Jamaica on Track to Launch CBDC, says Jam-Dex
The Jamaican Decentralized Exchange (Jam-DEX), the official name of the Jamaican Central Bank Digital Currency (CBDC), is set to go live for domestic use later this month, according to Bank…
Brazil Considers CBDC Project as a Means to Innovate Digitally: Economist
The development of a Central Bank Digital Currency (CBDC) means several things to several people, and for Brazil, it is a broad complement to its already transforming payment ecosystem. According…
American Bankers See No Compelling Case for Digital Dollar
The American Banking Association (ABA) has publicly shared its comments with respect to the pursuit of a Central Bank Digital Currency (CBDC) by the United States Federal Reserve, saying that…
Chile's Central Bank Wants More Time to Study CBDCs
Chile’s Central Bank is spending more time and exploring research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not. While Banco Central de Chile was expected to…
Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030
The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. According to strategists Alkesh Shah and Andrew…
Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed
The US Federal Reserve said that the introduction of an official digital version of the U.S. dollar could benefit Americans but it may also potentially affect financial stability and privacy.…
Mexican Central Bank Reveals CBDC Distribution in 2024
Banco de México, the Central Bank of Mexico, has revealed that its projected Central Bank Digital Currency (CBDC), dubbed the Digital Peso, will be up for public distribution by 2024.…
America to Build its Digital Dollar Based on General Consensus
The United States Treasury Secretary Janet Yellen said that the move by the American Federal Reserve to develop a Digital Dollar or Central Bank Digital Currency (CBDC) can only take…
Bank Of Jamaica Mints First Tranche Of CBDC
The Bank of Jamaica (BOJ) has registered a new milestone in its Central Bank Digital Currency (CBDC) in pursuing the first batch of its Digital Jamaican Dollar. The project, under…