Interest in central bank digital currencies tripled since 2020, report says
Central banks worldwide are now looking into digital currencies, according to a new study from a US think tank. View on euronews
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 ...
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.
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).
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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
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.
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Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
Consumers are wary about using CBDCs, despite the fact that most central banks are exploring using these cryptocurrencies, ...
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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 ...
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.” ...
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Unveiling central bank digital currencies: Purpose, pros, challenges and economic impact
A CBDC is a form of digital currency issued by a country's central bank with a value guaranteed by the central bank and is equivalent to the country's fiat currency. While CBDC and ...
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Study: 98pc of global economies exploring central bank digital currencies as pioneering nations see rising usage
Growing number of countries piloting digital currencies Those already launched have seen usage finally pick up China could ...