Retail CBDC pilot to be started by Bank of Thailand

The retail Central Bank Digital Currency (CBDC) pilot programme, slated to run from late 2022 to mid-2023, has officially begun, according to the Bank of Thailand.

The study, which will concentrate on the growth of retail CBDC and its potential effects across the banking sector, will ma...

BANK OF KOREA GOVERNOR SAY NO TO BITCOIN, YES TO DIGITAL CURRENCY

Highlights:

•             Lee Ju-yeol considers bitcoin to be an asset with no intrinsic value

•             He supports the idea of central bank d...

BANK OF JAPAN TO BEGIN SUBSTANTIVE TESTING OF DIGITAL CURRENCY

Highlights –

• Bank of Japan to begin substantive testing of digital currency.
• A team of 10 or so members was formed by BOJ to work on digital currency issues.
• Central bank digital currency needs BOJ to ensure their two functions are c...