A survey of the continent’s central banks indicates that there is optimism about greater efficiency and inclusion. However, several drawbacks remain. Nigeria already has an operational retail CBDC. Mobile money ...
The Fed discussion paper reviews the literature on the effect of central bank digital currencies (CBDCs) in large, developed economies and publishes some conclusions on particular design elements. In that ...
The Bank for International Settlements (BIS) together with four central banks has now completed a successful pilot of the use of central bank digital currencies (CBDCs) by commercial banks for ...
The BIS Innovation Hub and the Hong Kong Monetary Authority (HKMA) cooperated on a distinct CBDC design that reflects the realities of money issuing in the special administrative jurisdiction. HKMA ...
Financial messaging system SWIFT has set out its blueprint for a global central bank digital currency (CBDC) network after an 8-month experiment on different currencies and technologies. The trial, which ...
The United Kingdom needs to establish a joined-up strategy across government, regulators, and the legal system in case it wants to become a global leader in the crypto industry, according ...
The White House set up a framework for the “responsible development" of digital assets. The framework includes a highly aggressive push by the regulators to take on fraud in the ...
The Banque de France has stated that it is accelerating its wholesale CBDC program as it strives to get ready to bring in central bank money as a form of ...
The Qatar Central Bank (QCB) is currently exploring technological solutions and platforms for its digital currency. The 2.8-million nation of Qatar is expected to join a growing range of nations, ...
Millions of people in different parts of the world lead limited economic lives, but opportunities to enter the digital economy are now coming to most of them. Accessible services, financial ...
