In collaboration with U.S. commercial banks, the New York Innovation Center (NYIC) will explore the feasibility of a single payment system or a Regulated Liability Network (RLN). The pilot project […]
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Financial authorities in Singapore and the U.S. will launch a joint project to explore cross-border payments using wholesale central bank digital currencies (CBDC). The Monetary Authority of Singapore (MAS) announced […]
The European Union’s central bank digital currency (CBDC) may have a certain use and storage limit for users. At a conference organized by the European Commission and the European Central […]
The Bank for International Settlements (BIS) along with three major central banks are exploring the use of central bank digital currencies (CBDC) in cross-border payments via DeFi protocols. BIS announced […]
India, Thailand, Singapore, and China revealed their successes and plans in the context of central bank digital currency (CBDC) development practically simultaneously on the same day. Several countries simultaneously shared […]
The National Bank of Kazakhstan (NKB) intends to test the central bank digital currency (CBDC) on Binance. The pilot project of the digital tenge will be integrated into BNB Chain. […]
Japan Credit Bureau is preparing to issue physical cards for a central bank digital currency (CBDC). Japan Credit Bureau (JCB) has started to develop an infrastructure project JCBDC, which will […]
Major financial corporations JPMorgan and Visa have teamed up to optimize cross-border payments using their private blockchain networks. Visa will combine its blockchain network B2B Connect with a similar network […]
Representatives of the People’s Bank of China (PBoC) have reported on the digital yuan’s current success, establishing itself as the most widely used CBDC in the world. The volume of […]
The Reserve Bank of India (RBI) has unveiled reasons, key goals, and features of a central bank digital currency (CBDC) pilot project. The RBI released a “concept note” on India’s […]