Asia-Pacific is divided in its approach to digital money
Two Paths, One Region: The Split in Asia-Pacific’s Digital Money Strategy The Asia-Pacific region is becoming a fascinating laboratory for the future of money, but...
Tag : CBDC
Israel Central Bank Launches Digital Shekel Experiment Amid Global CBDC Trend
by Fernando
TL;DR Bank of Israel launches the ” Digital Shekel Challenge ” to explore the issuance of a CBDC. The initiative reflects the global trend towards...
SWIFT Enters Next Stage of its CBDC Project Testing
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is now entering the next stage of its solution testing that interlink Central Bank Digital Currencies after it...
Georgia Plans to Begin Testing its Digital Lari this H1
The Georgian Central Bank has stated its intention to publish a document outlining the concept of a national digital currency (Georgian Lari), which will be...
Kazakhstan to Float CBDC Testing Phase From 2023 to 2025
The National Bank of Kazakhstan has announced its intentions to begin the testing phase and implementation of the use of its Central Bank Digital Currency...
BoE Now Accepting Applications for CBDC Wallet PoC
The Bank of England (BoE) has joined other Central Banks around the globe launching targeted research into the potential use of a Central Bank Digital...
The State Bank of Pakistan Plans to Start Issuing CBDC by 2025
The State Bank of Pakistan (SBP), the nation’s central bank, declared that it is now putting the finishing touches on a strategy to begin producing...
Pilot Testing for India’s Digital Rupee to Begin on December 1
The Reserve Bank of India (RBI) made an announcement that it is ready to commence the launch of the e-rupee (India’s Digital Currency) for retail...
New York Fed Partners with MAS to Explore Potential CBDC Use
The Federal Reserve Bank of New York has announced a new partnership with the Monetary Authority of Singapore (MAS) in an effort to examine the...
Digital Euro May Have Low Transaction and Storage Cap for Individuals
The EU’s Central Bank Digital Currency (CBDC), a digital version of the Euro, is being developed by the European Union at the moment, although there...