
ECB president warns central banks could “losing control” without CBDCs
Lagarde said Central Banks are like "anchors" to other banks, which mandates them to step into the CBDCs if they want to maintain their role.
Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.

The draft laws establish the central bank as the sole issuer of the digital ruble and grant the regulator additional powers to ensure appropriate supervision.

It also comes during a time in which the People's Bank of China (PBOC) has banned the use of other cryptos, such as Bitcoin and Ethereum.

Nic Carter said the U.S. banking crisis took us a step close to CBDC adoption — speculations continue to circulate.

The UK government turns to crypto in bid to restore former economic glory in the digital age.

WeChat Pay currently has over 1 billion monthly active users and allows for CBDC payments only on certain apps.

Project Icebreaker's goal was to determine the efficacy of using CBDCs for cross-border payments between different currencies.



