News

Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission.

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.

The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project.

Digital yuan to be available in all retail scenarios and in wholesale securities markets

Keynote address by Mr Shaktikanta Das, Governor of the Reserve Bank of India, at the G20 TechSprint Finale, organised by the Reserve Bank of India and the Bank for International Settlements, Mumbai, 4 September 2023.

New legal regime also introduces a penalty system for refusing notes and coins

Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.

In the short term, e-commerce platforms can integrate the CBDC through QR codes.

NBK joins cross-border CBDC project as an observer

The Yes Bank app’s UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch in December.

Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its proposed digital euro legislation.

Today, money exists in two forms. Public money is issued by a central bank via banknotes and central bank reserves, while private money is issued by commercial banks in the form of deposits and non-bank financial institutions in the form of electronic money (e-money). Banknotes are the only form of public money available to the general public. Banks, in contrast, also have access to public money in electronic form, via central bank reserves.

Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio.

Student Safe project is the first live retail CBDC pilot in Europe