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central banks
BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments
The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.
Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.
Benoit Coeure Spells Out BIS Plan for CBDC Trial Starting in 2020
BIS is planning a proof-of-concept trial of a CBDC in collaboration with the Swiss central bank.
Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.
Philippines Central Bank Governor: No Digital Peso Before 2023
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
Central Banks Haven't Made a Good Case for Digital Currencies: WSJ's Heard on the Street
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.
Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.
South Korea's Central Bank to Test Digital Currency in 2021
The Bank of Korea is to run virtual trials of a possible central bank digital currency through 2021.
CBDC Design Needs to Address Risk to Users, Says Bank of Canada
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada.
