Digital Euro May Have Transaction Limits for Retail Users
With the European Central Bank (ECB) now developing the prototype for its Central Bank Digital Currency (CBDC) otherwise known as the Digital Euro, more details are now surfacing based on…
Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype
The European Central Bank (ECB), has confirmed Jeff Bezos's tech company AMAZON, as part of the five partners to design a digital euro prototype. ECB said via a post on…
Introducing Digital Euro to Protect Monetary Sovereignty amid Cashless Tendency: Lagarde
Christine Lagarde, the President of the European Central Bank, and Fabio Panetta, a member of the ECB’s Executive Board, have shared their thoughts on the need for the digital Euro…
Economic Affairs Committee Unsure UK Needs Retail CBDC
The United Kingdom’s Economic Affairs Committee has shared its views on the proposed plans by the country to launch a Central Bank Digital Currency (CBDC) or digital Pound. In a…
France & Switzerland Central Banks Succeed Pilot CBDC Trials in Conjunction with BIS
The trio of the Central Banks of France, Switzerland, and the Bank of International Settlements (BIS) has successfully conducted a wholesale Central Bank Digital Currency (wCBDC) trial involving both country’s…
PayPal, Visa, Amazon Named as Core Members to Help Bank of England Work on Developing UK’s CBDC
The Bank of England has named the representatives from companies such as Spotify, PayPal, and Asos, Visa, and Amazon among stakeholders participating in two advisory groups that are examining a…
Ukraine Plans To Pilot CBDC Digital Hryvnia For Salary Payments
Ukraine’s Ministry of Digital Transformation has announced plans to pay the national digital currency, central bank digital currency (CBDC), for its employees’ salaries. In a recent interview with Ukraine media outlet TSN,…
French Central Bank Succeeds In CBDC Experiment In The Issuance Of A Government Bond
The Banque de France or Bank of France, the central bank of France, has prospered in undertaking an experiment on using a central bank digital currency (CBDC) to issue a…
Bank Of France Conducts CBDC Test To Settle Listed Securities
The French Central Bank, Banque de France, has completed one of its series of experiments using a central bank digital money (MNBC). According to the official publication, the experiment targeted settling…
Digital Euro Is Designed To “Protect Consumer Privacy”- Says ECB Board Member
The Digital Euro, a Central Bank Digital Currency (CBDC) being developed by the European Central Bank, has been tipped as a more secure option when compared to privately issued cryptocurrencies,…