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The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely to outweigh these risks.” Go to Source
The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. Go to Source
The Solomons join tiny island nations worldwide at the forefront of CBDC development. Soc A new CBDC joins the very large crowd. Go to Source
People who were aware of CBDCs were more reluctant to adopt the technology when compared to those who didn’t know about it. Go to Source
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. Go to Source
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms. Go to Source
A total of four foreign banks have integrated China’s e-CNY CBDC thus far. Go to Source
The British bank will provide e-CNY CBDC services to clients and explore its future use in China’s financial system. Go to Source
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange, or send it to other users. Go to Source
The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope. Go to Source
