The digital currency uses a simple two-tier system that is becoming the consensus structure among central banks, because it keeps the banking system and its essential functions intact. In this ...

Donald Trump has officially banned the creation of a U.S. central bank digital currency (CBDC), but upon close examination, ...

The CBUAE has unveiled a new symbol for the UAE's national currency, the Dirham, along with the announcement of the Digital ...

House Republicans are set to pass a bill that will block the Federal Reserve from implementing a central bank digital ...

CBDCs or central bank digital currencies are increasingly being studied by entities such as the Bank of Canada for their ...

Central Bank Digital Currencies are poised to emerge as a pillar of tomorrow’s global banking system. But what does that future look like? With 90 per cent of central banks now exploring their ...

The Bahamas is the first country in the world with a central bank digital currency (a digital form of a country’s currency). Called the “sand dollar,” it will increase financial inclusion for ...

Brazil's Central Bank (BCB) Monday announced a new digital currency for South America''s largest country, which will be called “Drex” and is not expected to reach account holders before late ...

Israel releases a preliminary design for its central bank digital currency, digital shekel, while the US explores a crypto ...

The introduction of a central bank digital currency (CBDC) would represent a significant shift in Iraq's payment system, enhancing financial efficiency and supervision, according to Mazhar ...