The Treasury and Bank of England have launched a consultation on the creation of a ‘digital pound’ – possibly to be released into circulation by 2030. This type of virtual money is known as central ...

This paper informs the Executive Board about recent developments in central bank digital currency (CBDC), and summarizes the key messages and findings from the third wave of CBDC virtual Handbook ...

This note explores the implementation of central bank digital currencies in environments with limited connectivity, emphasizing the need for offline solutions to enhance financial inclusion. It ...

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 ...

The European Central Bank confirmed its digital euro project will reach a launch decision following successful pilot programs with commercial banks and payment providers. The ECB is conducting ...

Consider the humble bank note. Wrinkled and torn as it may be, it’s the only government-issued legal tender — the only direct obligation of a central bank — to which most people have access. It’s ...