The International Monetary Fund (IMF) has conducted a survey across 19 countries in the Middle East and Central Asia to assess the adoption and potential of central bank digital currencies...Read More
The South Korea Ministry of Science and ICT, along with the Korea Internet & Security Agency (KISA), is set to initiate a blockchain support initiative. As per a recent Naver...Read More
The President of SWIFT China recently offered perspectives on the obstacles and remedies concerning the interoperability of cross-border central bank digital currency (CBDC). In a discussion with 21st Century Business...Read More
Rwanda is currently examining the possibility of embracing a central bank digital currency (CBDC), thoroughly assessing its advantages, drawbacks, and logistical aspects for implementing a retail CBDC. The National Bank...Read More
On Tuesday, the Hong Kong Monetary Authority (HKMA) established a working committee with the aim of establishing industry standards for wholesale CBDC interoperability. Additionally, the committee seeks to facilitate transactions...Read More
Iranian and Russian officials have collaborated on developing Central Bank Digital Currency (CBDC) and “digital financial asset” (DFA) based trade solutions, as confirmed by a representative from Iran. In an...Read More
Pakistan’s push for a central bank digital currency (CBDC) gained momentum anew on Sunday, spearheaded by Finance Minister Muhammad Aurangzeb reigniting the debate. Speaking at a special meeting of the...Read More
The Bank of Israel is set to unveil a sandbox environment dedicated to testing the potential applications of CBDCs (Central Bank Digital Currencies). This move aims to fine-tune the design...Read More
The Qingdao branch of the Bank of China (BOC) has unveiled a novel payment solution for Qingdao’s metro transit system, leveraging digital yuan hardware wallets. Reported by the local news...Read More
SWIFT, the worldwide messaging network utilized by banks, service providers, clearinghouses, corporate entities, and brokers, is gearing up to introduce a novel platform for interconnecting central bank digital currencies (CBDCs)...Read More
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