Tag: CBDC

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

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.

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

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.

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

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

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

The Monetary Authority of Singapore (MAS) has launched Ubin+, an expanded collaboration on a cross-border foreign exchange using wholesale CBDC.

The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.