Tag: CBDC

Central banks in Israel, Norway and Sweden will team with the Bank of International Settlements to explore how CBDCs can be exploited for international retail and remittance payments.

A UK consortium of private sector firms will begin a year-long pilot scheme to test cross-border payments and provide recommendations to the Bank of England.

InvestHK and the Hong Kong Monetary Authority (HKMA) have jointly announced the addition of the central bank digital currency track to the Global Fast Track 2022.

The Reserve Bank of Australia will collaborate with the Digital Finance Cooperative Research Centre on a project exploring use cases for a CBDC in Australia.

A recent study by Ripple has found that over 70% of respondents across five global regions believe central bank digital currencies (CBDCs) could deliver major social change in the next five years.

The Banque de France intends to speed up its wholesale CBDC program as it looks to be ready to introduce central bank money as a settlement asset as early as next year.

Japanese blockchain firm Soramitsu will undertake feasibility studies for central bank digital currencies (CBDC) with both Vietnam and the Philippines.

The government of Bangladesh has revealed it will conduct a feasibility study to introduce a central bank digital currency (CBDC) in the country.

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

A study by the Bank of International Settlements has found nine out of ten central banks are exploring the use of central bank digital currencies (CBDCs).