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Central Bank Digital Currency

SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2
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14 March, 2023

SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2

The 12-week study, involving 18 banks and financial institutions, shows the potential utility of CBDCs in settling cross-border transactions, prompting...
WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption
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11 March, 2023

WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption

WeChat is lending the central bank a hand to support China's CBDC ambition by integrating the e-CNY in WeChat Pay,...
India’s e-rupee will transform payments for 1.4 billion people: Zorilla CTO
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10 March, 2023

India’s e-rupee will transform payments for 1.4 billion people: Zorilla CTO

In an editorial, Zorilla CTO and BSV Ambassador Mallikarjun Karra says India is long overdue for a payments revolution and...
Iran moves ahead with CBDC development after completing pre-pilot phase
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10 March, 2023

Iran moves ahead with CBDC development after completing pre-pilot phase

The Central Bank of Iran revealed that the pre-pilot phase skimmed through legal, regulatory, and technological implications for an Iranian...
BIS wraps up cross-border retail CBDC ‘Project Icebreaker’
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9 March, 2023

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

The Bank for International Settlements’ "Project Icebreaker" project delved into the benefits and risks of launching retail central bank digital...
Brazil’s digital real makes its debut on a public blockchain
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9 March, 2023

Brazil’s digital real makes its debut on a public blockchain

The experiment was conducted by digital currency exchange Mercado Bitcoin and Stellar protocol designed to promote low-cost and real-time settlement...
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