Central Bank Digital Currency Archives

Central Bank Digital Currency

5 June, 2024

More details on Project Agorá—the plan to tokenize correspondent banking

The Bank for International Settlements is banking on its Project Agorá to address the declining number of correspondent banks worldwide...

Brazil delays DREX CBDC launch over privacy concerns

Finance

Gavin Lucas

3 June, 2024

Brazil delays DREX CBDC launch over privacy concerns

Similar to developed nations, Brazil also shows great concerns regarding the privacy of CBDCs despite conducting several trials to address...

Spain’s central bank launches third wholesale CBDC trial

Finance

Steve Kaaru

30 May, 2024

Spain’s central bank launches third wholesale CBDC trial

The Bank of Spain launched two CBDC trials earlier this year and has now announced a third one with IT...

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade

Finance

Wahid Pessarlay

30 May, 2024

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade

The framework is expected to allow China and Thailand to carry out international trade in the Chinese yuan or the...

BIS payments committee to focus on tokenization, CBDCs in 2025 work program

Finance

Steve Kaaru

29 May, 2024

BIS payments committee to focus on tokenization, CBDCs in 2025 work program

The committee will also delve into central bank collaboration on CBDCs and asset-linked stablecoin arrangements to promote payments market efficiency.

Finance

Steve Kaaru

28 May, 2024

Hong Kong enables digital yuan payments

Hong Kong has become the first destination beyond mainland China to allow residents to open digital yuan wallets and make...

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Wahid Pessarlay

27 Dec 2024

Central Bank Digital Currency

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