CBDC
New Global CBDC Platform Could Cut Payment Costs, IMF Says
The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar.
Australia Starts Research Program to Explore Digital Asset Opportunities
The Assistant Treasurer and Minister for Financial Services Stephen Jones officially started the program Monday at the Australian Securities Exchange.
Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor
While making a case for digital euro, Bank of Finland Governor Olli Rehn said central bank digital currencies won't be subject to the price volatility of private cryptos.
Nigeria's CBDC eNaira Used for Nearly $10M Worth of Transactions Since October
The eNaira app has been downloaded 840,000 times and has 270,000 active wallets
Colombia Explores Creating a CBDC to Combat Tax Evasion
As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions.
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
Reserve Bank of Australia Starts Pilot to Explore CBDC Use Cases
Australia's central bank plans to create a CBDC that will operate in a ring-fenced environment.
