An ECB executive warns that in a ‘weaponised’ global financial system, Europe risks losing control over payments. A digital euro is cast as vital to safeguard monetary sovereignty and strategic autonomy.
India’s central bank is urging nations to prioritize central bank digital currencies over privately issued stablecoins, warning that reliance on corporate tokens could undermine monetary sovereignty and financial stability.
ECB intensifies preparations for digital euro launch, advancing technical trials, regulatory frameworks and stakeholder consultations to ensure secure, scalable rollout and maintain monetary stability.
As Congress returns from recess, lawmakers renew debate over a U.S. central bank digital currency, scrutinizing implications for privacy, financial stability and innovation amid intense lobbying.
Bolivia is set to launch a digital currency aimed at improving cross-border payments, signaling a significant step in the global de-dollarization trend. This move reflects growing efforts by countries to reduce reliance on the US dollar in international trade.
The Brazillian Central Bank extends an invitation to new participants to join its CBDC pilot program, marking a significant step towards modernizing the country’s financial landscape.