The Bank of Canada is launching an online public consultation to discuss the features that could be incorporated in a CBDC. The central bank is considering offering a digital version of the Canadian dollar.
SWIFT is set to go ahead with the second phase of its CBDC testing after seeing positive results in a test run that saw participation from the Monetary Authority of Singapore, Standard Chartered, etc.
Summary: Chairman Jerome Powell has stated that the US Federal Reserve plans to recommend a Central Bank Digital Currency (CBDC)...
WeChat adopts China's Digital Yuan as a payment method for its over 1 billion monthly users.
Quick take: Ripple CEO, Brad Garlinghouse, has pointed out that interoperability between CBDCs will be pivotal to the digitization of...
In brief: The discussion surrounding Central Bank Digital Currencies has gathered steam since COVID19 was declared a pandemic. The team...
Facebook’s foray into crypto has clearly rattled the central banks of the world. As US regulators piled on the pressure,...