South Korea plans to devote a quarter of its 499 billion budget to digital tokens by 2030, starting with subsidies on electric vehicles in 2026 as part of the Project Hangang CBDC system.

The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies ...

The Reserve Bank of India has urged countries to focus on central bank digital currencies over privately-issued stablecoins, ...

Politico is reporting that a group of House conservatives are trying to tie a vote on Rep. Tom Emmer’s (R-MN) central bank digital currency bill to a deal on broader cryptocurrency legislation.

The PBOC is seeking to add interest payments to e-CNY holders, to expand the national use of the digital yuan, while the US ...

Then, as if on cue, the IMF held a CBDC forum and two potential 2024 presidential candidates came out swinging against central bank digital currencies. If those speeches are any indication of what’s ...

Coinbase warns US risks losing its digital finance edge to China as stablecoin regulations and CBDC competition intensify.

Investors bought up $188 million in stocks linked to the Chinese CBDC. Share prices soared by over 12% on Tuesday. Chinese banks will pay customers interest on their CBDC holdings.