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The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%).
Central bank needs to be wary of firms wielding too much market power, author says
The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various jurisdictions, banking giant Citi found.
The Reserve Bank of Australia has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency.
Find out why it’s crucial for peer-to-peer (P2P) payment networks to be able to operate offline.
Drex is being developed on a distributed ledger platform with smart contracts
The payment processor has enlisted a range of market players in its quest for innovation and efficiencies in a technology that 93% of central banks are investigating.
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.
Sanctioned banks are participating in CBDC pilot
Economists at Central Bank of Colombia consider design choices and how they may affect the economy
The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website.
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
BCB expected to launch digital currency in 2024
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
Central bank digital currencies have turned out to be a popular talking point among the American public, garnering takes from comedians, rappers and presidential candidates alike.