Learn how CBDCs work, why they’re rising globally, and how they could transform payments, privacy, and financial inclusion in ...

Financial authorities in the Russian Federation are expanding the geography and participation in the pilot project for the ...

A retail CBDC is essentially a digital version of cash — a virtual banknote denominated in the national currency that can be ...

As the momentum for central bank digital currencies (CBDCs) builds globally, one crucial issue remains unresolved, with significant implications for sovereignty and privacy: Who will control the ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency ...

Among the countries that have launched central bank digital currency (CBDC) or are conducting large-scale pilots, adoption remains slow and limited due to various challenges such as lack of public ...

Rwanda is set to take a step toward the future of finance as the pilot phase of the Central Bank Digital Currency (CBDC) is scheduled to begin next year, the Governor of the National Bank of Rwanda, ...

1. Introduction: What is a CBDC? A Central Bank Digital Currency (CBDC) is a digital currency issued directly by a country's central bank, such as the Federal Reserve in the United States or the ...

Mass adoption of Russia’s upcoming digital ruble is not to be expected, according to one of its monetary authority’s ...

South Africa has delayed its retail CBDC while its central bank focuses on modernising payments and reviewing digital ...