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SWIFT reveals its blueprint for a global CBDC network
SWIFT lays out its blueprint for a global central bank digital currency (CBDC) network following an 8-month trial with different technologies and currencies. Read more…
digital currencies
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China completes cross-border trial of its digital currency
The Bank for International Settlements says it has completed a CBDC trial focused on cross-border transactions between China, Hong Kong, Thailand and the UAE. Read more…
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e-CNY racking up over $315k in daily transactions at Olympics: PBOC
China’s digital yuan, the e-CNY, is being used to make over $315,761of payments a day at the Beijing Winter Olympics, says PBOC official. Read more…
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Central banks in Australia, Singapore, Malaysia, South Africa trial CBDCs
Central banks in Australia, Singapore, Malaysia, South Africa to conduct cross border payments trial with central bank digital currencies CBDC Read more…
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Why the sudden interest in central bank digital currencies (CBDCs)?
Central banks from China to Britain have deepened efforts to test and research the technology around central bank digital currencies or CBDCs Read more…
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China’s central bank to look at using CBDCs for cross-border payments
China’s central bank will join a project looking at using central bank digital currencies (CBDCs) for cross-border payments. Read more…
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Ethereum and XRP digital currencies take flight along with bitcoin
Digital currencies ethereum and XRP soared on Monday, gaining momentum as bitcoin powered on towards its all-time high. Read more…
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More central banks likely to issue their own digital currencies
A rising number of central banks are likely to issue their own digital currencies in the next few years as interest in the technology heats up. Read more…
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Emerging markets need tight regulation for digital currencies
Governments in emerging markets must have greater say in the regulation of digital currencies that could facilitate illegal capital flows Read more…
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Big tech may be barred from offering digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion. Read more…