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Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.
Reserve Bank of Australia's Tony Richards has said that the RBA will continue to consider the potentials of issuing a CBDC.
Head of payments policy discusses trade-offs involved in issuance
CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence.
In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC.
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
A speech delivered today by Victoria Cleland, Executive Director, Banking, Payments, and Innovation at the Bank of England, tackled the topic of faster payments and cross-border transfers. Cleland highlighted the three-stage process to advance cross border payments being pursued at the international level and then
A digital euro would not replace cash, but complement it, says the European Central Bank.
The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).
Running at the forefront of the digital finance game, China is persevering in familiarizing its citizens with its central bank digital currency (CBDC), the digital yuan (DCEP), on a large scale. China’s central bank, the People’s Bank of China (PBOC), released findings on its first round of extensive DCEP pilot testing held primarily across four cities last week, and last week, Shenzhen declared that it was distributing e-red packets to participating lottery winners to further real life usage and tests of the digital currency.
Japan is getting more serious about the digital yen.