The Latest Breaking News from CBDC

The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.

In a bid to play catch up with technology companies and younger generations of consumers, central banks are finally starting to take digital currencies seriously. Countries such as Sweden, China, and India have establish pilot digital currencies – respectively, the e-krona, e-yuan and e-rupee – via their central banks. In…

"If you don't trust central authority, then you should see this immediately as something that is very problematic," says the Florida governor.

Government-backed digital currencies are drawing critics from the left and right.

The conversation around the role of central banks in the economy has taken on a new dimension among U.S. presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital U.S. dollar as they make…

With his eyes on the 2024 presidential election, the Florida governor's proposal "is largely a political gesture."

TALLAHASSEE — Echoing recent claims by Alex Jones and other right-wing personalities that the federal government wants to create a Communist-style surveillance system to track the spending habits of Americans, Gov. Ron DeSantis on Monday said he wants to ban such activities in Florida.

President Joe Biden issued an executive order last year calling for more urgency and research on CBDCs.

Governments around the world are issuing blockchain versions of their currency—and not everyone is a fan.

The Bank of England claims the digital pound will help protect the UK from new forms of money that could pose a risk to its financial stability.

As the world moves away from cash, countries are rolling out government-regulated digital currencies that have concerned security experts.