Announcing the timeline, Rachel Reeves, the chancellor of the exchequer, said: “The UK is leading the way on digital ...
Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete ...
A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...
Bank of Korea to launch CBDC pilot for real-world payments Project Hangang: South Korea to begin central bank-issued digital ...