All posts tagged "CBDC"
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429ChinaHKMA, PBOC Prepare for Cross-border Testing of Digital Yuan
The HKMA is also exploring options to leverage the FPS to enable instantaneous cross-border payments, according to chief executive Eddie Yue.
December 7, 2020 -
296EuropeBIS Innovation Hub Completes Wholesale CBDC Experiment
BIS Innovation Hub, the Swiss National Bank, and SIX compared the feasibility of issuing a wholesale CBDC versus linking the existing payment system to a distributed ledger.
December 3, 2020 -
1.2KFintech / RegtechConsortium of Japanese Firms to Test Digital Currency in April
The consortium, which includes Japan’s three megabanks as members, aims to address a lack of interoperability between digital payment platforms in the country.
November 25, 2020 -
1.0KAustralia & NZRBA Launches New Project to Explore Wholesale CBDC
The RBA has partnered with CBA, NAB, Perpetual and ConsenSys to explore if there is a future role for a wholesale CBDC in the Australian payments system.
November 3, 2020 -
1.5KAsia-PacificCambodia Launches Central Bank Backed Digital Currency
The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient's phone number.
October 29, 2020 -
1.3KEurope
BIS, Swiss National Bank to Issue CBDC Proof of Concept by Year-End
CBDC research provides an "essential opportunity" to pool knowledge and resources and help enhance cross-border payments, says Benoît Coeuré, head of the BIS Innovation Hub.
October 28, 2020 -
802Capital RegulationPBOC Issues Draft Law Aimed at Modernising Central Bank System
The draft law expands the PBOC's role in preventing financial risks, assigns it responsibilities to society, and provides a legal basis for its CBDC, among other changes.
October 28, 2020 -
1.4KChina
China Pushes For Faster Launch of Digital Currency
The Shenzhen government is issuing 10 million yuan worth of digital currency for testing as part of ongoing DC/EP pilot tests.
October 19, 2020 -
1.4KFintech / RegtechBOJ to Commence CBDC Testing as Early as April 2021
A proof of concept will take place over two phases, followed by a possible pilot programme involving private payment service providers and end-users.
October 12, 2020 -
1.1KFintech / RegtechBOK On Track to Test CBDC Distribution in 2021
The distribution and circulation test is the final part of a three-step, 22-month pilot programme which commenced in April.
October 11, 2020
