SWIFT completes CBDC connector second trials
Participated by 38 institutions, results of the second trial of SWIFT's CBDC connector have been released, a project enabling CBDC systems to communicate via messaging.
Participated by 38 institutions, results of the second trial of SWIFT's CBDC connector have been released, a project enabling CBDC systems to communicate via messaging.
Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and tokenization initiatives, while the growth of the Web3 sector is also seen as a contributor.
Projected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of the digital dirham and the completion of a previous project with India.
GSBN, with help from Ant Group, is modernizing the shipping industry through eBL, a blockchain-powered prototype that tokenizes goods and could propel Hong Kong's CBDC to greater heights.
The People’s Bank of China—the country's central bank—and its Digital Currency Research Institute have published a guide for foreign tourists seeking to use its central bank digital currency.
The ECB is establishing seven new ‘workstreams’ to develop the digital euro rulebook, and experts in payments infrastructure and architecture were encouraged to apply by April 5.
U.S. Fed Chair Jerome Powell insists he's not plotting to unleash a CBDC, while a new study says concerns about BTC and other digital currency tokens ever serving as global currency are overblown.
The new iteration of its CBDC, the e-HKD, intends to explore new use cases for the CBDC in retail and wholesale verticals, according to the Hong Kong Monetary Authority.
A document prepared by the Federal Reserve for presentation to Congress reveals that a CBDC is one of the key duties it’s probing, alongside FedNow and wholesale payments.
Republicans are sounding the alarm over the U.S. Federal Reserve’s CBDC plans, while ‘crypto’ voters prefer CBDC-opponent Donald Trump rather than Joe Biden for president.
Brazil's central bank follows other countries in exploring an offline payment solution for its CBDC as part of its effort to ease interbank settlements and attain financial inclusion.
The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked to banks and users can use a variety of PSPs.