A top official at the US Treasury Department has revealed that the agency is actively exploring the possibility of creating a digital version of the US dollar. The official stated that the Treasury is working with the Federal Reserve...

The head of the Reserve Bank of India (RBI), India's central bank, has warned that cryptocurrencies could potentially cause the next financial crisis. The RBI head stated that the lack of regulation and oversight in the cryptocurrency market, coupled...

The Bank of England has announced that it is accepting applications for its proof-of-concept Central Bank Digital Currency (CBDC) wallet. The CBDC wallet is part of the Bank of England's efforts to explore the potential benefits and risks of...

Banque de France, HSBC, and IBM have completed a successful test of the interoperability of wholesale central bank digital currency (CBDC). The experiment was designed to explore the potential benefits and challenges of using CBDC for interbank settlements and...

CBDC, or central bank digital currency, is a digital form of money issued by a central bank. The specific technology used for CBDCs can vary depending on the specific design and goals of the central bank issuing the currency. One...

Central bank digital currencies (CBDCs) are digital versions of fiat currencies issued and backed by central banks. They can potentially be used as an alternative to physical cash, as well as a means for conducting digital transactions and facilitating...