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Non-committal CBDC Report Highlights BIS, Central Banks’ Indecision


The Bank for International Settlements (BIS) and a group of leading-economy central banks has issued a report outlining what they believe the key principles of a central bank digital currency (CBDC) should be – but yet again went to great pains to sit on the fence when it comes to the matter...

South Korean Central Bank to Launch CBDC Pilot in 2021


The South Korean central bank, the Bank of Korea (BOK) has announced that it is to begin a central bank digital currency (CBDC) pilot next year, in conjunction with major firms and domestic banks. Per Seoul Shinmun and the Fourth Journal, the BOK has stated that it has completed the design...

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