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wholesale CBDC

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture

Jenny Ortiz-Bolivar

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14 February, 2024

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture

The Philippine central bank said it would not develop a retail central bank digital currency, and the wholesale CBDC will...

Indonesia’s central bank eye CBDC trial for 2024

Wahid Pessarlay

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5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...

Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS

Wahid Pessarlay

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24 December, 2023

Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS

Bank of Korea is collaborating with LG CNS to develop a CBDC system for tokenized deposits, utilizing LG CNS's expertise,...

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

Wahid Pessarlay

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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...

BIS releases details for widely anticipated Project mBridge ahead of MVP

Wahid Pessarlay

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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...

Bangko Sentral ng Pilipinas CBDC pilot ‘Project Agila’ pushes through with blockchain testing

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9 September, 2023

Bangko Sentral ng Pilipinas CBDC pilot ‘Project Agila’ pushes through with blockchain testing

The Philippines is pressing ahead with its wholesale CBDC project, announcing Hyperledger Fabric as its DLT and unveiling a string...

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