Explore the digital pound, a CBDC by the Bank of England, aiming to coexist with cash and enhance financial inclusion, stability, and security.
The UK Government is preparing for a retail CBDC to supplement cash and improve payments. The final decision on its launch is expected in 2025.
The United Arab Emirates central bank has shared its strategy for launching its digital Dirham. The first phase of the UAE CBDC will be completed by 2024.
Nigeria CBDC usage is increasing due to the cash shortage in the country's struggling economy, leading many to turn to the eNaira.
The new head of the UK CBDC will define the strategic direction of the government's effort to introduce a digital pound after public consultation.
Russia is moving forward with a digital ruble and plans to investigate two potential cross-border CBDC settlement models.