Central Bank Digital Currency
Indian banks offer incentives to lift e-rupee use as wholesale CBDC usage plunges
Local banks are actively offering cashbacks and reward points to woo customers into using the wholesale CBDC following a significant...
Israel’s digital shekel challenge targets innovative CBDC applications
The Bank of Israel launched the challenge to explore the feasibility of issuing a digital shekel, inspired by the Bank...
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
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
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
The framework is expected to allow China and Thailand to carry out international trade in the Chinese yuan or the...
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