India Eyes State Digital Currency to Cut $90 Million Banknote Bill The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country’s huge spend on minting physical cash.… Read More
Bitt Inks Blockchain Deal With Another Caribbean Central Bank Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.… Read More
Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada’s central bank. … Read More
Bank of Korea: Central Bank Cryptocurrencies Pose ‘Moral Hazard’ South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.… Read More
Thailand Trials Central Bank Digital Currency for Interbank Settlement Thailand’s central bank is examining how a blockchain-based digital currency could make interbank settlement both faster and cheaper.… Read More
Hong Kong Official Rules Out Plan for Central Bank Digital Currency Hong Kong’s de facto central bank has no plan to issue a central bank digital currency (CBDC), a government official said on Wednesday.… Read More
Japanese Official: No Plans For Central Bank Cryptocurrency The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability. … Read More