Central Bank Digital Currencies

May 07, 2024

Central banks must revise business model, embrace CBDCs — ECB member

Joachim Nagel, president of the Bundesbank and ECB member, emphasized the critical need for central banks to reassess their business models and swiftly adopt central bank […]
April 17, 2024

Israeli central bank official says CBDC competition with banks is good for economy

In a speech published on the central bank’s website, Bank of Israel deputy governor Andrew Abir presented a contrarian view regarding the impact of central bank […]
March 12, 2024

Israel announces plans for interest-bearing shekel CBDC

Israel’s central bank, the Bank of Israel, has unveiled plans to introduce a new digital shekel central bank digital currency (CBDC) with the option of bearing […]
March 08, 2024

Philippine central banker reveals details about wCBDC pilot project

BSP’s deputy governor for payments and currency management sector, Mamerto Tangonan, unveiled additional details about the central bank’s plans to explore wholesale central bank digital currency […]

Fed’s Powell allays digital dollar anxiety as nations ramp up CBDC efforts

Federal Reserve Chair Jerome Powell emphasized that the United States is currently far from considering or adopting any form of central bank digital currency (CBDC), particularly […]
February 27, 2024

Chinese ministry posts warning about fake digital yuan app

An allegedly fake digital yuan app has been uncovered, as reported in a post on WeChat attributed to the Chinese Ministry of Industry and Information Technology. […]
February 17, 2024

Digital euro will have better privacy than private systems, ECB exec says

European Central Bank (ECB) executive board member Piero Cipollone addressed the European Parliament Committee on Economic and Monetary Affairs regarding the ECB’s preparations for the issuance […]
February 14, 2024

Printing money for fools is a ‘great business to be in’ — NZ central bank head

During a parliamentary committee meeting on February 12, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr made a quip about the modern central banking system, […]
January 17, 2024

Multiple US Senate bills object to CBDC’s definition of ‘money’

Several states in the United States are actively proposing bills to exclude central bank digital currencies (CBDCs) from their legal definition of money. This movement could […]

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