The Bank of England (BoE) is proposing an experimental program using its Real-Time Gross Settlement (RTGS) system and wholesale central bank digital currency (wCBDC) to judge their settlement capacity and interoperability, the central bank announced in a discussion paper. Cointelegraph reports that the BoE promised to undertake the new series of experiments within the next […]
Progress on a digital Euro
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There is an interesting update from the European Central Bank (ECB) on a timeline and progress on the Digital Euro project, the central bank digital currency (CBDC). The ECB reports that the preparation phase of the project started in November 2023, laying the foundations for the potential issuance of a digital euro. “This includes finalising […]