2023-11-3 12:36 |
The Swiss National Bank (SNB), has announced a pilot program for a CBDC in collaboration with six commercial banks
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In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The collaboration aims to explore the potential benefits and use cases of Ripple’s Central Bank Digital Currency (CBDC) platform for the public sector, businesses, and retail users. Ripple’s […]
2023-11-3 06:00 | |
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Georgia’s central bank has partnered with Ripple to pilot the country’s CBDC project, Digital Lari (GEL). The National Bank of Georgia picked Ripple as its technology partner and will jointly plan and seek to deliver the pilot program.
2023-11-3 23:07 | |
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Georgia central bank selects Ripple and its XRP Ledger-based CBDC platform for the Digital Lari pilot after reviewing nine candidates.
2023-11-3 22:49 | |
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Visa has successfully concluded its participation in the Hong Kong Monetary Authority’s (HKMA) pilot program for a central bank digital currency (CBDC) with HSBC and Hang Seng Bank. The program, which is part of the city’s broader “Fintech 2025” strategy,…
2023-11-2 16:21 | |
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The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing.
2023-11-3 13:13 | |
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The pilot centered on the concept of tokenized deposits. One of the key findings was the remarkable speed at which final settlements were achieved. Payments giant Visa has successfully complThe post Can Visa's CBDC pilot aid in modernizing banking? appeared first on AMBCrypto.
2023-11-2 11:30 | |
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The e-HKD CBDC pilot program will enter Phase 2 following praise from the city’s monetary authority.
2023-11-2 20:30 | |
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Hong Kong has completed the first pilot phase of its central bank digital currency (CBDC), the digital Hong Kong dollar (e-HKD). The Hong Kong Monetary Authority (HKMA) is now preparing for the second phase of the CBDC pilot program.
2023-10-31 17:00 | |
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The Hong Kong Monetary Authority (HKMA) remains undecided on making a policy decision regarding the introduction of a retail central bank digital currency (CBDC) after concluding the first pilot project of the e-HKD.
2023-10-31 21:50 | |
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The initial phase of Hong Kong's central bank digital currency (CBDC) pilot has concluded, showcasing potential advancements in digital finance, though leaving uncertainties regarding its full implementation and technological direction.
2023-10-31 20:15 | |
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The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.
2023-10-16 13:36 | |
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Russia’s largest bank, Sber, is set to play a vital role in CBDC testing. Sberbank operates several tech solutions including Okko streaming, Citymobil taxi, SberSound, and SberMarket. Russia’s digital currency ecosystem structure resembles China’s approach.
2023-10-16 09:50 | |
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The primary objective of this project was to explore the potential use cases for a CBDC in Australia The solution ensures that the pilot CBDC can only be held, used, and redeemed by authorized The post Mastercard enables tokenization of CBDCs across blockchains appeared first on AMBCrypto.
2023-10-13 12:00 | |
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Mastercard has revealed that it has found new ways to tokenize central bank digital currencies (CBDCs) across different blockchains, potentially boosting adoption and security. The post NFT’s Potential Shines Bright For Mastercard in CBDC Pilot appeared first on BeInCrypto.
2023-10-13 03:07 | |
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The project's aim is to assess the feasibility of a future monetary system based on "wholesale CBDCs." This pilot program will involve the participation of private banks and public institutionsThe post South Korea takes the lead in CBDC innovation with pilot program appeared first on AMBCrypto.
2023-10-5 18:00 | |
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The Bank of Korea (BOK) is partnering with the FSC and FSS to explore CBDC implementation
2023-10-4 16:21 | |
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The National Bank of Georgia (NGB) is developing the digital GEL and is searching for a suitable partner
2023-9-30 17:11 | |
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Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed.
2023-9-29 05:00 | |
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The Yes Bank app’s UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch in December.
2023-9-2 00:30 | |
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Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank digital currency (CBDC). The research project, carried out in conjunction with the Digital Finance Cooperative Research Centre (DFCRC), involved 16 selected industry participants, including Mastercard, Australian Bond Exchange, and Fame Capital. This […]
2023-8-23 18:00 | |
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Australia's CBDC pilot reveals synergies crypto could benefit from, including CBDC-backed stablecoins and a robust framework for categorizing digital assets. The post Australia CBDC Could Complement Rather Than Replace Crypto appeared first on BeInCrypto.
2023-8-23 13:30 | |
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The Reserve Bank of Australia has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency.
2023-8-23 03:44 | |
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The pilot program will expand its functionality towards the end of 2023. Russia was trying to tackle the financial strain due to Western sanctions through CBDCs. Russian central bank, The BaThe post Russia to launch CBDC pilot in August appeared first on AMBCrypto.
2023-8-10 09:30 | |
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The central bank of Russia is preparing to pilot the digital ruble, the country's central bank digital currency (CBDC)
2023-8-10 22:30 | |
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The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR). During the test, users will be able to use digital rubles to make purchases at 30 retail locations spread across 11 Russian cities.
2023-8-9 17:26 | |
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According to Olga Skorobogatova, first deputy governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project.
2023-8-9 16:43 | |
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The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank digital currency (CBDC) by initiating a pilot study and opening a public consultation.
2023-8-6 16:09 | |
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The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency.
2023-8-4 00:30 | |
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Jeju, Busan and Incheon are in the running to be considered.
2023-8-1 17:43 | |
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South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency.
2023-8-1 12:50 | |
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The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees.
2023-7-26 03:00 | |
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Russia is preparing to launch the pilot of its central bank digital currency (CBDC), the digital ruble, after President Vladimir Putin signed the related bill. The law is expected to take effect from August 1.
2023-7-25 18:45 | |
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The Central Bank of Russia is on course to pilot and launch its own central bank digital currency, called the digial ruble, following President Vladimir Putin signing the digital ruble...
2023-7-24 17:42 | |
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China’s digital yuan has witnessed tremendous growth as the central bank ramps up its CBDC pilot in the last one-and-a-half year. According to the Chinese central bank governor, Yi Gang, within that period, the digital yuan has facilitated nearly $250 billion in transactions.
2023-7-20 14:30 | |
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In an effort to enhance the adoption of the Central Bank Digital Currency (CBDC) and explore the potential of digital currencies, the Reserve Bank of India (RBI) has urged more lenders to participate in digital currency pilot programs.
2023-7-12 15:30 | |
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Banco Central do Brasil published the source code for its CBDC on GitHub last week and allowed the public to conduct an audit of the system’s code. Developers soon found concerning functionality in the source code of Brazil’s CBDC pilot, including mechanisms to control individual wallets and the funds they hold.
2023-7-12 00:10 | |
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Ripple Labs thinks real estate tokenization is the future, and the firm has joined Hong Kong's CBDC pilot to further explore the technology. The post Hong Kong CBDC Pilot Helps Ripple Showcase Real Estate Tokenization appeared first on BeInCrypto.
2023-7-9 18:00 | |
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An innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform.
2023-7-8 09:28 | |
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2023-6-29 00:08 | |
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Reserve Bank of India (RBI) governor Shaktikanta Das said he expects the e-rupee Central Bank Digital Currency (CBDC) pilot to achieve 1 million retail users by the end of this month. The news comes after early indications suggested the e-ruppe had failed to gain traction last year.
2023-6-27 12:55 | |
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The Swiss National Bank (SNB) has rolled out plans to launch a pilot for a wholesale CBDC. Here is the culmination of plans that the bank has been considering since 2020. The post Swiss National Bank to Launch a Wholesale CBDC appeared first on BeInCrypto.
2023-6-27 02:30 | |
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Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; the central bank still feels “prudent” about a retail CBDC, though.
2023-6-27 00:54 | |
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The Swiss National Bank (SNB) is set to introduce a Central Bank Digital Currency (CBDC) for wholesale payments on the country's SIX Digital Exchange.
2023-6-27 20:38 | |
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The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners.
2023-6-24 23:27 | |
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The Bank of Japan has announced the launch of a three-year pilot program for its central bank digital currency (CBDC), a digital version of the yen. With the world’s third-largest economy, a successful launch of a digital yen could pave the way for CBDCs to become mainstream in Japan and transform how people pay for […]
2023-6-22 23:00 | |
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A collaborative effort between the Associazione Bancaria Italiana (ABI) and the Bank of Italy has brought together a group of banks in a pilot program for a central bank digital currency (CBDC). Referred to as Project Leonidas, this initiative involves 18 commercial banks leveraging blockchain technology.
2023-6-21 15:00 | |
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The Bank of Thailand has announced its commencement of a pilot project, set to launch this month, for testing a retail central bank digital currency (CBDC) within a regulatory sandbox.
2023-6-14 18:51 | |
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Thailand’s central bank will continue with its retail central bank digital currency (CBDC) development this month. The project (delayed from 2022) will enlist nearby businesses and bank employees for the test.
2023-6-13 11:49 | |
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The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
2023-6-13 23:00 | |
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Swiss National Bank Chair Thomas Jordan says public central bank digital currency is unnecessary, suggests focusing on interbank trials. Switzerland is unlikely to introduce a public central bank digital currency (CBDC) in the near future, as risks associated with the…
Swiss National Bank Chair Thomas Jordan says public central bank digital currency is unnecessary, suggests focusing on interbank trials. Switzerland is unlikely to introduce a public central bank digital currency (CBDC) in the near future, as risks associated with the…
The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.
Raided by a Swiss prosecutor, Tyr Capital Partners is facing accusations of criminal mismanagement due to its ties to FTX. The Switzerland-based crypto hedge fund, Tyr Capital Partners, came under scrutiny in August 2023 after investors raised concerns about its…
Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance.
The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products.