Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
Russian lawmaker Anatly Aksakov argued that traditional banks might "fade away."
Oluwapelumi Adejumo 2 min read 
The partnership aims to clarify the benefits and limitations of CBDCs and how it can be safely implemented.
Russia's foray into digital fiat currency adoption will involve 13 banks and 30 companies.
Examining potential risks and rewards in Brazil's blockchain move with 'DREX'.
The bank explained that this would incentivize Russians to use the national digital currency.
The governor of the Bank of Russia said the Digital Ruble use would be voluntary.
The Federal Reserve Bank of San Francisco has listed a CBDC-related job position.
Banque de France said in a report on July 21 that DLT has the "potential to enhance the efficiency and effectiveness of the monetary and financial system."
FedNow promises instant transactions round the clock, stirring debates on the necessity for a digital dollar.
