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India on course with its CBDC project, releases first Digital Rupee concept note

The Reserve Bank of India (RBI) has stepped up its Central Bank Digital Currency (CBDC) project. The RBI has issued a 50-page concept note outlining their CBDC plans. Many countries around the world including the US, Kenya, Iran, Tanzania, Israel, and Ukraine are working on CBDCs since they serve as direct replacements for cryptocurrencies. дальше »

2022-10-9 16:42


BIS Sets Up To Explore CBDC With The Central Banks Of Sweden, Israel And Norway

One of the most notable features of cryptocurrency is its ability to enable instant cross-border payments, which has attracted a widening number of territories so far. Around 105 countries have tapped the technology, with some currently in the final stages of launching their Central Bank Digital Currency (CBDCs), like China. Others, like Sweden and Israel, […] дальше »

2022-9-30 03:31


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Bank of Israel Publishes a Report On Central Bank Digital Currencies

The Governor of the Bank of Israel, in November 2017, appointed a team of research analysts to explore the possibility of introducing Central Bank Digital Currencies (CBDC). According to the report, published on November 6, 2018, the team raised many concerns and did not recommend the Bank of Israel to progress forward with a digital currency in the near future. дальше »

2018-11-8 18:00