The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...
Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
Project Aurum highlighted a technological stack to explore the viability of wholesale and retail CBDCs, utilizing two different tokens—intermediated CBDCs...
Sveriges Riksbank is also partnering with Norway in Project Icebreaker to test the viability of CBDCs in international retail and...
The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and...
BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...