Almost a third of Russian banks face technological hurdles in their preparation for the digital ruble, according to a new ...

Nearly 30% of Russian banks do not want to adopt digital ruble due to outdated infrastructure, cybersecurity risks, and ...

with 15% of respondents saying they are now less inclined to issue a CBDC, up from zero per cent in 2022. Meanwhile, 31% have delayed their issuance timeline, citing legislation and a desire to ...

Nearly a third of central banks have delayed plans for a central bank digital currency (CBDC) due to regulatory ... central bank has delayed its issuance timeline,” the report stated.

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 ...

The firm said 31% had delayed their CBDC timelines, including nearly half of those that hope to have one ready within three to five years. Supporters of digital currencies say they could make 24/7 ...

They are released once a year with a five-year lag. An interest-bearing and universally accessible central bank digital currency (CBDC) could be a versatile instrument that would, in theory, improve ...

While no decision has been made to pursue the issuance of a central bank digital currency (CBDC), this paper explores the technological approach to constructing a CBDC system for contingency planning ...