China will require banks to pay interest on digital yuan wallets. The move supports e-CNY’s shift toward a digital deposit currency.
The Reserve Bank of Australia has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency. Australia’s central ...
The PBOC is seeking to add interest payments to e-CNY holders, to expand the national use of the digital yuan, while the US ...
The U.S. Department of the Treasury has released comments from Undersecretary for Domestic Finance Nellie Liang on the “Next Steps to the Future of Money and Payments,” addressing CBDCs and the ...
CBDCs and fiat-backed stablecoins may look alike, but they differ in issuer, legal status, risk, and monetary control.
Mexican Senator Indira Kempis recently introduced draft legislation amending the country’s Monetary Law to include currencies issued by the central bank. Kempis outlines in repetition that ...
SAN FRANCISCO--(BUSINESS WIRE)--With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the ...
The Y2K bug never melted the global grid, yet the panic-buying of flashlights and canned beans in the last months of 1999 was very real. Today, central bank digital currencies (CBDCs) could be playing ...
KakaoBank is preparing to enter South Korea’s fast-growing stablecoin sector, according to local reports. In its first-half earnings call on Tuesday, KakaoBank CFO Kwon Tae-hoon said the firm is ...
The Monetary Authority of Singapore (MAS) has completed the first phase of its central bank digital currency (CBDC) project, according to a report on Monday. This stage of Project Orchid explored the ...
There has been a lot of initial excitement surrounding the possibility of a digital dollar – a government-issued, central bank digital currency (CBDC). The enthusiasm is primarily due to certain ...
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