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The bank has been exploring the introduction of a CBDC since 2017.
Use of cash falling rapidly, as Norges Bank studies options to issue a CBDC
China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app.
CBDCs: Chinese banks introduce central bank digital currency hardware prototypes for multiple applications.
Central bank says it will issue token-based prototype to lenders
Kazakhstan is advancing its digital tenge project with a use case design and stakeholder consultation.
The National Bank of Georgia believes that the CBDCs have become essential for the financial ecosystem to improve financial inclusion and enhance domestic payment systems.
The potential national digital currency in Kazakhstan is not intended to replace either cash or cashless payments, the central bank stressed.
Georgia's central bank has invited fintech firms and others to participate in the CBDC project.
The Bahamas is beginning a push for national digital currency adoption this summer, the central bank's governor, John Rolle, said.
Central bank says private sector involvement will be “crucial”
CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao.
Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.
The Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand. Thailand has been a fairly innovation-friendly nation in regards to Fintech. Several years ago, Thailand participated in Project Inthanon,