Central bank digital currencies

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday."CBDCs should not be fragmented…

Central Bank Digital Currencies (CBDCs) could turn out to be a more energy-efficient currency option than cryptocurrencies or other payment options such as credit cards and debit cards, the Reserve Bank of India (RBI) said in its latest…

The Reserve Bank on Tuesday announced its second global hackathon -- 'HARBINGER 2023 - Innovation for Transformation' with the theme 'Inclusive Digital Services'. Fintechs have been invited to develop solutions that have the potential to…

<!-- -->Central bank digital currencies are digital tokens issued by central banks. (File)Shanghai: China's central-bank digital currency is little used, a former official of the People's Bank of China (PBOC) said on Wednesday,…

Roughly 100 countries are now looking at CBDCs, the IMF estimates, and it published a study on Wednesday looking at six nations where digital money is already up and running or at an advanced stage. Evidence emerging from the first…

This week the International Monetary Fund (IMF) released a report outlining six case studies of central bank digital currencies (CBDCs). The report provides an overview of six central banks’ policies and designs, lays out best practices,…

Tokyo: Group of Seven advanced economies said on Wednesday that any digital currency issued by a central bank must "support and do no harm" to the bank's ability to fulfil its mandate on monetary and financial stability, and must also meet…

New Delhi: It’s no secret that the Reserve Bank of India (RBI) has been doubling down on its efforts to launch a central bank digital currency (CBDC) or what could be known as a digital rupee in the coming future.  Now, the central bank’s…