Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
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Fed conference hears stablecoins may boost USD as global reserve currency
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system.
BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives…