RBI Expands Retail Digital Rupee Testing Pilot to Include More Banks and Cities

The Reserve Bank of India (RBI) said it is expanding its retail digital rupee testing pilot to include more banks and expand the list of cities. The central bank said in an annual report that it has been testing its own digital currency (CBDC) in stages. In November 2022 ...

ECB to Begin CBDC Tests this Summer, with Potential Launch in Three to Four Years

This was announced by ECB Executive Board member Fabio Panetta He noted that the regulator will move to CBDC tests as early as this summer The ECB held its 25th anniversary ceremony in Frankfurt last week, May 24. As part of the event, a member of the executiv ...