The UK central bank is considering abandoning its digital pound plans as its Governor Andrew Bailey favors private payment innovations over a state-backed CBDC. Britain’s central bank is reportedly ...

Singapore’s central bank has completed a live trial of using a wholesale central bank digital currency (CBDC) to settle overnight interbank loans, moving its experiments with tokenised assets onto an ...

Norway rules that a digital krone is unnecessary for now, highlighting its strong payment rails and the uncertain benefits of both retail and wholesale CBDCs. Norges Bank, the central bank of Norway, ...

South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in the ...

In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal foundations. As with any form of money, CBDCs require a solid basis under public ...

Bank of China Hong Kong has taken a major step forward in its digital currency rollout, completing the second phase of testing for the city’s central bank digital currency, the e-HKD. This follows a ...

The European Central Bank (ECB) is planning to launch a Central Bank Digital Currency (CBDC) in 2026. Currently, the goal is to offer a digital Euro to both consumers and institutional entities as the ...

OSLO, Dec 10 (Reuters) - Norway's central bank does not currently recommend the introduction of a central bank digital currency (CBDC), but may do so at a later time, it said on Wednesday. Norges Bank ...

What are the selected legal considerations for retail CBDC (rCBDC) and wholesale CBDC (wCBDC)? First, with respect to rCBDC, this chapter discusses the mechanisms through which rCBDC is sanctioned as ...