Wholesale CBDC

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