
Central Bank Digital Currency
More central banks exploring CBDCs as number of pilots increases
CBDCs offer various benefits for global economies, according to a BIS report, leading banks to explore use cases tied to...
Big Chinese banks announce involvement in mBridge CBDC project
The BIS announced that its mBrdige had entered the Minimum Viable Product stage and revealed that Saudi Arabia's central bank...
Project Leonidas update: Italian banks complete wholesale CBDC trial
The Italian Banking Association trialed a wholesale CBDC issuance within a DLT environment, with atomicity, transparency and traceability as the...
HSBC extends digital yuan services for corporate clients, eyes new use cases
With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
Russia to start using CBDC for international payments in 2025
Influential legislator Anatoly Aksakov says CBDC payments will be the norm in the next five years, and Russia will be...
BIS mBridge CBDC project enters MVP stage
A seamless cross-border atomic settlement is within arms' reach as Project mBridge enters the MVP stage, showcasing the possibilities of...
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