Central Bank Digital Currency Archives

Intrasettle connects multiple CBDCs to provide next generation payment solution

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29 November, 2022

Intrasettle connects multiple CBDCs to provide next generation payment solution

Intrasettle will be “a one-stop payment infrastructure that’s instant, highly secure, and cost-effective,” CEO Kumaraguru Ramanujamm says.

Bank of Japan to issue experimental digital yen in 2023

Business

Wahid Pessarlay

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28 November, 2022

Bank of Japan to issue experimental digital yen in 2023

The central bank stated that the pilot would be conducted with a trio of mega banks and regional banks with...

African central banks discuss CBDCs for cross-border payment

Business

Steve Kaaru

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27 November, 2022

African central banks discuss CBDCs for cross-border payment

Thirteen central banks met in Kenya recently to discuss the impact of CBDCs on cross-border payments while still ensuring AML...

India’s central bank to launch retail CBDC pilot in December

Business

Wahid Pessarlay

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25 November, 2022

India’s central bank to launch retail CBDC pilot in December

A number of commercial banks will participate in the project with RBI noting that each financial institution will test the...

Bank of Jamaica extends eCurrency deal ahead of full-scale CBDC rollout

Business

Wahid Pessarlay

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25 November, 2022

Bank of Jamaica extends eCurrency deal ahead of full-scale CBDC rollout

eCurrency and Jamaica expect that the extension of their JAM-DEX project will make significant strides in the country's digital transformation...

New York Fed partners Singapore in wholesale CBDC trial

Business

Steve Kaaru

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16 November, 2022

New York Fed partners Singapore in wholesale CBDC trial

The Federal Reserve Bank of New York, which also launched another trial with major U.S. lenders, made it clear that...

Bank of Korea: Ethereum is insufficient as CBDC network

Business

Steve Kaaru

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11 November, 2022

Bank of Korea: Ethereum is insufficient as CBDC network

The Bank of Korea published a report revealing that its simulations of a digital won had proven Ethereum isn’t scalable...

NY Federal Reserve testing CBDCs to improve foreign exchange transactions

Business

Wahid Pessarlay

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9 November, 2022

NY Federal Reserve testing CBDCs to improve foreign exchange transactions

The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...

Canada to review state of digital assets, stablecoins, CBDC in new budget

Business

Wahid Pessarlay

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7 November, 2022

Canada to review state of digital assets, stablecoins, CBDC in new budget

The government plans to speak with digital asset service providers, institutional and retail investors, and other government agencies to chart...

Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot

Business

Wahid Pessarlay

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4 November, 2022

Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot

MAS says it will conduct four more trials to test the viability of retail CBDCs despite the earlier claims that...

India to explore if digital rupee can reduce government securities trading fees

Business

Wahid Pessarlay

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3 November, 2022

India to explore if digital rupee can reduce government securities trading fees

The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...

Digital Tenge on BNB Chain? Are you kidding me?

Editorial

Gavin Lucas

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2 November, 2022

Digital Tenge on BNB Chain? Are you kidding me?

Changpeng Zhao tweeted that his team had persuaded Berik Sholpankulov, the First Deputy of the Governor of the National Bank...

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