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Fabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well-designed European CBDC.

Pilot CBDC can integrate into payments systems, but met potential AML and performance problems

Banks rarely become weak overnight, and flaws in business models and strategies are often the root causes of banks' vulnerabilities and failures. While sudden shocks may be the immediate cause of banks' demise, the root causes are generally more structural. If not identified in time and allowed to fester, these vulnerabilities will make a bank's activities increasingly unsustainable, to the point where it becomes non-viable.

The Riksbank, Sweden's central bank, said it completed the second phase of the e-krona test, known as the e-krona, ready to be integrated into the banking network and facilitate transactions.

The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank.

The report by PwC shows that 80% of central banks are considering or have already launched a CBDC.

Beijing to trail use of central bank digital currency outside of Olympic Games centres

Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs.

The Bank of Japan has warned G7 nations that a common regulatory framework for cryptocurrencies needs to be introduced quickly to discuss digital assets to be used to skirt sanctions.

Project Ellipse explores how technology solutions could enable supervision to be more forward-looking, insights-based and data-driven using an integrated regulatory data and analytics platform. The Ellipse prototype combines both structured and unstructured sources of data that are relevant to current events in real time. Advanced analytics are then applied to those integrated data sources to provide supervisors with early warning indicators, analytics and prudential metrics.

Kyrgyzstan has regulated the crypto exchanges and the mining industry, however, there are no laws governing the circulation of cryptocurrencies in the country.

A new survey finds that crypto adoption and DeFi usage among Americans is deceptively low despite the echo chamber of the industry-leading people to believe otherwise.

Singapore and Cambodia are notably exploring the use of CBDCs and digital currencies to improve their payment ecosystem efficiency and bolster the growth of startups aboard.

Bank of Canada and the Boston Fed have also teamed up with MIT on research projects

To delve deeper into the opportunities, risks, trade-offs, and potential technical challenges faced when developing a CBDC system, the Bank of England has joined hands Massachusetts Institute of Te