News
Lugano Set to Settle Second Digital Bond Using CBDC Technology
In a recent announcement, the Reserve Bank of India (RBI) disclosed its plans to enhance the features of its digital currency by introducing programmability...
India Unveils Plans to Introduce Programmable Features to its Digital Currency
In a recent announcement, the Reserve Bank of India (RBI) disclosed its plans to enhance the features of its digital currency by introducing programmability...
Labour Wants UK to Be a Securities Tokenisation Hub
The U.K.’s Labour Party has unveiled its vision for the country’s financial sector, pledging to position the nation as a hub for securities tokenization,...
Central Bank of Sri Lanka Considers CBDC Introduction amidst IMF Visit
In a recent press report, there are claims that the Central Bank of Sri Lanka is contemplating the introduction of a Central Bank Digital...
UAE has successfully completed cross-border payment using Digital Dirham
In a momentous occasion, Sheikh Mansour Bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the...
BIS 2024 – Project Leap
The BIS Innovation Hub’s Eurosystem Centre, in collaboration with the Bank of France and Deutsche Bundesbank, initiated Project Leap. This endeavor, undertaken by the...
BIS 2024 – Project Aurum will explore privacy of payments...
The Hong Kong Centre's Project Aurum is embarking on a new stage focused on examining the privacy aspects of retail Central Bank Digital Currencies...
Project Promissa – BIS Asset tokenisation project
Presently, numerous global financial institutions, including multilateral development banks, rely on conventional paper-based promissory notes for partial funding. Although this system facilitates operational controls...
Offline Usage of Digital Euro & European Central Bank
European Central Bank Demonstrates Commitment to Facilitating Offline Usage of Digital Euro
The European Central Bank (ECB) is set to invest a substantial 1.2 billion...
Eastern Caribbean central bank put out tender for central bank digital...
Date: 27 December, 2023
Key Points:
The Eastern Caribbean Central Bank (ECCB) is exploring the development of an advanced version of its digital currency, DCash 2.0.
The...
Hong Kong among the Most Advanced in CBDC Development
Date: 05 December, 2023
Hong Kong is among the Most Advanced in CBDC Development
In the latest PwC Global CBDC Index, India, Japan, and Hong Kong...
UAE Takes Historic Step with Amendment to Central Bank Law
Date: 14 December, 2023
Amendment to Central Bank Law, Paving the Way for Central Bank Digital Currency (CBDC)
In a groundbreaking move, the United Arab Emirates...
Bank of England’s Consultation on Financial Market Infrastructure Supervisory Fees for...
Date: 21 July, 2023
The Bank of England issued a consultation paper. Outlining proposed supervisory fees for financial market infrastructure (FMI) activities for the 2023/24...
“Société Générale Breaks Ground: EUR CoinVertible, the First Major Bank Publicly...
Date: 05 December, 2023
In a groundbreaking move within the banking sector, Société Générale, a leading French bank, has achieved a significant milestone by publicly...
Hong Kong Banks Eager to Embrace China’s Digital Yuan Pilot
Date: 19 December, 2023
Hong Kong's financial landscape is poised for significant transformation as more banks gear up to participate in Mainland China's digital yuan...