This document outlines the details of the CBDC Engagement Forum held on 18th September 2023, focusing on the discussions around Project Rosalind, design objectives, working groups on offline payments and retailer needs, and the current membership involved in the forum. The engagement forum members a

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Central Bank Digital Currency (CBDC) offers numerous advantages such as scalability, safety, and potential for financial inclusion. India introduced its CBDC a year ago with goals of digitizing the economy and simplifying cross-border trade settlement. However, CBDC penetration is currently low, and

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This update discusses the rise of Central Bank Digital Currencies (CBDCs) globally. It covers updates on CBDC research and pilots in various countries, the increasing number of central banks with CBDC projects, the varying attributes of retail CBDC projects, and the positive shift in speeches regard

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Delve into the world of Central Bank Digital Currency (CBDC) technology through discussions, agenda items, and next steps outlined during the CBDC Technology Forum held on July 26, 2023. The event highlighted key areas such as design phase intentions, new member introductions, sub-group workings, an

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The BIS Innovation Hub is driving forward initiatives to transform finance, focusing on Central Bank Digital Currency (CBDC) projects. One notable project is the multi-CBDC bridge, aiming to enhance cross-border payments by connecting CBDCs of various jurisdictions. The mBridge project progressed fr

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The CBDC Engagement Forum on January 17, 2024, will focus on updates, working group discussions, future initiatives, and key topics like interoperability, privacy, and consumer protections concerning a digital pound.

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