Central Bank Digital Currencies (CBDCs) are no longer just theory. Over 130 countries are actively exploring them, and China’s digital yuan has already processed more than $14 billion in transactions.

The European Central Bank confirmed its digital euro project will reach a launch decision following successful pilot programs with commercial banks and payment providers. The ECB is conducting ...

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

How would CBDC affect competition in the payments market? If introduced, CBDC can serve as a payment instrument, expanding end users’ transaction choices, and as a platform infrastructure, broadening ...

Kazakhstan has taken a landmark step in its monetary evolution by granting official currency status to the digital tenge, ...

Throughout history, control over money has been one of the most powerful levers of state authority. Rulers have long understood that whoever issues and manages the currency also commands the economy ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Interoperating digital currencies: Solving for the diversity ...

By Valentina Za and Antonella Cinelli MILAN, Jan 21 (Reuters) - Commercial bank money is set to become fully digital in the ...

1. Introduction: What is a CBDC? A Central Bank Digital Currency (CBDC) is a digital currency issued directly by a country's central bank, such as the Federal Reserve in the United States or the ...

The proposal would place CBDC interoperability on the BRICS agenda, though talks remain early and depend on consensus over ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...