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CBDC
Brazil Central Bank Plans to Launch a CBDC in 2024
The central bank sees a digital currency as a way of increasing participation in the financial system.
Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years
Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto, the Official Monetary and Financial Institutions Forum said in a report surveying 18 entities.
Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project
The proposal period will be open until Jan. 31 for financial institutions and tech providers.
Digital Dollar Could Streamline Settlements, DTCC Says
The Depository Trust & Clearing Corp. is testing the use of a digital dollar in wholesale transactions, alongside major banks
France, Luxembourg Test CBDC for 100M Euro Bond Issue
The Venus Initiative is the latest attempt to use digital representations of money for financial-market settlements.
India to Test Digital Rupee in 4 Cities With 4 Banks
The test, which will start on Thursday, will be extended to include another nine cities and four more lenders in a later phase.
Ukraine Considering CBDC That Can Facilitate Crypto Trading
The National Bank of Ukraine says it is looking at retail payments, virtual asset circulation and cross-border transactions as possible use cases for an electronic hryvnia.
Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report
The central bank will decide on issuing a digital yen in 2026.
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.
