Visa, Microsoft and others join Brazilian CBDC pilot
Both national and global companies will take part in the upcoming pilot project of the Brazilian central bank digital currency. Go to Source Powered by WPeMatico
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7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC. Go to Source Powered by WPeMatico
CBDCs on the horizon: The current state of CBDC initiatives around the world
Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community. Go to Source Powered by WPeMatico
Russian lawmakers propose amendments to digital ruble bill
The bill could be changed regarding debt operations, services for non-residents and the role of the central bank. Go to Source Powered by WPeMatico
NY Fed and MAS publish joint CBDC cross-border payment project results
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency. Go to Source Powered by WPeMatico
IMF sees room for eNaira improvement in first year assessment
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment. Go to Source Powered by WPeMatico
Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the equity release of tokenized real estate assets with Ripple’s new CBDC product. Go to Source Powered by WPeMatico
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans. Go to Source Powered by WPeMatico
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye towards quickly implementing the “travel rule” for crypto assets. Go to Source Powered by WPeMatico
Samsung to research South Korea’s CBDC for offline payments
The collaboration will have both parties researching the offline capabilities of the CBDC issued by South Korea’s central bank. Go to Source Powered by WPeMatico
