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93% of central banks are already conducting research on central bank digital currencies.

A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.

Over 90% of central banks now working on a CBDC project, survey finds

An innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform.

The Innovation Center of the Federal Reserve Bank of New York (NYIC) has successfully completed its proof-of-concept of a regulated liability network (RLN), which was carried out in collaboration w

Cyber attacks on critical infrastructure are among the top five risks with the greatest potential global impact. A future central bank digital currency (CBDC) system would be considered a critical national infrastructure, as real-time gross settlement (RTGS) systems are today.

The institution cited rising exploits against DeFi as a need for more secure CBDCs.

Decentralised finance (DeFi) continues to revolutionise the financial industry. Cryptocurrencies in particular have enjoyed a remarkable adoption rate due to their accessibility and low transaction fees, all without the need for intermediaries as in the case of traditional banks.

The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service.

The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.

Keynote speech by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the School of Economics, Cape Town, 30 June 2023.

The Chinese city of Jinan is pushing for CBDC adoption by implementing digital yuan payments across its entire bus network.

Report recommends interoperability via “token switching” and common messaging standards