Central Bank Digital Currency

Project Ensemble to boost Hong Kong tokenization efforts
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5 September, 2024

Project Ensemble to boost Hong Kong tokenization efforts

Hong Kong’s Monetary Authority has partnered with HSBC and StanChart banks, which will provide tokenized deposits, with Microsoft and BlackRock...
India’s CBDC has 5M users, RBI in ‘no rush’ to launch it
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28 August, 2024

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it

India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...
Cambodia’s Bakong app boosts tourism by enabling payments for 3.3M locations
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24 August, 2024

Cambodia’s Bakong app boosts tourism by enabling payments for 3.3M locations

The National Bank of Cambodia confirmed a commitment to setting up QR locations nationwide to streamline payments using the Bakong...
Ghana issues draft digital asset guidelines
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23 August, 2024

Ghana issues draft digital asset guidelines

The new guidelines require VASPs to obtain licenses from the SEC, abide by AML rules and report crimes while entitling...
Jamaica’s largest bank casts doubt on CBDC
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23 August, 2024

Jamaica’s largest bank casts doubt on CBDC

The National Commercial Bank, the only Jamaican bank that currently offers a CBDC wallet, says that while its digital banking...
Tokenized deposits gaining traction in India, central bank says
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21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
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