Neowin News Feed for: Cbdc

The European Central Bank could issue a digital euro by 2027

Paul Hill — Mon, 16 May 2022 13:56:01 +0000

Fabio Panetta, an ECB board member, has said that work on the digital euro could tentatively start by the end of 2023. It could then be available to the public after about three years of work. Read more...

Venezuela launches digital currency and removes six zeroes off its currency

Paul Hill — Fri, 01 Oct 2021 18:02:01 +0000

Venezuela has become the latest country to adopt a digital currency. The new Digital Bolivar is available as paper money but can also be used over SMS to facilitate payments for goods and services. Read more...

India is aiming to trial digital rupee by the end of the year

Paul Hill — Fri, 27 Aug 2021 13:32:01 +0000

India's reserve bank governor has revealed that it could begin testing its Central Bank Digital Currency sometime in December. It could still take several years for a CBDC to become widespread though. Read more...

UK central bank looking into the creation of a digital currency

Paul Hill — Mon, 19 Apr 2021 21:22:01 +0000

The UK's Bank of England has established a taskforce to look into the creation of a Central Bank Digital Currency. This doesn't definitely mean the UK will go ahead with the creation of a CBDC. Read more...

Some Japanese politicians want a digital yen to counter China's digital yuan

Paul Hill — Fri, 07 Feb 2020 11:42:01 +0000

A group of politicians inside Japan's ruling party will submit proposals saying that a digital yen should be developed. It's also asking for it to be a topic at the next G7 meeting scheduled for June. Read more...

Federal Reserve Governor says Fed is looking at making a digital currency

Paul Hill — Thu, 06 Feb 2020 12:00:01 +0000

A U.S. Federal Reserve Governor, speaking at a conference, said that the Fed is looking into developing its own digital currency. It's still early days so don't expect any launches soon. Read more...