Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
Most countries are struggling to get their populace to use CBDCs as they do not offer the same level of convenience and benefits as private payment platforms.
The ECB said that the preparation phase will finalize the digital euro rulebook, consider contractors to build the technical infrastructure, and begin testing the technology.
Fears of a U.S. CBDC may be unfounded, as the central bank itself hardly seems persuaded of the benefits.
Assistant Governor said that CBDCs in the form of tokenized bank deposits could provide a more secure and dependable means of conducting digital transactions.
Mastercard has developed a solution that allows tokenization of CBDCs on multiple blockchains and can control which wallets are allowed to receive the wrapped tokens.
Exploration of global CBDC interoperability as Project Mariana concludes trial phase.
Agustín Carstens argued that users were increasingly seeking innovative monetary options allowing them to transact conveniently.
Buterin spotlights potential of crypto in emerging economies while voicing concerns over future of CBDCs and exchanges.
Russian lawmaker Anatly Aksakov argued that traditional banks might "fade away."
