CBDC

Indonesia central bank says digital rupiah currency can be used in metaverse

Indonesia's central bank (BI) governor Perry Warjiyo said on Monday its planned digital rupiah currency can be used in the future to buy products in the metaverse.

2 months ago

India to Test Digital Rupee in 4 Cities With 4 Banks

The test, which will start on Thursday, will be extended to include another nine cities and four more lenders in a later phase.

2 months, 1 week ago

Uganda's central bank weighs issuance of digital currency

Uganda's central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology including consumer protection and financial inclusion, a senior bank official said

9 months, 1 week ago

Bank of Japan will prepare 'thoroughly' for possible launch of digital yen, Kuroda says

The Bank of Japan currently has no plan to issue its own digital currency but will prepare "thoroughly" to respond to changing circumstances that could require it to do so in future, Governor Haruhiko Kuroda said on Tuesday.

10 months, 2 weeks ago

These Are the 3 Biggest Differences Between a Cryptocurrency and a CBDC

There are fundamental differences between BTC and central bank-developed tokens – chiefly, the fact that most CBDCs are still in the R&D phase.

11 months ago