The central bank is proceeding cautiously and will continue collaborating with international counterparts to build robust ...

Cambodia's Bakong is commonly pointed to as Southeast Asia's most successful CBDC, except it's not a CBDC. Southeast Asia has 11 countries with a combined population of 700 million people, including ...

The House of Representatives has officially passed the CBDC Anti-Surveillance State Act, a sweeping bill designed to block the Federal Reserve from issuing or testing a central bank digital currency ...

A survey from a central bank-focused think tank found that fewer than one in five central banks are inclined to issue a central bank digital currency, compared to 38% in 2022. Update (March 31 at 4:09 ...

A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban ...

Forbes contributors publish independent expert analyses and insights. Shaping the future of banking with bitcoin. This week, so-called “Crypto Week” on Capitol Hill faltered when the House failed to ...

US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed ...

Central Bank Digital Currencies (CBDCs) are no longer a speculative concept, they’re rolling out in pilots across the globe, and they’re poised to reshape how corporates, banks, and governments ...

The Reserve Bank of Australia said it will prioritize work on a wholesale central bank digital currency over a retail version. A wholesale CBDC is a digital token issued by central banks for use by ...

A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. Privacy and sovereignty concerns ...

How could practitioners assess the domestic financial stability implications of retail CBDC? This chapter identifies six key transmission channels through which CBDC can affect financial ...

A group of Republicans has called foul after the US House passed a massive defense spending bill on Wednesday that omitted a ban on central bank digital currencies despite promises it would be ...