CBDC

Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023
Rather than centralizing the digital dollar, lawmakers should focus on exploring a decentralized identification program and develop financial literacy programs for the general public.

Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency
As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China.

Banco Central de Brasil podría lanzar una CBDC en 2024
El Banco Central considera que una moneda digital podría ser una forma de incrementar la participación en el sistema financiero.

Brazil Central Bank Plans to Launch a CBDC in 2024
The central bank sees a digital currency as a way of increasing participation in the financial system.

Algunos bancos centrales quieren emitir una CBDC en un plazo no mayor a 10 años
En general, el 35% de los bancos centrales estaban más inclinados a emitir una moneda digital a pesar de los acontecimientos recientes en el sector de las criptomonedas, dijo el Foro Oficial de Instituciones Monetarias y Financieras después de encuestar a 18 entidades.

Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years
Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto, the Official Monetary and Financial Institutions Forum said in a report surveying 18 entities.

Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project
The proposal period will be open until Jan. 31 for financial institutions and tech providers.

Digital Dollar Could Streamline Settlements, DTCC Says
The Depository Trust & Clearing Corp. is testing the use of a digital dollar in wholesale transactions, alongside major banks

France, Luxembourg Test CBDC for 100M Euro Bond Issue
The Venus Initiative is the latest attempt to use digital representations of money for financial-market settlements.

India to Test Digital Rupee in 4 Cities With 4 Banks
The test, which will start on Thursday, will be extended to include another nine cities and four more lenders in a later phase.

