A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with ...

As per the latest development, the Bank of Canada is reportedly shifting away from pursuing its central bank digital currency ...

Forty of the world's leading commercial banks have joined a G7-dominated pilot scheme with the New York Fed and leading ...

An ageing population is unlikely to give up paper notes and coins, but Japan’s international commerce may offer more ...

The author and editors take ultimate responsibility for the content. A central bank digital currency (CBDC) is a digital version of government-backed, fiat money. This type of digital currency is ...

The Reserve Bank of Australia said it will focus on the possible use cases for a wholesale central bank digital currency ...

Istanbul, Turkey South Korean blockchain firm TokenSquare announced its active participation in the Istanbul CBDC Conference, ...

The Subadhra Yojana, a direct benefit transfer scheme for women in Odisha, is set to be the first government sponsored scheme to offer payments in Digital Rupee or the Central Bank Digital Currency ...

A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their currencies ...

The research by the U.S.-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that ...