The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing.
Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2
e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets.
Central banks want to look under crypto’s hood — Is this a positive sign?
The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
South Korean exchange Upbit gets initial license nod from Singapore
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’
Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks, and bullish on Bitcoin and gold.
Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes
BitMEX founder Arthur Hayes expects Bitcoin to be $750,000 by 2026. Here’s how and why.
Ripple gets formal approval for Singapore payments license
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore.
Latvia central bank opens to fintech with ‘Innovation Hub’
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would “undermine the American way of life.”
Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity
The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
CBDCs will gradually displace private banks, says Russian lawmaker
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
Jamaican taxi drivers bullish on accepting Jam-Dex CBDC
Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group.
Australia’s CBDC Likely Some Years Away, Central Bank Says
Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.
Crypto amplified financial risks in emerging markets: BIS papers
The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.
Colombia central bank recommends limiting CBDC holdings and spending
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.
Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
Nigeria to issue verifiable blockchain certificates for NYSC
This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them.
Blockchain.com scores payment license from Singapore central bank
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions.
Ukraine demands local crypto businesses to provide financials
Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said.
South Korea to pilot CBDC in one of these three cities, not Seoul
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency.