantage of the ...