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wholesale CBDC

Indonesia’s central bank unveils wholesale CBDC consultation process
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13 February, 2023

Indonesia’s central bank unveils wholesale CBDC consultation process

Project Garuda's second phase will explore CBDC usage in the tokenization and settlement of securities transactions.
Saudi Arabia’s central bank studying CBDC but mum on deployment date
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28 January, 2023

Saudi Arabia’s central bank studying CBDC but mum on deployment date

Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions
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26 January, 2023

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...
Philippines central bank pushes through with wholesale CBDC plans to improve payments
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17 January, 2023

Philippines central bank pushes through with wholesale CBDC plans to improve payments

Bangko Sentral ng Pilipinas said it will not be exploring the retail version of its central bank digital currency but...
Spain’s central bank dives head first into CBDCs with new study
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13 December, 2022

Spain’s central bank dives head first into CBDCs with new study

The Bank of Spain joins nations exploring CBDCs, with plans to utilize the digital version of its currency, focusing on...
Bank Indonesia publishes white paper with keen focus on wholesale CBDC
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7 December, 2022

Bank Indonesia publishes white paper with keen focus on wholesale CBDC

Bank Indonesia will launch its digital rupiah under Project Garuda, which will be trialed in three phases, with wholesale CBDC...
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