Tag: CBDC

Digital Currency Monetary Authority unveils its CBDC

The DCMA has launched its CBDC which it claims it strengthens the monetary sovereignty of participating central banks.

Bank of England begins building out its CBDC team

The Bank of England (BofE) has begun hiring workers to develop its digital currency, according to FinTech publication PYMNTS.

UAE’s central bank unveils tech and legal partners for CBDC project

The Central Bank of the UAE has selected three new partners to assist in the implementation of its CBDC strategy.

Annual payment value of CBDCs to skyrocket 260,000% in 7 years

The total value of payments through Central Bank Digital Currencies (CBDCs) is expected to reach $213bn annually by 2030, according to a report from Juniper Research.

RBA releases use cases for pilot of CBDC in Australia

The Reserve Bank of Australia (RBA) has announced a collaboration with the Digital Financial Cooperative Research Centre (DFCRC) on a research project to explore potential use cases of CBDC in Australia.

Bank of Japan launches pilot programme for CBDC

Bank of Japan, the country’s central bank, has announced it will launch a proof of concept (PoC) pilot programme for a Central Bank Digital Currency (CBDC).

Digital pound could launch in the next decade, UK Treasury claims

A recent consultation by the UK Treasury has revealed that plans for a digital UK currency are being considered and could be realised within a decade.

Turkish central bank concludes first CBDC test transactions

The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.

CBDC whitepaper unveiled by Indonesian central bank

Bank Indonesia, Indonesia’s central bank, has released a whitepaper that underlines plans for its central bank digital currency (CBDC).

France and Luxembourg conclude CBDC project

The central banks of France and Luxembourg have finished an experimental CBDC project to settle a ?100m digital native bond, claims Finextra.

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