Central Bank Digital Currency

4 Trends Shaping EMEA Banking Sector in 2023
4 Trends Shaping EMEA Banking Sector in 2023
January 02, 2023  |  Banking

In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking...

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Turkish Central Bank Tests Digital Lira
Turkish Central Bank Tests Digital Lira
December 29, 2022  |  CBDC

The Central Bank of Turkey has tested a digital lira. Like many central banks around the world, the central bank of Turkey (CBT) is exploring...

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Crypto’s Pain Is CBDC and Digital Dollar’s 2022 Gain
Crypto’s Pain Is CBDC and Digital Dollar’s 2022 Gain
December 28, 2022  |  CBDC

One surprising digital dollar asset had a great 2022, and it wasn’t cryptocurrency. While the past year saw the value of the crypto market shrink...

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ECB Outlines Banks’ Role in Central Bank Digital Currency Project
ECB Outlines Banks’ Role in Central Bank Digital Currency Project
December 21, 2022  |  CBDC

The ECB has published an update on its Central Bank Digital Currency project. The report, published on Thursday (Dec. 21), outlines the European Central Bank’s...

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Nigeria Cuts ATM Cash Withdrawals and Urges eNaira Use
Nigeria Cuts ATM Cash Withdrawals and Urges eNaira Use
December 06, 2022  |  CBDC

The Central Bank of Nigeria has redefined ATM withdrawal limits to encourage digital currency usage. In a Tuesday (Dec. 6) press release, the CBN said...

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India’s Bankers Unimpressed With Digital Rupee
India’s Bankers Unimpressed With Digital Rupee
December 01, 2022  |  CBDC

India’s digital rupee has so far demonstrated little benefit, the nation’s bankers say. In a report from Reuters published Thursday (Dec. 1), seven bankers said...

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India to Test Retail Version of Digital Rupee
India to Test Retail Version of Digital Rupee
November 29, 2022  |  CBDC

India’s central bank will begin testing its proposed digital rupee for retail use this week. “The pilot will test the robustness of the entire process of...

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Ukraine’s Central Bank Details CBDC Project
Ukraine’s Central Bank Details CBDC Project
November 29, 2022  |  CBDC

Ukraine’s central bank is considering a central bank digital currency to let users trade cryptocurrency. According to a Monday (Nov. 28) news release from the...

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Report: Bank of Japan Set to Test CBDC
Report: Bank of Japan Set to Test CBDC
November 23, 2022  |  CBDC

The Bank of Japan will reportedly join a host of other countries in testing a central bank digital currency (CBDC) next year in experiments with...

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