CBDC Financial News

24.05 / 04:13

markets CBDC BLOCK Digital security Bill President US House Votes to Block Federal Reserve’s Digital Dollar Plans

The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress.

21.05 / 14:35

COST CBDC BLOCK Digital economy Bill American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans

The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools.

17.05 / 08:01

CBDC Digital economy Trade President country SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) China President recently shared insights on the challenges and solutions for cross-border central bank digital currency (CBDC) interoperability.

14.05 / 12:39

CBDC European Union Digital Euro Use Won’t Push Out Swedish Krona: Central Bank

Adopting a potential digital euro won’t displace the Swedish krona, Sweden’s central bank said.

13.05 / 18:39

CBDC Report Reveals Chinese Workers Converting Earned CBDC To Cash

Chinese workers are showing a lack of enthusiasm towards the country’s central bank digital currency (CBDC). A report on May 13 revealed that some workers who received their salaries in digital yuan (e-CNY) converted the asset into fiat currency immediately after they were paid, indicating a clear preference for physical cash over the digital alternative.

09.05 / 12:44

CBDC tokenization Rwanda’s CBDC Taking Shape? Central Bank Explores Tokenized Retail CBDC

Rwanda is studying the feasibility of adopting a central bank digital currency (CBDC), exploring benefits, risks and practicalities of implementing a retail CBDC.

08.05 / 09:05

CBDC HKMA e-HKD HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability

The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to set industry standards for wholesale CBDC interoperability. The group also aims to facilitate tokenized asset transactions and interbank settlement using wCBDC.

07.05 / 11:03

CBDC Swiss National Bank SIX Swiss Exchange Swiss National Bank Chair Jordan Discusses Two Alternatives to Wholesale CBDC

The Swiss National Bank’s (SNB) chairman of the governing board, Thomas Jordan, noted that the bank is exploring best ways to tokenize financial assets.

07.05 / 08:11

CBDC Reserve Bank of India India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability

The Reserve Bank of India (RBI) is working to expand the use of its Central Bank Digital Currency (CBDC) by actively developing an offline transfer capability.

03.05 / 02:29

CBDC Digital Trade Iran and Russia Working on Bilateral CBDC-powered Trade Solutions

Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed.

29.04 / 08:39

CBDC Digital economy country inclusion reports Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency

Pakistan’s plans for a central bank digital currency (CBDC) gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again.

26.04 / 15:41

CBDC Digital security country reports Investigations Architect of China’s CBDC Project Faces Probe for Alleged “Violations of Discipline and Law”

Yao Qian, the influential figure behind China’s central bank digital currency (CBDC) project, is currently under investigation for suspected “violations of discipline and law.”

25.04 / 11:33

CBDC digital euro NOT Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President

The digital euro will likely not launch until 2028 or 2029, Germany’s central bank president, Dr. Joachim Nagel, said on Wednesday.

24.04 / 07:27

CBDC G+D to Assist Central Bank of Mauritania in CBDC Design

German security technology group Giesecke+Devrient (G+D) is partnering with the Central Bank of Mauritania to explore the design and development of a central bank digital currency (CBDC) dubbed ‘digital Ouguiya.’

23.04 / 08:08

markets CBDC Digital security World Economic Forum reports Investigations World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs

The World Economic Forum (WEF) recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored ongoing initiatives, potential use cases in financial markets, and the potential of wCBDCs to alleviate significant industry challenges and address key pain points.

23.04 / 07:13

CBDC Digital Latin America Bitcoin Latin testing International Chile Edging Closer to CBDC Launch

Chile is tentatively moving toward the launch of a CBDC, with the public seemingly firmly behind the central bank’s plans.

19.04 / 07:04

CBDC China Opens e-CNY Research Institute, Appoints First Expert Panel

The e-CNY Research Institute has been inaugurated to support advancements of China’s central bank digital currency (CBDC).

17.04 / 21:15

CBDC New Zealand Begins Plans To Introduce CBDC

The Reserve Bank of New Zealand (RBNZ) has begun its public consultation on “Digital Cash,” a proposed central bank digital currency (CBDC), as disclosed in a consultation paper released by the central bank on April 17.

17.04 / 08:27

Provident CBDC Digital Enterprise innovations testing Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments

The Bank of Israel is launching a sandbox environment for testing CBDC use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications.

17.04 / 07:19

CBDC Digital Citizens Bitcoin performer testing South Korean Central Bank to ‘Speed up’ CBDC Project

The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year.

15.04 / 06:15

markets COST CBDC FIVE Digital Experts Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts

Digital ruble rollout plans could cost the Russian banking sector a total of $536 million per year, financial analysts have claimed.

what you should know about CBDC

What is CBDC and why is it gaining attention?

CBDC is a trending topic that is in the spotlight. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on CBDC?

All recent news about CBDC can be found in the special selection. We publish information regularly.

How can I verify the accuracy of information on CBDC?

We use verified data to ensure that the information about CBDC is accurate and valuable for our readers.