Central Bank Digital Currency

BIS chief says wholesale CBDCs are coming ‘really soon’
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16 November, 2023

BIS chief says wholesale CBDCs are coming ‘really soon’

Wholesale CBDCs don’t have the many complexities, risks, and complications of retail CBDCs and should launch in a few years,...
India full-scale wholesale CBDC launch may happen in early 2024: report
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14 November, 2023

India full-scale wholesale CBDC launch may happen in early 2024: report

After the successful pilot, the Reserve Bank of India may launch a full-scale wholesale central bank digital currency in January...
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...