CBDCs

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Citigroup CEO: We're Helping Governments Create Digital Currencies

Central bank digital currencies are "inevitable," said Michael Corbat, CEO of the multinational investment bank.
Citigroup CEO: We're Helping Governments Create Digital Currencies
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Swiss Wholesale CBDC Trial Shows 'Feasibility' for Central Bank Money on Distributed Ledger, BIS Says

A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.
Swiss Wholesale CBDC Trial Shows 'Feasibility' for Central Bank Money on Distributed Ledger, BIS Says
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Central bank governors agree COVID-19 has accelerated regulators' interest in CBDCs

Central bank representatives from several nations discussed about financial regulators growing interest in CBDCs because of COVID-19's ciris.
Central bank governors agree COVID-19 has accelerated regulators' interest in CBDCs
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Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief

Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, the chairwoman said.
Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief
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Central Bank of Bahamas Launches Landmark "Sand Dollar" Digital Currency

The Bahamas has officially launched the world's first central bank digital currency, called the sand dollar.
Central Bank of Bahamas Launches Landmark "Sand Dollar" Digital Currency
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Benoît Cœuré - CBDCs Mean Evolution, Not Revolution

Central bank digital currencies can help create a more inclusive financial system, says the innovation chief at the Bank for International Settlements.
Benoît Cœuré - CBDCs Mean Evolution, Not Revolution
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The US Risks Getting Left Behind on CBDCs

The Federal Reserve's "wait and see" approach to digital currency could deprive the U.S. of important new fiscal and monetary tools as its rivals move ahead.
The US Risks Getting Left Behind on CBDCs
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Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain

CBDCs continue to draw attention from central bankers, but panelists at an IMF event do not expect to see their nations launch one soon.
Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain
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IMF Says CBDCs Have Potential, But Don't Solve Every Issue

Countries might benefit from issuing central bank digital currencies, but they're not a panacea for every ailment, a new IMF report says.
IMF Says CBDCs Have Potential, But Don't Solve Every Issue
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Digital Ruble Can Help Track Government Spending, Bank of Russia Says

The Bank of Russia has proposed a digital ruble to complement its existing fiat system, and is open to public comment through December.
Digital Ruble Can Help Track Government Spending, Bank of Russia Says
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