Central bank digital currency
BoJ finds some CBDC designs suffer from bottlenecks
Designs faced pressures on transaction throughput, latency and CPU load
Three-quarters of central banks exploring CBDCs for retail payments
Though research is common, only a few have moved to pilot or roll out the technology
Philippines president-elect plans to move governor to finance ministry
Marcos nominates board member Felipe Medalla as next governor
Digital yuan being tested at Chinese high school
“Smart ID card” allows students to make purchases – and parents to track them
Norges Bank flags rising cyber threats
Study finds payment system is efficient and offers lower costs than neighbouring countries
Digital euro could be reality by 2026 – ECB’s Panetta
ECB will step up engagement with authorities and investigate means of issuing CBDC
Chilean central bank to step up CBDC work
BCCH to carry out public outreach but says existing payments system may be enough
Digital shekel must avoid arbitrage, public says
Israeli digital currency should comply with global information security standards
CBDC little threat to Canadian bank liquidity – paper
Bank of Canada research says most bigger banks have enough funding to handle retail CBDC competition
Two-thirds of central banks say retail CBDC ‘possible’
BIS survey finds 90% of central banks now working on digital currencies
RBNZ finds ‘overwhelming’ support for cash
New Zealanders emphasise importance of access to cash, and call for privacy in CBDC
Philippines central bank announces wholesale CBDC pilot
“Project CBDCPh” will test large transactions at limited number of institutions
HKMA advances e-HKD exploration
Authority notes risks around cyber security and removing intermediary banks
Mexico’s Rodríguez says CBDC project will take another year
New estimate would have the Bank of Mexico’s digital currency arriving in 2025
IMF panel weighs up wholesale versus retail CBDC
Officials reflect on trade-offs involved in crypto assets and new payments technology
BoJ’s Uchida outlines phase two of CBDC experiments
Japanese people will ultimately decide whether they want a digital currency, executive director says
Riksbank reports on e-krona pilot’s performance
Pilot CBDC can integrate into payments systems, but met potential AML and performance problems
Every CBDC decision is a tradeoff, says Bank of Canada’s Shah
Privacy, security, and offline access present difficult problems
Vietnam developing crypto legal framework
Country banned crypto as a means of payment in 2017
China expands e-yuan pilot
Beijing to trail use of central bank digital currency outside of Olympic Games centres
BoE’s Cleland calls for innovation in wholesale payments
Wholesale payments suffer from inefficiencies despite being critical to financial stability, official says
Central bank of the year: Bank of Korea
South Korea’s central bank was the first developed-world central bank to tighten policy to address inflationary risks
BoE partners with MIT on CBDC
Bank of Canada and the Boston Fed have also teamed up with MIT on research projects
Thailand’s SEC bans crypto payments
BoT proposes limits on banks’ digital asset investments