Central Bank Digital Currency

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally
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18 October, 2022

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...
Shenzhen leads China in terms of cross-border CBDC usage: report
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15 October, 2022

Shenzhen leads China in terms of cross-border CBDC usage: report

Shenzhen-based companies single-handedly accounted for $7.3 million in transaction volumes out of the $22 million made by the four participating...
Singapore eyes blockchain-based payment for cross-border transactions
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14 October, 2022

Singapore eyes blockchain-based payment for cross-border transactions

Ravi Menon noted that cross-border payments are blighted by several issues, the most significant being the speed of settling transactions...
India central bank tests e-rupee to stifle digital assets effects
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12 October, 2022

India central bank tests e-rupee to stifle digital assets effects

One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while...
Bank of Canada identifies key archetypes for uniform development of retail CBDC
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11 October, 2022

Bank of Canada identifies key archetypes for uniform development of retail CBDC

The Bank of Canada argues the need to consider a central bank digital currency design that combines aspects of multiple...
SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments
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10 October, 2022

SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments

SWIFT's two experiments conducted in recent months proved that it was possible to move CBDCs on existing financial infrastructure.
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