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The Philippine central bank sees crypto's potential for improving domestic and cross-border payments, but the authority is still negative about crypto as a legal tender.
The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs).
Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.
Will central banks allow stablecoins to survive? Can they peacefully co-exist with central bank digital currency as a financial instrument for the unbanked?
Banks and tech companies may be invited to work with the central bank on future CBDC research
Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals.
RBA says it will look into different use cases of digital currency
The pilot project will last a year, and the details for potential participants will be published in the next few months.
Institutions are testing ways of allowing digital payments without the internet
The Reserve Bank of Australia (RBA) has launched a year-long trial to explore a central bank digital currency's (CBDC) business models and innovative use cases.
BoT says it does not have plans to issue a retail CBDC yet
Senior official dismisses media reports on cancellation of CBDC plans
The Central Bank of Thailand also known as the Bank of Thailand (BOT) plans to begin a pilot study of Retail central bank digital currency (CBDC)
The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks.