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Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies.
The Bank launched a pilot program for “digital yen” in April after finishing its proof-of-concept testing, which began in 2021.
Bank of the Lao PDR working with Japanese government and fintech firm to test CBDC
Central bank presses ahead with designing a general purpose CBDC
Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks.
Fed Vice Chair Lael Brainard became vice chair of the Fed after a partisan fight and has been considered for other top positions.
The Bank of England’s plans for a CBDC launch raise concern among U.K. Tax Reform Council and the broader Bitcoin community.
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.
The new state-supported institution aims to speed up the country’s industry through blockchain technology.
The central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins.
The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.
Tech firms may be able to quickly gain payments dominance, which a CBDC could break