Reading Time: < 1 minuteA guide has been released by staff members of the International Monetary Fund (IMF) for policymakers and banking institutions to promote the use of central bank digital currencies (CBDCs) worldwide.

Reading Time: < 1 minuteThe Bahamas government is taking steps to boost the use of its “Sand Dollar” central bank digital currency (CBDC) by introducing a new law that will require commercial banks to support it.

Reading Time: < 1 minuteThe Central Bank of Iran (CBI) is initiating a public pilot for a national digital currency, focused on domestic micropayments.

Reading Time: < 1 minuteThis feature will be particularly beneficial for residents in remote regions where internet connectivity is not stable.

Reading Time: < 1 minuteDespite the country’s citizens showing little interest in using a token tied to the Canadian dollar, the central bank is still exploring CBDCs.

Reading Time: < 1 minuteThis initiative, known as the CBDC project, is expected to be implemented within the next two years, according to the bank’s governor Eli Remolona Jr.

Reading Time: < 1 minuteAccording to information provided by Ripple, it has been determined that 19 countries belonging to the Group of Twenty (G19) have taken the initial steps or are currently in the process of implementing a CBDC.

Reading Time: < 1 minuteThe majority of Canadians are against the development of a central bank digital currency (CBDC)

Reading Time: < 1 minuteThe Central Bank of Finland is planning to implement the digital euro (CBDC) into its payment system.

Reading Time: < 1 minuteAccording to Denis Beau, the deputy head of the Bank of France, national digital currencies (CBDC) are seen as a strong alternative to stablecoins.

Reading Time: < 1 minuteAccording to the Central Bank of Argentina, the introduction of a digital currency (CBDC) into the domestic market has the potential to stabilize the nation’s economy.

Reading Time: < 1 minuteThe Central Bank of Pakistan recently declared their intention to legalize digital currency transactions by 2025, and concurrently announced the launch of a central bank digital currency (CBDC).

Reading Time: < 1 minuteLast year, the Central Bank of Thailand expressed its desire to test a central bank digital currency (CBDC) within the next year.

Reading Time: < 1 minuteThe Central Bank of Israel has outlined the main conditions for the potential launch of a national digital currency, known as SHAKED.

Reading Time: < 1 minuteThe Monetary and Banking Research Institute (MBRI) has announced the successful completion of the initial phase of its digital real project.

Reading Time: < 1 minuteThe Turkish authorities expect to complete the trials of its CBDC by the end of the year.

Reading Time: < 1 minuteThe press service of the Reserve Bank of India said yesterday that the testing of the digital rupee will take place in four major cities of the country.

Reading Time: < 1 minuteCBDCs can interact with decentralized finance and bring more stability to the sector.