CBDC

Central Bank Project Shows CBDC Payments Can Be Private
The BIS project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the initiative said.

Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues
Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.

Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.

Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

Standard Chartered China Offering Exchange Services for Digital Yuan
The bank will give customers access to the digital RBM's interconnection platform, offering recharge and redemption.

South Korea to Pilot CBDC With 100K Citizens in 2024
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers

Digital Euro Isn't Pressing, but Work Should Continue: Spanish Central Bank Governor
Europe's "highly efficient" payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.

Wholesale CBDC Interest 'Doubled' in Past Two Years: Atlantic Council's Josh Lipsky
Atlantic Council GeoEconomics Center Senior Director Josh Lipsky discusses the state of CBDCs across the globe, explaining how they have evolved this year and how they might be adopted in the future.

130 Countries Are Exploring a CBDC: Atlantic Council
According to the Atlantic Council, 130 countries are currently exploring a central bank digital currency (CBDC). Atlantic Council GeoEconomics Center Senior Director Josh Lipsky discusses the key takeaways from the report, sharing insights into the state of digital money and CBDC exploration around the world.

CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.

