Lawmakers Ask Fed to Speed up CBDC Project
A bipartisan group of lawmakers wants the Federal Reserve to speed efforts to issue a digital dollar and thus prevent...
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US Treasury Says CBDCs Can Boost Commercial Bank Stability
The US Treasury has said that launching a central bank digital currency (CBDC)...
Powell: US CBDC Could Help Maintain International Role of Dollar
In remarks delivered to a research conference hosted by the Federal Reserve Board,...
Bahamas CBDC Educational Campaign Needs Boost, IMF Says
The International Monetary Fund (IMF) has targeted the Bahamas CBDC, the Sand Dollar....
Consensus on CBDC Design Among Central Banks Not a Priority, Bank of Canada Says
As central banks around the world explore central bank digital currencies (CBDCs), the...
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Reserve Bank of Australia to Probe Use Cases And Potential Economic Benefits of Introducing a CBDC
The Reserve Bank of Australia (RBA) says it's teaming up with a research partner to investigate use cases and possible...
Read moreAustralia’s Central Bank Launches Digital Currency Project
Australia’s central bank on Tuesday said it was launching a one-year research program into the case for a central bank...
Read moreEuropean Central Bank Bets on CBDC Over BTC for Cross-border Payments
A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium identified central bank...
Read moreChina’s Central Bank to Expand Digital Yuan Pilot Program
The People’s Bank of China (PBoC) has listed the “orderly expansion of the scope of the digital yuan pilot” as...
Read moreBank of Japan Drops CBDC Plans due to Lack of Interest from Public
The Bank of Japan (BoJ) is not ready to issue a CBDC due to a lack of interest from the...
Read moreNigeria Central Bank Says It Is Concerned About Naira Value
Nigeria’s central bank is concerned about the value of the naira and is making deliberate efforts to avert a further...
Read moreIMF is Concerned Kenya’s CBDC Might Threaten Private Banks And Mobile Money Operators
The International Monetary Fund (IMF) has expressed concern that Kenya’s proposed central bank digital currency (CBDC), also known as the...
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Central Bank Digital Currency (CBDC), Stablecoins Could Co-Exist With Legal Tender
CBDCs may be more integrated with the life of an average consumer in the future. However, infrastructure adoption and risk...
Read moreIsrael Brakes Cash to Boost Digital Payments
Authorities in Israel on Monday imposed further restrictions on cash payments as a means of fighting illegal activities and encouraging...
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The Bahamas Is At the Top of The List of Countries That Have Enacted Digital Asset Legislation
According to the Solidus website, Bahama is at the top of the list of Global Cryptocurrency Regulation (GCR) indexes edited...
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