central bank digital currency


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BIS Chief: Central Banks May Issue Digital Currencies 'Sooner Than We Think'

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

carsten

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Russia's Central Bank Is Considering Launching a Digital Currency

The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.

Elvira Nabiullina, governor of the Bank of Russia.

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Pakistan Central Bank Eyes Digital Currency Launch by 2025

The State Bank of Pakistan, the country’s central bank, is reportedly considering launching a digital currency as part of a modernization drive.

State Bank of Pakistan

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Eastern Caribbean Central Bank to Test Blockchain Legal Tender

The ECCB is about to conduct a pilot for a blockchain-based central bank digital currency in preparation for a planned full rollout.

East Caribbean Central Bank

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Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency

Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.

Saudi banknote

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The Era of Central Bank Digital Currencies Is Within Reach

A phased roll-out of a central bank digital currency is not only possible, but may be what certain regions need, says R3's research lead.

Piggy banks

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PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.

People's Bank of China

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PBoC Op-Ed Pushes Use Case for Yuan-Pegged Crypto Stablecoins

A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.

The yuan, China's national currency.

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ECB Has 'No Plans' to Issue a Digital Euro, Says Mario Draghi

The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.

ECB Draghi

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Iran's Recognition of Crypto Mining Prompts Local Bitcoin Price Spike

The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges.

Azadi Tower, Iran

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