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CBDC require clear benefits of use to become currency in future, says GlobalData
Retail central bank digital currency (CBDC) development projects continue to face significant hurdles before achieving large-scale implementation. Key challenges include ensuring system ...
CoinTelegraph9d
CBDC News
A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...
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Australia’s central bank launches 3-year program for wholesale CBDC
The Reserve Bank of Australia (RBA) says it won’t be pursuing a retail CBDC anytime soon, instead focusing its efforts on launching a wholesale CBDC. In a Sept.18 speech at the Intersekt Fintech ...
The Financial Times1y
The new money: why governments are taking their currencies digital
But what does that future look like? With 90 per cent of central banks now exploring their own CBDC (Central Bank Digital Currency) according to McKinsey, the once-fanciful notion that governments ...
CoinTelegraph29d
European Central Bank ramps up wholesale CBDC platform development
The European Central Bank (ECB) is expanding the development of a wholesale central bank digital currency (CBDC) payment system to settle transactions between institutions, according to a Feb. 20 ...
Mint23d
Mint Explainer | Fintechs launch CBDC wallets: Is RBI’s e-rupee set to take off?
Mumbai: Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and ...