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Central Bank Digital Currency

Shenzhen ramps up CBDC adoption with first-ever e-CNY industrial park
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11 November, 2023

Shenzhen ramps up CBDC adoption with first-ever e-CNY industrial park

Shenzhen, aiming for a widespread digital yuan adoption, Shas unveiled an industrial park housing various financial institutions that will serve...
Switzerland’s central bank launches wholesale CBDC pilot with UBS, commercial banks
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9 November, 2023

Switzerland’s central bank launches wholesale CBDC pilot with UBS, commercial banks

The pilot, dubbed Helvetia Phase III, builds upon two previous studies with collaborations from the Bank for International Settlements and...
Google pitches offline CBDC plan to central banks to boost adoption rates
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5 November, 2023

Google pitches offline CBDC plan to central banks to boost adoption rates

The guide, which is a part of Project Polaris, remarked that launching offline CBDCs will require a tailor-made approach, given...
BIS releases details for widely anticipated Project mBridge ahead of MVP
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5 November, 2023

BIS releases details for widely anticipated Project mBridge ahead of MVP

Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for International Settlements...
Hong Kong wraps up first phase of CBDC pilot; next stage to explore new use cases for e-HKD
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4 November, 2023

Hong Kong wraps up first phase of CBDC pilot; next stage to explore new use cases for e-HKD

Wrapping up its e-HKD pilot, Hong Kong's central bank said programmability, tokenization, and atomic settlement are the key areas that...
China’s digital yuan used for crude oil deal: report
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3 November, 2023

China’s digital yuan used for crude oil deal: report

China's digital yuan makes its mark in a landmark crude oil transaction, underscoring its growing significance in cross-border trade and...
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