Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead of their salary account in December

Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges

CBDCs such as China's digital yuan (e-CNY) are centralised by design and don't need a decentralised ledger, such as in the case of bitcoin

Officials in Shenzhen in China's southern Guangdong province are giving out millions in cash via the digital yuan to stimulate its pandemic-hit economy and use of the digital currency

The RBNZ said feedback from the public had helped affirm the importance of privacy and autonomy and that this would be a focus of further policy work

Three construction project payments were successfully made through China’s digital yuan, or e-CNY, in the eastern Chinese city of Suzhou

Project Dunbar is jointly led by the BIS Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore and the South African Reserve Bank

Roughly 100 countries are looking at CBDCs, the IMF estimates, as it published a study looking at six nations where digital money is already in place

While Bank of Japan has made no decision yet on own digital currency, it is proceeding with experiments and a plan to deliberate on specific designs of one, Governor Haruhiko Kuroda said