Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete ...

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

The Central Bank of UAE on Thursday launched new symbols for the national currency , the dirham, in its physical and digital ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

Currently, around 90% of the world’s central banks are experimenting with central bank digital currencies ... The move by SWIFT to initiate live digital currency transactions is a pivotal ...

The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025. According to a report in the Khaleej Times, Central Bank of the UAE ...

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 ...

1 This suggests that such point-of-sale (POS) transactions are critical for the relevance of a central bank digital currency (CBDC). This note summarizes recent research on the impact a CBDC could ...