The Bank of England explores Central Bank Digital Currencies (CBDCs) with a focus on retail use and utilizes Distributed Ledger Technology (DLT). Collaborating with regulators, they aim to introduce a…
Bank of England plans experiments on distributed ledger tech and wholesale CBDCs, studying impacts on payments landscape. Wholesale CBDCs are digital currencies for financial institutions. The bank addresses interoperability challenges…
Discover the latest updates on India's Central Bank Digital Currency - eRupee. The Reserve Bank of India (RBI) explores its potential in transforming international transactions and strengthening India's global financial…
The Central Bank of Brazil plans to launch a Super App driven by AI and a central digital currency, "Drex," by 2025. The app aims to modernize finance, increase efficiency,…
Central Bank of Brazil plans to launch a "Super App" fusing Artificial Intelligence with Central Bank Digital Currency. This innovative project aims to enhance financial services, boost transaction security, and…
Learn how the introduction of Central Bank Digital Currency (CBDC) impacts monetary policy transmission. Discover how CBDC interacts with bank deposits, interest rates, and shocks, enhancing monetary policy effectiveness. Explore…
The Central Bank of the UAE implements new regulations for cryptocurrencies, focusing on stability and transparency. Restrictions on major cryptos and approval requirements for payment token issuers aim to secure…
South Korea allocating 20 billion won for blockchain technology projects. Initiatives led by KISA and MSIT to explore CBDC and digital vouchers. Focus on combating fraud and enhancing efficiency in…
The European Central Bank's report on the digital euro covers privacy aspects, possession limits, and tender announcements. It discusses fees, transaction limits, and shifts responsibility to banks. Merchants will face…
Cboe Clear Europe collaborates with Eurosystem on new central bank transaction settlement technologies, focusing on Distributed Ledger Technology (DLT) and Central Bank Digital Currency (CBDC) as collateral. The experiments aim…