Central bank digital currencies (CBDC)

14 Nov 23 @ 16:55

Central bank digital currencies like the digital euro still spark enthusiasm, at least among some central bankers, not least of all the European Central Bank. After two years of studying... read more

06 Nov 23 @ 11:37

The Swiss National Bank (SNB) and six commercial banks, will collaborate on a pilot focused on tokenized central bank money for financial institutions (referred to as wholesale central bank digital... read more

02 Nov 23 @ 17:59

Visa, HSBC and Hang Seng Bank say they have concluded participation in the Hong Kong Monetary Authority’s (HKMA) e-HKD tokenised deposits pilot for a CBDC. The program, which is part... read more

18 Oct 23 @ 17:24

The Governing Council of the European Central Bank (ECB) decided today to move to the next phase of the digital euro project: the preparation phase. This decision follows the completion of... read more

12 Oct 23 @ 16:36

Mastercard says it has successfully demonstrated capabilities of a new solution that enables a CBDC to be tokenised (or “wrapped”) onto different blockchains, providing consumers with a new option to... read more

10 Oct 23 @ 18:21

As the European Central Bank (ECB) progresses towards a final decision on its digital euro retail CBDC, the Spanish banking sector has put together use cases that would see the... read more

04 Oct 23 @ 11:16

The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more

06 Sep 23 @ 16:19

In a significant development, according to Changchun Mu, director of the People’s Bank of China’s Digital Currency Research Institute, China’s CBDC, the digital yuan, is undergoing major upgrades. Mu spoke... read more

23 Aug 23 @ 13:16

China’s digital yuan transactions reached 1.8 trillion yuan ($250 billion) at end Q2 2023, announced Yi Gang, Governor, People’s Bank of China at a conference in Singapore. This was 18... read more

18 Aug 23 @ 11:41

In a recent article written for the FT by former Bank of England economist Andy Haldane, I was struck by an element of his argument around central bank digital currency... read more

17 Aug 23 @ 14:09

A global survey on Central Bank Digital Currencies (CBDC) released by the CFA Institute, the global association of investment professionals, examines the possible implications for capital markets and investment practitioners... read more

13 Jul 23 @ 09:37

A new report from BIS presents the results of a survey of 86 central banks conducted in late 2022 about their involvement in central bank digital currencies work, as well... read more