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CBDC News
Central bank digital currencies (CBDCs) are digital counterparts of traditional fiat currencies overseen by central banks. Unlike volatile cryptocurrencies, CBDCs have a stable value, mirroring their nation’s currency, backed by monetary policies and regulations.
For the latest in CBDC news, this section provides real-time updates. Here, uncover insights on CBDCs pilots across the world and their results. Delve into CBDC news today exploring debates on CBDCs as potential state control tools or monetary innovations. Stay ahead with CBDC’s latest news as nations like China expand digital yuan use, and the IMF seeks global CBDC unification. For comprehensive news CBDC coverage, this is your hub.
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Latest CBDC News
News
Nearly a third of central banks have delayed CBDC rollouts, but 75% still plan to issue one, a survey finds. A new survey from the Official Monetary and Financial Institutions Forum and Giesecke+Devrient shows that 67% of central banks haven’t…
News
Mastercard’s Raj Dhamodharan predicts that more central banks will shift away from retail CBDCs, focusing instead on wholesale digital currencies for financial institutions in 2025. Central banks are rethinking their approach to state-backed digital currencies, with Raj Dhamodharan, Mastercard‘s head…
News
The Bank of Papua New Guinea has wrapped up its CBDC trial and is now considering next steps for digital payments beyond national borders. Authorities in Papua New Guinea are stepping up their central bank digital currency efforts, with the…
News
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many…
News
A Russian lawmaker has emphasized the digital ruble’s role in helping businesses bypass sanctions and streamline operations. Russia’s central bank digital currency — also known as the digital ruble — will simplify life for entrepreneurs, especially those impacted by sanctions,…
News
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to…
News
A Riot Platforms exec accuses Ripple of lobbying against the Strategic Bitcoin Reserve to protect its XRP narrative and promote state-controlled digital currencies. Pierre Rochard, a vice president at Riot Platforms, has accused Ripple of leading a major lobbying effort…
News
The Bank of England plans to launch a sandbox designed to test a central bank digital currency or also known as a CBDC.
Follow-up
Hardly a well-known name in the crypto industry, former college football player and the young politician, Bo Hines, 29, got a high-profile appointment as an executive director of the Presidential Council of Advisers for Digital Assets, (or the “Crypto Council”)…
Opinion
Linking a CBDC, tokenized asset, digital wallet, and bank account is what governments need to envision as the goal of any CBDC initiative.
News
The Polymarket odds of Conservative and anti-CBDC candidate Pierre Poilievre being Canada’s next Prime Minister lept to 92% after Justin Trudeau’s resignation.
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Trends are everything in the blockchain world. They drive the crypto market and create narratives that shape the direction of bull and bear markets. Being on the right side of the trends in blockchain technology can be the catalyst for…
News
The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks…
News
The Bank of Russia has approved a new rule that will allow banks to block operations with digital rubles for days if they appear to be linked to fraud. The Bank of Russia has introduced new rules requiring banks to…
News
Bank Indonesia has successfully completed the Proof of Concept (PoC) for its Wholesale Rupiah Digital Cash Ledger.
News
Société Générale successfully executes collateralized market transaction with Banque de France, using digital securities and CBDC on blockchain. Société Générale, France‘s third largest bank by total assets after BNP Paribas and Crédit Agricole, has completed a blockchain-based repo transaction with…
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