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CBDC
Bank of Israel Unveils Possible Design of 'Multipurpose' Digital Shekel
The central bank stressed that no decision has been made whether to issue a CBDC, therefore the design presented should only be considered a preliminary one
Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments
Canada's central bank has said it is shifting its focus to broader payments system research and policy development.
Australia to Prioritize Wholesale CBDC Over Retail
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot.
Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region.
India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor
Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.
Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters
As of May 2024, 134 countries or jurisdictions, representing 98% of global GDP, were exploring a CBDC.
China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.
