…Aksakov. More than 100 countries are now developing CBDCs in diverse aspects. China is without a doubt the most active nation in terms of CBDC programs. The country has been…
…tank will reportedly hold its inaugural meeting in April 2020. Latest CBDC Updates from Across the Globe With 18 different central banks I various stages of CBDC research and development,…
…digital yuan project. More than 80 patents have been filed concerning the CBDC project despite delays occasioned by the ongoing COVID-19 pandemic. Largescale testing of China’s CBDC is expected to…
Popular fast-food chains like McDonald’s, Starbucks, and Subway are said to be among a group of 19 participating retailers testing out China’s proposed central bank digital currency (CBDC). The news…
…for the EU to chart a course forward. In its communique, the French central bank described the CBDC tests as its contribution to any EU-led CBDC project. The country is…
…the underlying infrastructure for the issuance and redemption of the CBDC tokens. The central bank then issued CBDC tokens on the private blockchain to simulate cash settlements by developing and…
…compared to retail CBDCs. Most Interbank CBDC projects are focused Unlike Retail CBDCs, none of these projects is live at this time despite certain pilot initiatives being in a “very…
…is moving away from initial caution and skepticism surrounding CBDCs into more serious considerations about launching a ‘crypto dollar.’ The Fed governor pointed to the growing interest around CBDCs with…
…more serious about developing central bank digital currency (CBDC). The UK CBDC is Probably Right Around The Corner The UK government is setting up a task force to examine CBDC…
…major banks and payment providers to integrate the CBDC into their systems. It’s noteworthy that China’s CBDC project is still in the pilot phase with no official launch date. With…
…the Fed from issuing CBDC. Titled “CBDC Anti-Surveillance State Act,” the bill seeks to prohibit the implementation of Fed-controlled CBDC and protect Americans’ financial privacy. It’s been Emmer’s second effort…
…underlined the importance of crypto use cases in business and life. The industry needs to prove its real-world utility. Entwistle shed light on the role of CBDCs: “CBDCs, we do…
…rapidly moving toward CBDC adoption. The European Central Bank has also been eager to investigate CBDCs, with plans to propose legislation establishing a digital Euro by the second quarter of…
…Central Banks are working on CBDCs, with a number of countries in the conceptual stage before introducing fully functional CBDCs. While CBDC can be built on a variety of technologies,…
…in the CBDC race. A Quick CBDC Update Data from the Atlantic Council, the Central Bank Digital Currency (CBDC) tracking platform, indicates that as of January, CBDC projects were fully…
