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CBDC

Devour Alterverse Partner04

13 Jun 23

Bank of Thailand announces CBDC pilot project

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of Thailand has announced its commencement of a pilot project, set to launch this month, for testing a retail central bank digital currency (CBDC) within a regulatory sandbox. With a goal to involve up to 10,000 users, the project […]

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05 Jun 23

UK parliamentary group urges caution over UK CBDC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report released by the U.K.’s All Party Parliamentary Group on crypto and digital assets urges the government to carefully consider the introduction of a CBDC, or “digital pound.” In a comprehensive analysis of CBDCs, the U.K.’s All Party Parliamentary Group […]

02 Jun 23

Kenyan central bank says CBDC not a priority

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following a period of feedback collection on central bank digital currencies (CBDCs) earlier this year, Kenya’s central bank (CBK) has told the public that a CBDC is not a priority. Additionally, the CBK has expressed the view that the appeal of […]

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29 May 23

Bank of Japan advances CBDC program, following successful tests

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of Japan (BOJ) has completed the second stage of its CBDC experimentation and is now moving forward with its pilot project. The Bank of Japan (BOJ) has successfully wrapped up the second phase of its study into the possibilities […]

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26 May 23

Visa and Microsoft join forces for Brazilian CBDC pilot project

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Brazilian central bank’s digital currency (CBDC) pilot project is set to attract the participation of both national and global companies. Banco Central do Brazil, the country’s central bank, has announced its plan to onboard participants onto the digital real platform […]

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19 May 23

Ripple to showcase tokenization with new CBDC platform in Hong Kong

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple, a leading crypto solutions company, has announced its participation in the digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program initiated by the Hong Kong Monetary Authority (HKMA). As part of the program, Ripple will showcase a […]

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19 May 23

Ripple launches CBDC and stablecoin issuance platform

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple, a leading crypto solutions company, has introduced the Ripple CBDC Platform, a comprehensive solution for central banks, governments, and financial institutions to issue their own central bank digital currencies (CBDCs) and manage the lifecycle of fiat currencies. Barely 24 hours […]

Hong Kong03

18 May 23

Hong Kong launches pilot CBDC program

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On May 18, the Hong Kong Monetary Authority (HKMA) officially initiated the e-HKD Pilot Program, a significant project under its ‘three-rail’ approach. This development is seen as a strategic progression towards a potential introduction of a retail Central Bank Digital Currency […]

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15 May 23

Samsung and Bank of Korea join forces for CBDC research

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Samsung Electronics and the Bank of Korea (BOK) have announced a partnership to conduct joint research, focusing on the development of an offline payment system for a central bank digital currency (CBDC). The South Korean tech giant Samsung Electronics and the […]

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11 May 23

BIS reveals CBDC handbook for fintech development

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent development, the Bank for International Settlements (BIS) Innovation Hub has unveiled a comprehensive handbook. Its primary aim is to support central banks in navigating the complexities of implementing offline central bank digital currency (CBDC) technology. The guide emphasizes […]

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