Project Icebreaker shows that different countries can implement different CBDC solutions and still participate in a formalised interlinking arrangement to enable instant cross-currency transactions.
March 7, 2023The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.
October 27, 2022CPMI received "numerous promising proposals" for new solutions that may be capable of processing FX transactions that currently settle on a non-PvP basis.
August 2, 2022The designation of PESONet and InstaPay as Prominently Important Payment Systems will mean they are subject to closer BSP supervision and monitoring.
July 19, 2022The report covers four experiments, Project Inthanon-LionRock, Project Jura, Project Dunbar, and Project mBridge.
June 23, 2022The Philippine Domestic Dollar Transfer System and the PHP-USD Payment versus Payment System have been designated systemically important.
March 14, 2022From 2025 onwards, adherence to the Code will become a prerequisite for the BOT’s foreign exchange counterparties.
February 8, 2022CLS operates the largest multi-currency cash settlement service in the world, and addresses the most significant risk in the FX market – settlement risk.
December 10, 2021Under Project Jura, tokenised assets and foreign exchange transactions were settled safely and efficiently using PvP and DvP mechanisms, the BIS said.
December 9, 2021The FSB has published a progress report on work to enhance cross-border payments as outlined in the G20 Roadmap last year.
October 14, 2021