Central Bank Digital Currency
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...
BIS payments committee to focus on tokenization, CBDCs in 2025 work program
The committee will also delve into central bank collaboration on CBDCs and asset-linked stablecoin arrangements to promote payments market efficiency.
Hong Kong enables digital yuan payments
Hong Kong has become the first destination beyond mainland China to allow residents to open digital yuan wallets and make...
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