Central bank digital currency momentum growing, study shows
A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and pioneers like China, the Bahamas and Nigeria starting to see a pick up in usage.
Opinion
Is a central bank digital currency really so loonie?
Bill C-400 includes a provision that would prohibit the Bank of Canada from issuing a digital form of the Canadian dollar
Bank of Canada Drops Central Bank Digital Currency (CBDC) Plans
As per the latest development, the Bank of Canada is reportedly shifting away from pursuing its central bank digital currency (CBDC).
Canada’s Central Bank Puts on Hold Plans for a Digital Dollar
According to a report by Kyle Bakx and Meegan for CBC News, the Bank of Canada has paused its efforts to introduce a digital version of the Canadian dollar.
Top commercial lenders join G7 central bank-dominated digital currency trial
Forty of the world's leading commercial banks have joined a G7-dominated pilot scheme with the New York Fed and leading central banks from Europe, Korea and Japan for a new digital currency platform designed to speed up and enhance cross border payments.
Central bank digital currency momentum growing, study shows
The research by the U.S.-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that ...
Central bank digital currency momentum growing, study shows
Growing number of countries piloting digital currencies Those already launched have seen usage finally pick up China could fully launch e-CNY next year, U.S. lagging Photo: via Reuters LONDON ...
Central bank digital currency momentum growing, study shows
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! total of 134 ...
Bank of Canada Plans to Scale Down Work on Digital Loonie
The Bank of Canada said Thursday that it’s planning to shift focus from a central bank digital currency to “broader payments system research and policy development.” ...
Bloomberg L.P.5d
Australia Central Bank to Focus on Wholesale Digital Currency Rather Than Retail
The Reserve Bank of Australia said it will focus on the possible use cases for a wholesale central bank digital currency ...
The $6 trillion gamble the RBA isn’t willing to take
The Reserve Bank has ruled out creating its own digital currency, partly over fears it could undermine the nation’s entire ...
Nairametrics5d
CBN to expand eNaira for government payments, MDAs transactions
The Central Bank of Nigeria (CBN) plans to expand the use of its digital currency, eNaira, to facilitate payments into ...
PM Modi encourages use of RBI's digital currency at Odisha scheme launch
Prime Minister Narendra Modi on Tuesday encouraged the use of the Reserve Bank of India’s (RBI) digital currency—the central ...
Ripple5d
Bank of Russia to Launch Digital Ruble Payment System by July 2025
The Bank of Russia is set to roll out the payment infrastructure for the country’s central bank digital currency (CBDC), ...