CBDC

198 articles tagged with this keyword

/crypto

FV Bank becomes first US digital bank to offer traditional and digital asset services

FV Bank, the U.S. licensed digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, today announced a further enhancement to its service offering with the integration of the stablecoin USDT for direct deposits. This deposit feature, now live for all FV Bank account holders, allows them to directly receive USDT as US Dollars into their FV Bank USD accounts with USDT converted to USD in real-time.

/crypto

US explores feasibility of settlement network for multi-asset transactions

The proof-of-concept of what has been dubbed the Regulated Settlement Network (RSN) showcased the potential of shared ledger technology to upgrade multi-asset and cross-network transaction settlement for domestic users of US dollars and regulated securities.

/payments

UK sets out National Payments Vision

The UK Government has published its National Payments Vision (NPV), vowing to cut through the "regulatory congestion" facing the sector to deliver a world-leading ecosystem.

/crypto

Australia seeks industry participation in CBDC project

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

/Sibos

Sibos: CBDC case studies in China, Kazakhstan, the Bahamas, and Europe

On the second day of Sibos, Benedicte Nolens, centre head of the BIS Innovation Hub moderated the session ‘Reality check: How far have CBDCs come?’, and the speakers outlined how central bank digital currencies (CBDCs) are in various processes of development in their countries.

/crypto

Sibos: The future of ‘evenly distributed’ tokenisation

The National Bank of Kazakhstan will provide clients the “ability to spend crypto tokens” by the end of this year, announced Assel Marchenko, CTO and deputy of CEO, National Bank of Kazakhstan, at Sibos today.

/payments

Global payments in 2024: Simpler interfaces, complex reality

Global payment revenues will remain robust over the next five years, enabling the sector to unlock an additional $700 billion by 2028, according to a McKinsey report.

/CBDC

The Future of Payments 2025 – Digital, Instant, Profitable?

932 downloads

/crypto

Swift preps live digital asset trials

Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.

/regulation

Hong Kong regulator launches tokenisation pilot

The Hong Kong Monetary Authority (HKMA) has started the second phase of its digital Hong Kong dollar pilot study.

/crypto

Canada shelves retail CBDC work

After years of research, the Bank of Canada says it is "scaling down" its work on a retail central bank digital currency.

/crypto

Hong Kong moves on to phase 2 of e-HKD pilot programme

The Hong Kong Monetary Authority (HKMA) today (23 September) commenced Phase 2 of the e-HKD Pilot Programme (Phase 2) to delve deeper into innovative use cases for new forms of digital money, including e-HKD and tokenised deposits, that can potentially be used by individuals and corporates.

/payments

BIS signs up more Project Agora participants

More than 40 private sector financial firms, convened by the Institute of International Finance, will join the Bank for International Settlements and a group of leading central banks in Project Agorá to explore how tokenisation can enhance wholesale cross-border payments.

/payments

Swift to develop concrete plans for CBDC and tokenised asset exchange

Global banking co-operative Swift is moving forward with plans to offer member banks access to emerging digital asset classes and currencies over its network, covering a range of use cases in payments, securities, FX, trade and beyond

/payments

Brazil preps new round of CBDC pilots

Google, Visa and Nubank are among the big names selected to take part on the second round pilots for Brazil's Drex CBDC project.

/payments

GSBN to trial Bill of Lading tokenisation in Hong Kong

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has officially joined the Hong Kong Monetary Authority’s (HKMA) Project Ensemble to test its electronic Bill of Lading (eBL) tokenisation use case with Ant Digital Technologies and conduct interbank atomic settlement of tokenised deposits between the Hongkong Shanghai Banking Corporation (HSBC) and Hang Seng Bank (Hang Seng).

/payments

Ant International and Ant Digital Technologies joins HKMA’s Project Ensemble sandbox

The Hong Kong Monetary Authority (HKMA) today announced the launch of the Project Ensemble Sandbox (the Sandbox) and introduced four main themes of tokenization use cases.

/wholesale

HKMA launches tokenisation sandbox

The Hong Kong Monetary Authority (HKMA) hosted today (28 August) the launch ceremony for Project Ensemble Sandbox and introduced four main themes of asset tokenisation use cases for the initial round of experimentation (see Annex), marking a significant step forward in the advancement of tokenisation in real-world application within the financial sector.

/payments

ECB invites industry experts to advise on offline deployment of digital euro

The European Central Bank is inviting experts from the mobile tech industry to advise on the development of an offline model for digital euro payments.

/inclusion

Ghana pilots blockchain-based credentials and CBDC for global trade

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.