FinTech
Multi-CBDC Bridge Can Enable Cross-Border Payments in Seconds: Report
Central banking money removes the anonymity of physical bank notes while making cross-border transfers trivial.
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CBDC
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CBDC
Policy
Reserve Bank of India to Launch Wholesale CBDC Pilot on Nov. 1
The Reserve Bank of India (RBI) announced its plan to launch the pilot for a wholesale CBDC on Nov. 1.
Metaverse
South Korea to Launch Blockchain-Based Digital IDs for Citizens By 2024
South Korea readies to completely digitize its governance and economy.
FinTech
One-Third of Digital Yuan Bridge Transactions Come from Shenzhen: Report
Shenzhen-based companies account for one-third of CBDC bridge pilot project transactions in China, according to a local media report.
Policy
India’s Central Bank to Launch CBDC Pilot Soon: Report
India's central bank is planning to initiate the pilot launch of its CBDC for specific use cases, according to a concept paper released on Friday.
Policy
Iran Rushes CBDC Pilot Launch After Using Crypto for Foreign Trade Last Month
Iran recently announced they plan to launch a CBDC pilot on 22nd September.
FinTech
Hong Kong Seeks to Launch Wholesale CBDC Within 2-3 Years
Hong Kong completed market consultations on the development of its own CBDC, with the city planning to roll out a wholesale e-HKD in two to three…
FinTech
Brazil, India Join CDBC Race: Will Start Pilot Projects in 2022
India and Brazil are preparing for upcoming CBDC pilot projects as more countries explore a central bank digital currency project.
Crypto
“Freedom Without Constraints is Not True Freedom”: Digital Yuan Project Lead
The key person responsible for digital yuan reveals CBDC consensus across the board.
Crypto
SWIFT Could Use CBDCs to Improve Cross-Border Payments
SWIFT is exploring interlinking multiple CBDC networks for faster and cheaper cross-border transactions.
Crypto
Multi-CBDC Platform Could be the New International Settlement Standard
An multi-CBDC platform could offer faster, cheaper, and more secure international settlements according to the Bank of International Settlements (BIS).
Crypto
Users Not Happy with Jamaican CBDC’s New Name
After a successful pilot program, Jamaica’s soon-to-be-launched CBDC is named JAM-DEX following a name, logo, tagline and image design competition.
Crypto
Myanmar’s Military Junta Explores Cryptocurrency as its Economy Shrinks
Myanmar’s ruling government seeks to create its own digital currency after issuing a blanket ban on cryptocurrency.