Tagged: cbdc

November 15, 2025 @ 11:43 am By Michael Wong  |  

Singapore’s central bank has completed a live trial of using a wholesale central bank digital currency (CBDC) to settle overnight interbank loans, moving its experiments with tokenised assets onto an operational test network. The Monetary Authority of Singapore (MAS) said the trial, conducted on its… Read More

October 6, 2025 @ 4:59 pm By JD Alois  |  

While the United States has turned away from the concept of a retail central bank digital currency (CBDC), other jurisdictions, such as Europe and China, have embraced it. As has been reported, a digital Euro is in the works with the European Central Bank (ECB)… Read More

September 29, 2025 @ 11:50 am By JD Alois  |  

The European Union is charging forward to offer a digital Euro. A Central Bank Digital Currency (CBDC) is in the queue to be in use by 2026. Currently, both institutional use and consumer access are anticipated. This contrasts with the US, where a CBDC or… Read More

September 26, 2025 @ 8:36 am By JD Alois  |  

The European Central Bank (ECB) is planning to launch a Central Bank Digital Currency (CBDC) in 2026. Currently, the goal is to offer a digital Euro to both consumers and institutional entities as the transition away from paper currency continues. In November of 2023, the… Read More

September 8, 2025 @ 4:35 am By Omar Faridi  |  

The European Central Bank (ECB) continues to advance its vision for a digital euro, a project aimed at ensuring the resilience, inclusivity, and stability of digital payments in an increasingly cashless world. In a recent address to the Committee on Economic and Monetary Affairs of… Read More

July 18, 2025 @ 9:20 am By Omar Faridi  |  

The European Central Bank (ECB) has released its third progress report on the digital euro preparation phase, spanning November 2024 to April 2025, alongside a letter from ECB Executive Board member Piero Cipollone to Aurore Lalucq, Chair of the European Parliament’s Committee on Economic and… Read More

July 14, 2025 @ 10:08 am By JD Alois  |  

The Anti-CBDC Surveillance State Act (HR 1919) is one of the crypto-related acts of legislation that is expected to be approved by the House of Representatives this week and then soon become law. A CBDC is a central bank digital currency that is issued by… Read More

June 22, 2025 @ 5:02 pm By Omar Faridi  |  

The European Central Bank (ECB) is gearing up for a significant milestone with the planned launch of the digital euro in October 2025. This development marks a pivotal shift in the region’s financial infrastructure, aiming to integrate digital currency into everyday transactions across the euro… Read More

May 11, 2025 @ 4:30 pm By Tony Zerucha  |  

More than 130 countries and currency unions are currently exploring the potential of a central bank digital currency (CBDC). Giesecke+Devrient (G+D) outlines five key factors for ensuring its success and unlocking its full impact on the global financial ecosystem. More than half of all countries… Read More

March 17, 2025 @ 8:52 am By Tony Zerucha  |  

Recent cryptocurrency-related moves from Washington generated mixed reactions from industry insiders. Some moves were more important than the markets may think, while others lacked substance. SPACE ID director of business development Harrison Seletsky said that despite the market’s tepid reaction to the crypto reserve announcement,… Read More

February 11, 2025 @ 3:53 pm By JD Alois  |  

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While typically targeting the Fed’s dual mandate of pursuing full employment and low inflation, the hearing provides an opportunity for the Members to query the Chair on other… Read More

January 27, 2025 @ 4:08 pm By Tony Zerucha  |  

Donald Trump’s inauguration has generated speculation on a range of financial issues. Continue reading for a selection of industry commentary. Cryptocurrency “The most important development will be the legal certainty that comes from a more friendly US regulatory regime. We are now likely to see… Read More

January 14, 2025 @ 8:57 am By JD Alois  |  

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

December 11, 2024 @ 7:37 am By Tony Zerucha  |  

A representative from digital identity platform SPACE ID believes the ECB’s [European Central Bank] work on the digital euro leaves plenty to be desired, especially regarding privacy. Alice Shikova made the comments following the release of the ECB’s second progress report. “The ECB’s second progress… Read More

October 27, 2024 @ 4:31 pm By Michael Wong  |  

Australia has announced a three-year initiative to explore central bank digital currencies (CBDCs), focusing on wholesale applications, regulatory reforms, and industry engagement. Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), shared details of the plan at an industry event in… Read More

September 25, 2024 @ 7:29 pm By Omar Faridi  |  

The Reserve Bank of Australia (RBA) and Treasury released a report this past week summarising research to date on central bank digital currency (CBDC) and how this has informed the RBA and Treasury’s current assessment of CBDC issues in Australia. The report also sets out… Read More

September 25, 2024 @ 7:24 am By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) commenced Phase 2 of the e-HKD pilot program and is expanding Project e-HKD to explore new forms of digital money. The HKMA in Hong Kong revealed on September 23 that it officially began Phase 2 of the e-HKD Pilot… Read More

September 14, 2024 @ 12:49 pm By Michael Wong  |  

Shanghai has unveiled an ambitious action plan to position itself as a global Fintech hub, with 31 measures aimed at upgrading the city’s financial technology landscape over the next three to five years. The action plan, released by the municipal government on Friday, outlines a… Read More

August 26, 2024 @ 4:12 pm By JD Alois  |  

Shri Shaktikanta Das, Governor of the Reserve Bank of India, touched on multiple topics pertaining to Fintech at a global conference entitled Digital Public Infrastructure and Emerging Technologies. Digital Public Infrastructure (DPI) and Emerging Technologies are expected to shape the futures of all economies, said… Read More

July 16, 2024 @ 8:30 pm By JD Alois  |  

  On June 30, 2024, the Markets in Crypto-Assets (MiCA) regime went into effect in the EU. MiCA regulates non-security digital assets, including stablecoins. The EU legislation aims to create an environment where digital asset innovation may take place while providing a compliant ecosystem to… Read More