Central Bank Digital Currency Archives

Bank of Canada identifies global barriers in developing inclusive CBDC

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9 October, 2023

Bank of Canada identifies global barriers in developing inclusive CBDC

Financial inclusivity isn't the only key to developing a universally accessible payment method, the Bank of Canada said, insisting that...

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

Business

Wahid Pessarlay

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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...

Argentina’s CBDC project hangs in balance as nation prepares for presidential polls

Business

Wahid Pessarlay

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8 October, 2023

Argentina’s CBDC project hangs in balance as nation prepares for presidential polls

The upcoming presidential elections will not only be historical for the future of Argentina but will also be pivotal in...

BIS completes wholesale CBDC trial for FX, cross-border payments

Business

Wahid Pessarlay

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7 October, 2023

BIS completes wholesale CBDC trial for FX, cross-border payments

In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...

Argentina presidential candidate sees CBDCs as hyperinflation solution

Business

Wahid Pessarlay

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6 October, 2023

Argentina presidential candidate sees CBDCs as hyperinflation solution

Presidential candidate Sergio Massa unveils CBDC plan to combat hyperinflation in Argentina, proposing anti-money laundering laws, tax revisions, and rivals...

BIS concludes wholesale CBDC experiment for FX, cross-border payments

Business

Wahid Pessarlay

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5 October, 2023

BIS concludes wholesale CBDC experiment for FX, cross-border payments

The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot...

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

Business

Steve Kaaru

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4 October, 2023

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these digital currencies,...

ECB inches forward with plans for wholesale CBDC

Business

Wahid Pessarlay

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4 October, 2023

ECB inches forward with plans for wholesale CBDC

The European Central Bank explores blockchain technology for CBDC settlements, plans trial in 2024 while progressing toward digital euro with...

Digital yuan mobile app now accepts Visa, Mastercard top-ups for tourists

Business

Wahid Pessarlay

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29 September, 2023

Digital yuan mobile app now accepts Visa, Mastercard top-ups for tourists

The new update will allow users of the digital yuan app to top-up via Mastercard and Visa payment options as...

mBridge CBDC project to onboard new participants as it moves closer to MVP launch

Business

Wahid Pessarlay

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28 September, 2023

mBridge CBDC project to onboard new participants as it moves closer to MVP launch

Cross-border CBDC project mBridge progresses with minimum viable product launch plans, expanding participation to Southeast Asian central banks, while U.S....

Hong Kong to issue stablecoin regulations by 2024

Business

Steve Kaaru

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27 September, 2023

Hong Kong to issue stablecoin regulations by 2024

Hong Kong is on its second round of consultation for its stablecoin regulations, and a lawmaker has revealed that he...

BSV Association at Blockchain for Europe Summit 2023

Press Releases

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26 September, 2023

BSV Association at Blockchain for Europe Summit 2023

The two-day Blockchain for Europe Summit 2023 is packed with insightful discussions from expert panels on Digital Asset Recovery on...

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