The Treasury and Bank of England have launched a consultation on the creation of a ‘digital pound’ – possibly to be released into circulation by 2030. This type of virtual money is known as central ...

This paper informs the Executive Board about recent developments in central bank digital currency (CBDC), and summarizes the key messages and findings from the third wave of CBDC virtual Handbook ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The BofE has been privately urging the banking industry to ...

The Bank of England has signaled a more pragmatic approach to stablecoin regulation as Deputy Governor Sarah Breeden outlined a vision for a “multi-money” payments system where digital tokens, ...

By Jaspreet Kalra and Nikunj Ohri MUMBAI/NEW DELHI, Jan 19 (Reuters) - India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and ...

The world economy is currently undergoing a major transformation, marked by the widespread move to central bank digital currency (CBDC). Comparable to the introduction of paper money in 18th century ...

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

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 ...

Norway rules that a digital krone is unnecessary for now, highlighting its strong payment rails and the uncertain benefits of both retail and wholesale CBDCs. Norges Bank, the central bank of Norway, ...

LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as ...