Central Bank Digital Currencies

India’s CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor
India’s CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

India's central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system...

Last updated 3 mins ago

IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency
IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency

Central bank digital currencies (CBDCs) may not be essential to achieve intended policy goals, according to a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the Inter...

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Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
Israel to Start Digital Shekel Challenge to Develop Payment Use Cases

Israel's central bank is launching a Digital Shekel Challenge as part of an "action plan for a possible issuance of the digital shekel," to develop uses in the world of payments, it announced Tuesday.

Last updated 3 mins ago