South Korea is launching a CBDC trial with 100,000 consumers, using digital currency-backed deposit tokens for retail ...

Introduction Digital currencies started bringing sweeping reforms to the financial market, with CBDCs also being a leading theme that got into the spotlight. Wh ...

CBDC and the effectiveness of monetary policy Issuing a central ... that these advantages should be weighed against the risk of disintermediating the banking sector (see, e.g., BIS 2018; Mancini ...

In his 2021 speech to the Bank of International Settlement (BIS), Carney explained that stablecoins ... “It is not clear why a single CBDC wouldn’t perform better,” he said.

In its latest quarterly review, published today (March 11), the BIS says long-term yields had been increasing despite major ...

South Korea is launching a three-month CBDC test with 100,000 consumers who will use bank-issued digital tokens worth up to 1 ...

The central bank digital currency (CBDC) is going to completely revolutionise the entire payment space in terms of how one makes a payment, just like UPI did, Debadatta Chand, MD and CEO of Bank ...

China, Hong Kong, Thailand, the UAE, and Saudi Arabia have been quietly building a cross-border central bank digital currency (CBDC ... International Settlements (BIS) initially backed the ...

This report provides an overview of the current state of CBDCs, first looking at the whole digital currencies market and the motivations for CBDC development. It discusses the distinction between ...

With this acquisition, Mintoak has added bill payments and CBDC features to its platform, enabling it to offer more digital solutions for SMEs. It aims to enhance merchant engagement, retention ...

Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy. Using the digital euro as a strategic asset ...