CBDC

IMF officials want to make cross-border payments easier by using digital currency. (William Potter/Getty Images)
New Global CBDC Platform Could Cut Payment Costs, IMF Says
The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.
IMF officials want to make cross-border payments easier by using digital currency. (William Potter/Getty Images)

The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and polic...
The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)

Financial Services Minister and Assistant Treasurer Stephen Jones at the launch of DFCRC. (DFCRC/orlandosydney.com)
Australia Starts Research Program to Explore Digital Asset Opportunities
The Assistant Treasurer and Minister for Financial Services Stephen Jones officially started the program Monday at the Australian Securities Exchange.
Financial Services Minister and Assistant Treasurer Stephen Jones at the launch of DFCRC. (DFCRC/orlandosydney.com)

Olli Rehn, governor of the Bank of Finland (Horacio Villalobos/Getty Images)
Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor
While making a case for digital euro, Bank of Finland Governor Olli Rehn said central bank digital currencies won't be subject to the price volatility of private cryptos.
Olli Rehn, governor of the Bank of Finland (Horacio Villalobos/Getty Images)

(Paper Boat Creative/Getty Images, modified by CoinDesk)
The US Appears in No Rush on CBDCs
Might the U.S. consider embracing private stablecoins instead of a FedCoin?
(Paper Boat Creative/Getty Images, modified by CoinDesk)

The eNaira wallet registration page (CoinDesk)
Nigeria's CBDC eNaira Used for Nearly $10M Worth of Transactions Since October
The eNaira app has been downloaded 840,000 times and has 270,000 active wallets
The eNaira wallet registration page (CoinDesk)

Colombian flag (Flavia Carpio/Unsplash)
Colombia Explores Creating a CBDC to Combat Tax Evasion
As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions.
Colombian flag (Flavia Carpio/Unsplash)

Bank of England (PeterRoe/Pixabay)
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
Bank of England (PeterRoe/Pixabay)

Australian dollars (Squirrel photos/Pixabay)
Reserve Bank of Australia Starts Pilot to Explore CBDC Use Cases
Australia's central bank plans to create a CBDC that will operate in a ring-fenced environment.
Australian dollars (Squirrel photos/Pixabay)