Latest Updates
Australia wholesale CBDC to increased efficiency, security, and...
Australia focuses on wholesale applications. Unlike a retail CBDC, which would be available to the public, a wholesale CBDC is intended for use by...
Hong Kong Launches “Project Ensemble” for Wholesale Central Bank Digital Currency...
The BIS Innovation Hub Hong Kong centre has officially launched the second phase of Project Aurum in partnership with the Hong Kong Monetary Authority...
Philippines to Conclude Project Agila, Wholesale CBDC Trials in 2024
The BIS Innovation Hub Hong Kong centre has officially launched the second phase of Project Aurum in partnership with the Hong Kong Monetary Authority...
BIS Innovation Hub Hong Kong Unveils Project Aurum 2.0 in Collaboration...
The BIS Innovation Hub Hong Kong centre has officially launched the second phase of Project Aurum in partnership with the Hong Kong Monetary Authority...
South Africa Sets Sights on Stablecoins and Blockchain to Revolutionize Digital...
South Africa's annual budget reveals a strategic initiative by the treasury to drive the adoption of digital payments, emphasizing a focus on enhancing the...
Jordan’s Central Bank Revolutionizes Liquidity Management with Shariah-Compliant Tools
In a ground breaking move, Jordan's Central Bank is set to transform liquidity management in the country's cash market by introducing innovative tools aligned...
Central Bank Digital Currency (CBDC) Emerges as Game-Changer in Digital Transactions
In response to the dynamic landscape of digital transactions, the Central Bank Digital Currency (CBDC), colloquially known as the digital rupee, has been officially...
U.S. Federal Reserve Paper Examines Impact of CBDC on Dollar Dominance
In a recent paper released by the U.S. Federal Reserve, researchers delve into the potential effects of a central bank digital currency (CBDC) on...
ECB’s Digital Euro: A Deep Dive into Progress, Challenges, and Future...
In a significant step towards the creation of a central bank digital currency (CBDC), the European Parliament's Committee on Civil Liberties and Justice (LIBE)...
Digital Euro Implementation: European Parliament Committee Backs Draft Legislation, Paving the...
In a significant step towards the creation of a central bank digital currency (CBDC), the European Parliament's Committee on Civil Liberties and Justice (LIBE)...
NPCI MD Forecasts Next Fintech Wave Driven by Programmable and Offline...
In a recent panel discussion at Mumbai Tech Week, National Payments Corporation of India (NPCI) Managing Director Dilip Asbe asserted that the Reserve Bank...
Saudi Finance Minister Urges Accelerated Regulatory Reforms for Speedier Financial Changes
In a panel session at the third Saudi Capital Market Forum, Finance Minister Mohammed Al-Jadaan expressed his view that while Saudi Arabia has shown...
UK Government Aims to Fast-Track Stablecoin Legislation within Six Months
The UK government is intensifying efforts to secure approval for new regulations governing stablecoins and staking services for crypto assets in the next six...
Citi Successfully Tests Tokenization of Private Fund on Avalanche Blockchain
In a strategic move, the Philippines plans to roll out a wholesale Central Bank Digital Currency (CBDC) within the next two years. Despite an...
European Committee Advances Digital Euro Legislation with Overwhelming Support
The parliamentary European Committee on Civil Liberties and Justice (LIBE) voted decisively in favor of the latest digital euro report, proposing amendments that could...