News

Chilean Peso-pegged stablecoin CLPX launched on Stellar this week and is hoping to gain traction in the remittance and copper markets.

Central bank says prototype would operate without bank account, contract or smartphone

The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.

The Bank of Jamaica has minted its first batch of its CBDC, the Digital Jamaican Dollar, and has entered a pilot testing phase.

Keynote address delivered by Mr T Rabi Sankar, Deputy Governor of the Reserve Bank of India, at the webinar organised by the Vidhi Centre for Legal Policy, New Delhi, 22 July 2021.

Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs.

Central bank kicks off pilot exercise with limited issuance of currency to banks and payments firms

The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December.

Not all digital assets would be treated as sternly as cryptocurrencies and not all of them will become the future of money.

The Central Bank of Venezuela officially announced to launch central bank digital currency (CBDC) in October this year.

Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier.

The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to facilitate its use.

Existing and planned payments system upgrades appear sufficient, governor says

Speech (via webcast) by Mr Christopher J Waller, Member of the Board of Governors of the Federal Reserve System, at the American Enterprise Institute, Washington, D.C., 5 August 2021.

Dave Birch breaks down the forces that are pushing central banks towards CBDC