CBDC

35 articles tagged with this keyword

/payments

Digital Pound Foundation joins Innovate Finance

Innovate Finance, the industry body for UK FinTech, and the Digital Pound Foundation (DPF) have officially joined forces today.

/payments

Cash usage declines and one-in-three Europeans would use digital Euro

The latest European Payment Study by management and technology consultancy BearingPoint reveals significant shifts in payment behavior across nine European countries.

/payments

R3 teams with Idemia to support online and offline CBDC transactions

R3, the financial markets digital solutions provider, has partnered with IDEMIA Secure Transactions (IST), a division of IDEMIA Group and global provider of secure payment and connectivity solutions, to offer offline payment solutions.

/crypto

Union Bank of India adds accessibility features to CBDC app

Union Bank of India has introduced accessibility features in its Central Bank Digital Currency (CBDC) application, widely known as the Digital Rupee (e₹).

/crypto

BNP Paribas details involvement in Eurosytem wholesale DLT trials

Eurosystem accelerates innovation and experiments wholesale settlement solutions for DLT transactions with BNP Paribas.

/crypto

FV Bank becomes first US digital bank to offer traditional and digital asset services

FV Bank, the U.S. licensed digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, today announced a further enhancement to its service offering with the integration of the stablecoin USDT for direct deposits. This deposit feature, now live for all FV Bank account holders, allows them to directly receive USDT as US Dollars into their FV Bank USD accounts with USDT converted to USD in real-time.

/crypto

Hong Kong moves on to phase 2 of e-HKD pilot programme

The Hong Kong Monetary Authority (HKMA) today (23 September) commenced Phase 2 of the e-HKD Pilot Programme (Phase 2) to delve deeper into innovative use cases for new forms of digital money, including e-HKD and tokenised deposits, that can potentially be used by individuals and corporates.

/payments

BIS signs up more Project Agora participants

More than 40 private sector financial firms, convened by the Institute of International Finance, will join the Bank for International Settlements and a group of leading central banks in Project Agorá to explore how tokenisation can enhance wholesale cross-border payments.

/payments

GSBN to trial Bill of Lading tokenisation in Hong Kong

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has officially joined the Hong Kong Monetary Authority’s (HKMA) Project Ensemble to test its electronic Bill of Lading (eBL) tokenisation use case with Ant Digital Technologies and conduct interbank atomic settlement of tokenised deposits between the Hongkong Shanghai Banking Corporation (HSBC) and Hang Seng Bank (Hang Seng).

/payments

Ant International and Ant Digital Technologies joins HKMA’s Project Ensemble sandbox

The Hong Kong Monetary Authority (HKMA) today announced the launch of the Project Ensemble Sandbox (the Sandbox) and introduced four main themes of tokenization use cases.

/wholesale

HKMA launches tokenisation sandbox

The Hong Kong Monetary Authority (HKMA) hosted today (28 August) the launch ceremony for Project Ensemble Sandbox and introduced four main themes of asset tokenisation use cases for the initial round of experimentation (see Annex), marking a significant step forward in the advancement of tokenisation in real-world application within the financial sector.

/crypto

Cboe Clear Europe participates in Eurosystem CBDC trial

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money. The experiments specifically aim to explore the potential of distributed ledger technology (DLT).

/wholesale

BME joins ECB trials for DLT in central bank money settlement

BME, through Iberclear, has been admitted to the Eurosystem's exploratory work as a DLT market operator to conduct experiments on new technologies applicable to the settlement of wholesale operations in central bank money.

/payments

Banks in Kazakhstan roll out CBDC card services

In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country's population of 20 million.

/crypto

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundation’s (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

/payments

Solomon Islands CBDC PoC goes live

The Central Bank of Solomon Islands (CBSI) and Japanese blockchain fintech company Soramitsu (Tokyo, Japan; President Kazumasa Miyazawa; Group CEO Makoto Takemiya) have begun a Proof-of-Concept (PoC) for a Central Bank Digital Currency (CBDC). Starting from November 1, 2023, the CBSI has been testing the system provided by Soramitsu for use cases related to domestic and foreign payments, including testing simulated international remittances.

/crypto

Xion Global taps G+D Filia to bridge gp between blockchain and traditional financial systems

Xion Global uses technology from Giesecke+Devrient (G+D) for an innovative holistic financial solution. By combining it’s web3 multi-chain payments infrastructure and G+D's CBDC solution Filia for interbank deposit token transfer, Xion is creating a seamless financial ecosystem for digital asses as well as public currencies.

/startups

Almond FinTech Raises $7M

Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding will help broaden Almond's rapidly expanding network in Asia, the Americas, and Africa, while reinforcing their commitment to making financial services affordable and accessible to people everywhere.

/crypto

Ripple to lead National Bank of Georgia's CBDC pilot project

The National Bank of Georgia (NBG) has chosen Ripple, the leader in enterprise blockchain and crypto solutions, as the official technology partner for its Digital Lari (GEL) pilot project. The pilot will experiment with Ripple’s CBDC technology and evaluate the practical use cases to gauge potential benefits for the public sector, businesses and retail users.

/people

Etay Katz appointed to BofE/Treasury CBDC engagement forum

Global law firm Ashurst's digital assets practice lead and chair of the bank industry sector, Etay Katz has been appointed to sit on the Bank of England ('BOE') and HM Treasury ('HMT') Engagement Forum for Central Bank Digital Currency ('CBDC').