CBDC


Policy

Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years

Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto, the Official Monetary and Financial Institutions Forum said in a report surveying 18 entities.

(NASA/Unsplash)

Policy

Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project

The proposal period will be open until Jan. 31 for financial institutions and tech providers.

Sede del Banco de España. (Shutterstock)

Policy

Digital Dollar Could Streamline Settlements, DTCC Says

The Depository Trust & Clearing Corp. is testing the use of a digital dollar in wholesale transactions, alongside major banks

DTCC is probing the implications of a digital dollar (Kachura Oleg/Getty Images)

Policy

France, Luxembourg Test CBDC for 100M Euro Bond Issue

The Venus Initiative is the latest attempt to use digital representations of money for financial-market settlements.

(Getty Images)

Policy

India to Test Digital Rupee in 4 Cities With 4 Banks

The test, which will start on Thursday, will be extended to include another nine cities and four more lenders in a later phase.

Reserve Bank of India (Shutterstock)

Policy

Ukraine Considering CBDC That Can Facilitate Crypto Trading

The National Bank of Ukraine says it is looking at retail payments, virtual asset circulation and cross-border transactions as possible use cases for an electronic hryvnia.

Ukraine is exploring an electronic version of its currency. (Max Kukurudziak/Unsplash)

Policy

Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report

The central bank will decide on issuing a digital yen in 2026.

(B. Tanaka/Getty)

Finance

Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions

Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

Tech

David Chaum Rolls Out Privacy-Protecting CBDC Technology

The “godfather of cryptocurrency” suggested a CBDC design for a pilot with the Swiss National Bank.

David Chaum (Horacio Villalobos-Corbis/Getty Images)