Hong Kong Expands CBDC Study in e-HKD Pilot Phase 2
[ad_1] The Hong Kong Monetary Authority (HKMA) has formally launched the second section of its e-HKD pilot, which is a vital transfer in the additional examine of central financial institution…
CBDC Initiative to Enhance Philippine Payment Systems
[ad_1] The Philippines is on monitor to launch its digital model of the Central Bank foreign money (CBDC) inside the subsequent two years. This program, headed by the Bangko Sentral…
UK Starts Working On The Design of Its CBDC Digital Pound
[ad_1] The United Kingdom has just lately introduced that it's going to actively pursue engaged on the design of its central financial institution digital forex aka Digital Pound, additionally in…
Bank Of Korea Won’t Issue CBDC Before US And Europe: Gov Rhee Chang-yong
[ad_1] Bank of Korea Governor Rhee Chang-yong mentioned that the advantages of South Korea changing into the chief in issuing central financial institution digital currencies are minimal. He added that…
Mastercard’s successful CBDC wrapping trial for NFTs
[ad_1] The trial concerned wrapping CBDCs for use in buying NFTs on blockchains. Mastercard’s Multi Token Network performed a pivotal function within the trial. There is a rising significance of…
Mastercard and Australia’s RBA Triumph in Wrapped CBDC Trial
[ad_1] Mastercard has efficiently concluded a trial with the Reserve Bank of Australia (RBA). This trial centered round wrapping central bank digital currencies (CBDCs) on a number of blockchain platforms.…
EU Advances Wholesale CBDC as Retail Euro Faces Controversy
[ad_1] Amid the digital wave sweeping throughout monetary techniques, Euro-area central banks are gearing up. Consequently, plans for a wholesale central financial institution digital foreign money (CBDC) are on the…
House Committee Approves Bill to Restrict FED’s CBDC Plans
[ad_1] The House Financial Services Committee has greenlit a bill to halt any advances towards making a U.S. Central Bank Digital Currency (CBDC). The controversial transfer ignited debates on Capitol…
Ripple Advisor Explains XRP Lawsuit Impact On CBDC Projects
[ad_1] Crypto News: While the Ripple lawsuit Summary Judgment triggered a monumental shift in the best way merchants and traders understand XRP token, the corporate’s product growth didn't fairly have…
Ripple Highlights CBDC Adoption; XRP Price Drops 3%
[ad_1] XRP News: Ripple’s native crypto, XRP is using excessive on constructive sentiments rising from the essential authorized battle towards the U.S. Securities and Exchange Commission (SEC). However, the continuing…