Russia plans to introduce central bank digital currency for public use next year. This is another step forward toward a ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency ...

India's central bank digital currency (CBDC), introduced to counter private virtual currencies, struggles with adoption and ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper offers a comprehensive analysis of the implications for financial stability of a central bank issuing a digital ...

The Bank of Canada doesn’t see a “compelling case” to move forward with plans for a central bank digital currency (CBDC) after years of study, governor Tiff Macklem said Tuesday. As part of ...

In simple terms, a CBDC is the digital form of a country’s fiat currency ... a government or central bank, whereas cryptocurrencies like Bitcoin are decentralized and have no central authority.

and Treasury released a report this past week summarising research to date on central bank digital currency (CBDC) and how this has informed the RBA and Treasury’s current assessment of CBDC ...

During the first phase launched last October, the focus was to examine the possible uses for the central bank digital currency. In March, the HKMA called for the submission of “innovative” use ...

The value of Zimbabwe's gold-backed currency plunged 44% Friday on the ... drop could be positive for the economy and a sign the central bank is allowing market forces to play more of a role ...

The Bank of Thailand has acknowledged its intervention in the value of the baht, citing it as a tool for managing the currency's strength against the US dollar. The central bank's assistant ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

Switzerland’s central bank on Thursday cut its ... toward concerns about the impact of a strong currency on exporters. The Swiss National Bank lowered its key rate to 1%from 1.25%, having ...