North America
NY Fed launches 12-week CBDC pilot program with major banks
The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept...
Read more
US President Biden announces pick for FDIC chair
United States President Joe Biden announced he would be nominating Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin Gruenberg to...
Read more
New York Fed completes the first phase of tests on a U.S. dollar CBDC
The Federal Reserve Bank of New York has revealed the successful completion of a test that involved the use of...
Read more
Deciding on a Digital Dollar: The Necessary Steps for Canada
Key Takeaways from a Second Virtual Workshop with Canadian and International Experts on the Digitalization of Money On April 26,...
Read more
Bank Of Canada Advises Regulatory Urgency For Crypto Sector: Here’s Why
Authorities around the world have become conscious of the risks associated with some projects such as Terra, following the recent...
Read more
Bahamas CBDC Educational Campaign Needs Boost, IMF Says
The International Monetary Fund (IMF) has targeted the Bahamas CBDC, the Sand Dollar. It has proposed increased regulatory monitoring and...
Read more
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 Bank of Canada (BOC) is keen to...
Read more
The Bank Of England Joins Bank of Canada, Federal Reserve Bank On CBDC Research Project
On Friday, the Central Bank of the United Kingdom, the Bank of England made the announcement that it had arrived...
Read more
Bank of Canada Collaborating with MIT on CBDC Research
The Bank of Canada has partnered with the Massachusetts Institute of Technology (MIT) to work on a 12-month research project...
Read more
Minimum Wage in Venezuela Now Pegged to 50% of Controversial CBDC’s Value
Venezuela’s President Nicolas Maduro has announced that the country’s minimum wage would now be pegged to the value of half...
Read more