IMF says common global CBDC platform, rules needed for international transactions: Reuters
Central banks need to agree on a common global platform and rules to ensure international use of CBDCs, IMF’s Kristalina Georgieva said.
Central banks need to agree on a common global platform and rules to ensure international use of CBDCs, IMF’s Kristalina Georgieva said.
Banco Central do Brasil, the central bank of Brazil, has selected 14 institutions to participate in the pilot run of the country’s central bank digital currency (CBDC) named Real Digital.
Ripple Labs has launched a new payment platform for a central bank digital currency in Hong Kong.
Japan’s top finance diplomat, Masato Kanda, announced on Tuesday that the G7 nations will work together to help developing countries introduce CBDCs in line with international standards.
India is reportedly aiming to have one million users of its CBDC within three months of launch, according to sources familiar with the matter cited by CoinDesk.
Russia has postponed the trial of a digital ruble originally scheduled for April 1, as it awaits a regulatory framework to be adopted before the pilot, according to a report by state-owned news agency TASS.
Australia has outlined potential use cases and providers for a central bank digital currency (CBDC), with a pilot program to be launched in the coming months.
The United Arab Emirates plans to launch a central bank digital currency (CBDC), among other initiatives, to become a financial and digital payment hub.
Governments are pushing central bank digital currencies to exert more control over macro policy, writes Josef Tětek of Trezor. But your money and privacy are also at stake.
Indian retail giant Reliance Retail announced on Thursday that it has started accepting digital rupee payments to become the largest Indian firm to adopt the nation’s CBDC.