Round-Up of CBDC News

Countries Announcing Work on CBDCs

Central banks making statements about investigating or working on Central Bank Digital Currencies (CBDCs) this month include Bank Indonesia, the Bank of Korea (pilot June 2021-January 2022), Bank of Mauritius, the South Africa Reserve Bank (retail CBDC), and the Bank of Thailand.

The Central Bank of Brazil, who announced that a CBDC may be ready as early as next year, has now said that a CBDC may be two or three years away.

Sweden’s Riksbank has announced that it will work with Handelsbanken and TietoEvry, a software firm, to test the integration of payment flows between existing systems and the e-krona’s technical platform.

The Bank of Ghana has announced that it is at the implementation phase of an e-Cedi and is looking to move into the pilot stage for a feasibility study.