Spain’s central bank to experiment with wholesale CBDCs
The Bank of Spain said the study can help determine to what extent it can adapt to the "needs and demands of an increasingly digital society.”
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The Bank of Spain said the study can help determine to what extent it can adapt to the "needs and demands of an increasingly digital society.”
While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins.
“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo.
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Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion.
The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for…
India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start…