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A majority of central banks across the globe are scrambling to develop a digital currency for use, but one country has stepped out of the race for now – Australia. According to local media outlet The Australian, the Reserve Bank of Australia (RBA) does not see an imperative need for a Central Bank Digital Currency (CBDC) and no pressing use cases which require the digital AUD.
The Philippines is really interested.
The Reserve Bank of Australia (RBA) has refused to join the bandwagon with respect to the development and issuance of a Central Bank Digital Currency (CBDC).
China might lead the charge into the digital economy, but will being the first major economy to launch a CBDC be enough to win global reserve currency status?
A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.
Policy-makers think changes in payment behaviour will be temporary and CBDC research will take time
The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month.
Societe Generale-Forge has selected the Tezos blockchain for its central bank digital currency (CBDC) experiment with the French central bank.
Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?
The Bahamas Central Bank has announced its CBDC, dubbed Sand Dollars, will be ready by next month for roll out.
The digital renminbi is legally compensatory to China’s fiat currency.
The wait for CBDCs continue.
Cypherium, the creator of cross-chain interoperability solution for central bank digital currencies, to raise funds via new token sale.
Christine Lagarde, President of ECB, says lack of payments integration in Europe has led to foreign providers taking the lead.