The RBI has set up a working group to create a roadmap for settling international remittances using CBDCs.
December 8, 2023Taiwan's central bank has completed a wholesale CBDC feasibility and technology study but has not yet decided whether to introduce a CBDC.
December 8, 2023The central bank is testing the CBDC for retail transactions, P2P transfers, interbank transactions, and cross-border payments.
December 8, 2023Bank of Korea and Bank of Italy will share skills and knowledge and cooperate on technologies that support RTGS systems and CBDC.
December 7, 2023The pilot programme allows participating banks to settle digital bonds and repo transactions against wholesale CBDC on a DvP basis.
December 5, 2023HSBC, Hang Seng Bank, Fubon Bank and Standard Chartered are participating in China's CBDC pilot initiative.
November 30, 2023Under the CBDC pilot programme, the bank will explore cross-border merchant payments, trade financing and supply chain financing.
November 28, 2023The plans were announced during a visit to Korea by Agustin Carstens, general manager of the BIS, which is providing technical support for Korea's CBDC testing.
November 24, 2023Second-tier banks and their clients can use the "digital tenge" for retail transactions and to test automated smart contracts for settlements.
November 19, 2023Four new digital money trials will commence with industry players, and MAS will pilot the “live” issuance of wholesale CBDCs for the first time next year.
November 17, 2023