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As central banks worldwide pull their resources to research, study, test and launch central bank digital currency (CBDC) projects, the Bank of Korea is the next central bank in line to launch a pilot program for a digital Korean won. Announced on April 6, the program is expected to run until December 2021. During this period, the bank will carry out extensive reviews in all aspects – the design, infrastructure, technology and business processes – and work towards the goal of eventually replacing physical cash with the digital won.

CBDC does not need to be built on DLT network, BoE says

China’s central bank has further galvanised its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday

Bank of Korea starts 22-month CBDC test in preparation for future needs

South Korea’s central bank recently announced that it has launched a pilot program assessing the issuance of a central bank digital currency (CBDC). The Bank of Korea has stated that there are no i

The ongoing coronavirus pandemic accelerates central bank digital currency developments, according to Deutsche Bank macro strategist Marion Laboure.

Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed

The Bank of Korea has launched a pilot program to assess the technological and legal requirements of issuing a central bank digital currency.

Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies.

Tokenization is a prevalent topic in the crypto industry, but where does it currently stand, and what are the tech and regulatory issues it faces?

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support

PBoC held a teleconference in Beijing which further emphasized that CBDC development is one of its top priorities for 2020.

The COVID-19 pandemic is dreadful due to its highly-transmissive ability. As people wash their hands rigorously and practice social distancing, some items such as money are still being exchanged in a hand-to-hand manner on a daily basis.

The Banque de France - the central bank of France - has issued a call for applications to conduct a central bank digital currency (CBDC) experiment with the bank. According to the publication, the work relating to the experiments is being coordinated by the Infrastructures,

PBoC's Fan Yifei outlines why he favours indirect CBDC in China