Running at the forefront of the digital finance game, China is persevering in familiarizing its citizens with its central bank digital currency (CBDC), the digital yuan (DCEP), on a large…
The Bank of Korea (BOK) announced on October 7 that it will be distributing its CBDC, the digital won, to the public in 2021 as part of its 22-month pilot…
One of the first proponents of central bank digital currencies (CBDCs) when countries were still in the discussion phase on whether or not to embark on a digital currency route,…
A majority of central banks across the globe are scrambling to develop a digital currency for use, but one country has stepped out of the race for now - Australia. According…
The long-awaited study and research findings from the European Central Bank (ECB) over a potential Central Bank Digital Currency (CBDC), the digital euro, will be revealed in the coming weeks,…
According to a press release, Mastercard has launched a Central Bank Digital Currencies (CBDCs) Testing Platform, facilitating banks’ pilot programs by allowing them to first assess the usability of the…
Japan and France can be considered to be in the early stages of developing their central bank digital currencies (CBDCs) as compared to their regional counterparts. Both countries are adopting…
Thailand’s central bank, The Bank of Thailand (BOT), is progressing much faster than expected with the development and implementation of its central bank digital currency, the digital baht. The bank’s…
According to Bloomberg, the UK’s central bank, the Bank of England (BoE) is seriously considering a central bank digital currency. At this point, the bank remains undecided on whether it…
China’s digital yuan, the Digital Currency/Electronic Payment (DC/EP) has gone through several rounds of testing by a selected sample of the public across four cities, and finally, banks will be…