NBC and AliPay collaborate to enable enhanced cross-border payments
The National Bank of Cambodia (NBC) and Ant Group, the parent company of AliPay+, the borderless payment and marketing solutions
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Nov 17, 20231 min read
National Bank of Kazakhstan Debuts CBDC Pilot Launch for Digital Tenge
The National Bank of Kazakhstan has taken a substantial leap into the realm of central bank digital currencies (CBDCs), joining the global
Nov 17, 20231 min read
Singapore Central Bank to Start 'Live' Wholesale CBDC Trials
The Monetary Authority of Singapore (MAS) plans to issue a “live” central bank digital currency (CBDC) for wholesale settlement
Nov 16, 20231 min read
Russian Banks ‘Fighting Back’ Against Digital Ruble
Russian banks are reportedly “fighting back” against the digital ruble amid claims a CBDC launch would cost them $684 million a year.
Nov 6, 20231 min read
Kuwait Finance House and Ripple Partnership Boost Middle East Growth
Kuwait Finance House (KFH) is making strides in the world of virtual banking. With its executive manager of digital transformation
Nov 3, 20231 min read
Swiss National Bank Launches Wholesale CBDC in Partnership With Six Commercial Banks
The Swiss National Bank (SNB) is ramping up its efforts on the issuance of a wholesale central bank digital currency (wCBDC).
Nov 3, 20231 min read
Visa Successfully Completes Digital Hong Kong Dollar Pilot Program
Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC
Oct 27, 20231 min read
ECB Advances Digital Euro Project into Preparation Phase
The European Central Bank (ECB) has recently taken significant steps towards the conceptualization and eventual issuance of a digital euro
Oct 27, 20231 min read
The Bank of Spain welcomes the “digital euro” and outlines its advantages
The digital euro is poised to revolutionize electronic payments, becoming an indispensable cornerstone of the financial landscape.
Oct 26, 20231 min read
Ripple and Uphold partner to enhance cross-border payment framework
In the wake of a significant SEC legal victory, blockchain veteran Ripple is partnering with Uphold to bolster its cross-border payment
Oct 24, 20231 min read
Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank
A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough
Oct 23, 20231 min read
Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a
Oct 23, 20231 min read
European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase
On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project.
Oct 21, 20231 min read
India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing.
Oct 21, 20231 min read
Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation
The Central Banks of China and the United Arab Emirates (UAE) have recently signed MoUs relating to digital currencies during the
Oct 16, 20231 min read
Russian Business Titan Sber to Join Digital Ruble Pilot
Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.
Oct 13, 20231 min read
China Opens Industrial Park in Shenzhen to Boost Digital Yuan Ecosystem
China has inaugurated its first industrial park dedicated to the development of the digital yuan, commonly known as the e-CNY, in Shenzhen's
Oct 13, 20231 min read
Mastercard announces successful wrapped CBDC trial results
Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped
Oct 11, 20231 min read
Rise in Chinese Banks Issuing Digital Yuan Corporate Loans
More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing
Oct 10, 20231 min read
MetaMUI Blockchain was selected as a CBDC pilot partner with the National Bank of Georgia
The National Bank of Georgia (NBG) has made significant progress in its Digital Lari (GEL) pilot plan.
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