News Brazil and Thailand to Explore Tokenization for Financial Transactions The Hong Kong Monetary Authority (HKMA) is expanding its international links via Project Ensemble, a tokenization initiative. Banco Central do Brasil (BCB), with its Drex pilot program, and the Bank… 15 mins ago (upd. 29.10.2024) #CBDC #News #Tokenization
News Eswatini to Develop Retail CBDC Authorities of the Kingdom of Eswatini in Southern Africa reported the success of their pilot project for a retail central bank digital currency (CBDC). The initiative aims to improve domestic… 3 weeks ago (upd. 11.10.2024) #CBDC #News
News Brazil to Test CBDC Compatibility with DeFi Banco Central do Brasil (BCB) will test decentralized finance (DeFi) elements to accelerate tokenization adoption by local banks as part of a pilot project Drex, a central bank digital currency… 3 weeks ago (upd. 07.10.2024) #CBDC #News
News Hong Kong Expands CBDC Pilot Project The Hong Kong Digital Dollar (e-HKD) pilot project entered a new phase to test cases related to asset tokenization, programmability, and offline payments. The Hong Kong Monetary Authority (HKMA) announced… 1 month ago (upd. 24.09.2024) #CBDC #News
News IMF to Propose Accelerated Strategy for CBDC Adoption The International Monetary Fund (IMF) introduced a new approach to the global adoption of central bank digital currencies (CBDC) based on a four-phase concept to promote the use of CBDCs…. 1 month ago (upd. 23.09.2024) #CBDC #News
News Canada Rejects CBDC and Develops National Payment Systems The Bank of Canada (BoC) suspended the development of a retail central bank digital currency (CBDC) in order to focus on regulating the payments sector and modernizing national payment systems…. 1 month ago (upd. 23.09.2024) #CBDC #News #Payments #Regulation
News Australia Rejects Retail CBDC and Starts Developing Wholesale eAUD The Reserve Bank of Australia (RBA) announced that a wholesale central bank digital currency (CBDC) offers greater benefits to the country’s financial system. The regulator is abandoning plans to introduce… 1 month ago (upd. 18.09.2024) #CBDC #News
News Brazil’s CBDC Pilot Project Moves to New Stage Banco Central do Brasil (BCB) announced that the digital real (CBDC) pilot project, known as Drex, entered a new phase. Participants include 16 consortiums and large financial companies. The second… 2 months ago (upd. 10.09.2024) #CBDC #News
News Number of Digital Rupee Users Reached 5 Million The Reserve Bank of India (RBI) continues to test the central bank digital currency (CBDC). Sixteen local banks already joined the project, and the number of retail users of the… 2 months ago (upd. 27.08.2024) #CBDC #News
News Taiwan Not to Rush Launching CBDC Amid Active Growth of Local Crypto Market Taiwan continues to develop its central bank digital currency (CBDC), focusing on improving the operational efficiency of the asset rather than the speed of its deployment. At the same time,… 4 months ago (upd. 08.07.2024) #CBDC #News