The IMF's been warned that it might have bitten off more than it can chew as it leads the charge on CBDC policies, as McKinsey claims the tokenization market in 2030 will be worth a lot less than previous estimates. Iran, Ethiopia and South Korea in CBDC news.
ECB President Christine Lagarde casts doubt on a digital euro by 2027 — as China silently removes the 'pilot version' markings from its e-CNY application
The ECB issues a progress report on the digital euro, demand for the e-rupee sinks in India, while China integrates e-CNY in the insurance payment systems
The ECB issues a progress report on the digital euro, demand for the e-rupee sinks in India, while China integrates e-CNY in the insurance payment systems
The IMF's been warned that it might have bitten off more than it can chew as it leads the charge on CBDC policies, as McKinsey claims the tokenization market in 2030 will be worth a lot less than previous estimates. Iran, Ethiopia and South Korea in CBDC news.
ECB President Christine Lagarde casts doubt on a digital euro by 2027 — as China silently removes the 'pilot version' markings from its e-CNY application
China's residents get red envelopes in the e-CNY app, while polls show that 59% of Germans have never even heard of the digital euro. Also this week, a cool use case for tokenization.
The rise of Apple Pay and embedded finance in popular consumer products had long been a looming threat to legacy banks. Now, central banks were feeling the squeeze
From warnings about offline payments to concerns about scammers, here are this week's biggest developments in central bank digital currencies (CBDCs) from around the world.
