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 to assess the potential benefits...
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 issuing a CBDC, which is...
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 to test the technical feasibility...
Central bank digital currencies (CBDCs) are a type of digital currency issued by a central bank, typically as a means of modernizing the country's payment systems and increasing financial inclusion. Several countries are exploring the possibility of issuing CBDCs, but as of 2021, only...
A Central Bank Digital Currency (CBDC) is a digital version of a country's fiat currency that is issued and backed by the central bank of that country. CBDCs can be used for a wide range of financial transactions, including making payments, transferring money, and...