Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
Piero Cipollone assured the Parliament that the digital euro would feature superior privacy protections compared to existing commercial payment solutions and include anonymous transactions for offline payments.
The Philippines central bank intends to launch a wholesale CBDC that will not employ blockchain technology.
the BIS calls for a concerted effort among global regulators, central banks, and policymakers to craft regulations that not only foster innovation but also protect users and maintain the integrity of digital transactions.
Trump said that CBDCs could be "very dangerous" but the biggest danger of our time is the proliferation of AI.
The UK Treasury and Bank of England have underlined certain criteria for possible digital currency launch.
The 2024 roadmap points to a continuation of the watchdog's engagement with digital financial technologies.
CBDCs have become increasingly popular outside of the US, with many countries developing token pilots.
Morgan Stanley said the dollar's global dominance is threatened by the rise of Bitcoin and the eventual proliferation of CBDCs.
The six-month pilot program will simulate interbank payment processing and settlement using a single tokenized wholesale CBDC and other foreign CBDCs issued by different central banks.
