Stay informed with Blockchain Today. Enable desktop notifications.

CBDC (CBDC) News



South Korea

South Korea starts testing a cryptocurrency pilot program

by

The business regulator of South Korea will determine the technical and legal grounds for the creation and issue of the digital currency of the central bank (CBDC) from March to December of next year. The technical aspect focuses on the design and functioning of the CBDC. A separate question to be...

coronavirus CBDC

COVID-19 will push national digital currencies' creation

by

Researchers at the BIS are convinced that the coronavirus pandemic will accelerate the spread of online payments and update issues related to national digital currencies. A new BIS report states that COVID-19 is changing the general public's attitude toward cash, even though the prevailing opinion...

WEF Davos CBDC guide

Guideline for central bank digi-currency introduced in Davos

by

The Swiss non-governmental organization World Economic Forum (WEF) has introduced the first of its kind guide for central banks developing their own digital coins. This was reported on the WEF website. The CBDC Policy Maker Toolkit framework provides guidelines for central banks in various...

Bahamian Central Bank

Central Bank of Bahamas will pilot its digital currency

by

Bahamian Central Bank is going to present a digital version of the Bahamian Dollar. The announcement on the official website was declared on December 24, and according to it, CBOB is going to issue CBDC pilot on December 27. The pilot is going to continue in the first half of 2020 to Abaco, barrier...

IMF proposes to attract private companies to launch CBDC

IMF proposes to attract private companies to launch CBDC

by

A synthetic central bank digital currency (sCBDC) based on public-private partnerships is better than a fully functional CBDC. It was said by the International Monetary Fund. Tobias Adrian, director of the IMF's currency control and capital market department, and Tommaso Mancini-Griffoli, deputy...