Philippines to Develop Blockchainless Wholesale CBDC in Two Years
The Central Bank of the Philippines will develop a central financial institution digital forex (CBDC) within the subsequent two years, in line with Governor Eli...
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program
The Bank of Spain is in search of the collaboration of organizations concerned with taking part in an experimental take a look at on a...
Hong Kong Presents Digital Currency Prototype, Project Aurum
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s personal central financial institution digital foreign money referred to as Project...
Swiss National Bank Trials CBDC in Transactions With Five Banks
The Swiss National Bank has efficiently employed a wholesale CBDC to settle transactions with 5 business banks, the financial authority introduced. The exams are a...
Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border...