CBDC

Next year, Norges Bank, Norway's central bank, will make a major decision on whether to create its own CBDC, or central bank digital currency. According to Deputy Governor Pal Lungva, the central bank was heading towards...…

India leans towards total ban of private cryptocurrencies such as Bitcoin and Ethereum in an attempt to regulate risk in their current volatile market. The government said it would favor central bank digital currencies (CBDCs),…

In a major shift, Canada's central bank, the Bank of Canada, has decided to Advertise The Canadian government has announced that it is scaling back its work on a retail central bank digital currency (CBDC) and…

Reserve Bank of India Governor Shaktikanta Das has urged caution in launching a central bank digital currency, as the retail pilot project now reaches over 5 million users. India’s central bank digital currency platform has crossed the 5…

The Bangko Sentral ng Pilipinas (CBPC) is the largest bank in the Philippines.B S BChina is set to launch a wholesale central bank digital currency (CBDC) by 2029. The move comes amid a global trend for central…

Credit: bankingjournal.aba.com The global finance landscape is undergoing a transformational shift, with central banks around the world actively exploring the potential of central bank digital currencies (CBDCs). A…

The petrodollar, the lifeblood of American global dominance since the Nixon Shock, is wheezing. In its place, a new financial order is aborning, one fueled not by oil, but by lines of code. From the halls of central banks to the trenches of…

A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post on Feb. 19. They added that many banks…

The US Federal Reserve has been exploring the feasibility of a CBDC. This, however, is not a sign that a digital dollar is on the horizon. Former United States President Donald Trump has stated that he will not allow the creation of a…

In a pivotal moment within the Eurozone's financial realm, Banco de España's announcement of a wholesale CBDC pilot has set the stage for potential transformations in the digital currency landscape. This initiative, independent of the…