Brazillian Central Bank Invites New Participants to CBDC Pilot Program
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The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy…
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
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Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech &…
Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases
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The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits…
Bank of Canada Redirects Efforts Away From Retail CBDC
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The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on…
Bank of Canada Halts Digital Dollar Project Amid Global Surge in CBDC Development
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Canada has reportedly paused its Central Bank Digital Currency (CBDC) project, which started in 2017. According to a September 18 CBC news…
Consumers Prefer Cash Over CBDC: Deutsche Bank Survey
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While several central banks across the globe are actively exploring the feasibility of launching a Central Bank Digital Currency (CBDC), a recent…
Bank of Korea to Launch CBDC Payment Trial in Supermarkets
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South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience…
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
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The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by…
Global Banking Network SWIFT Paves Way for Tokenized Asset Integration
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On Sept. 11, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced that it was “paving the way towards real-world solutions that…
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
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Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims…