You Searched For "countries with cbdc" and got 15 results
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5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
3 mins read
RBI gets set to float it's digital currency -- check details here
The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…
3 mins read
India’s digital rupee may not necessarily be on the blockchain, according to the country’s central bank
India’s upcoming digital rupee may not necessarily use blockchain technology for RBI’s central bank…
4 mins read
CBDC trial a landmark moment in the history of money: Shaktikanta Das
Reserve Bank of India governor Shaktikanta Das today announced that retail central bank digital cur…
2 mins read
There is no universal approach for central bank digital currencies and countries must focus on privacy, IMF says
"There is no universal case for CBDCs because each economy is different," said IMF Managing Directo…
Isabelle Lee
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
6 mins read
The number of countries exploring CBDCs more than doubled during the pandemic year
These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…
1 min read
Every country wants a piece of cryptocurrency, but how is it benefiting them?
The crypto phenomenon isn't limited to a country, continent, or even the size of an economy. There'…
Shivam Vahia
6 mins read
India’s digital currency to be launched in FY23 to be cost effective, transparent and secure
The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…
2 mins read
China is years ahead of other major countries in the development of its digital yuan, giving Beijing the chance to expand its influence: Chainalysis
China is several years ahead of other major economies in its efforts to develop a central bank digi…
Camomile Shumba
3 mins read
RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’
RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …
2 mins read
Norway, the world's most cashless country, is testing a central bank digital currency after 4 years of research
After four years of research, the central bank will proceed with technical testing of a CBDC, which…
Isabelle Lee
3 mins read
While the US explores digital currencies, China's eYuan is already in 15 cities. But experts say Beijing and Washington aren't actually competing in the same race.
Experts break down how the currencies of the world's two largest economies compete, and why they ea…
Phil Rosen
1 min read
Treasury Secretary Janet Yellen says a central bank digital currency must support the US dollar's global dominance
A CBDC "could become a form of trusted money comparable to physical cash" and offer some of the ben…
Phil Rosen
3 mins read
Bitcoin could form the backbone for CBDCs, according to a new report
Environmental concerns around Bitcoin have been well documented, but it is still the most valuable …