2023-11-1 23:15 |
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
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China, Thailand, Hong Kong, and the UAE are developing the mBridge project, a blockchain-powered platform aiming to establish the Chinese yuan as an alternative to the USD in international settlements.
2023-8-9 13:15 | |
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The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand.
2023-3-17 18:45 | |
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The Bank for International Settlements tested its central bank digital currency research project, mBridge, in another pilot focused on foreign exchange transactions, a new report says.
2022-10-26 10:00 | |
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CBDC fever has spurred many financial institutions across the world into action. Along with the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the U.A.E., the People's Bank of China [DiThe post CBDCs: Project mBridge to enter pilot stage next year appeared first on AMBCrypto.
2021-11-5 02:30 | |
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Центральный банк Израиля (BOI) сообщил, что начинает эксперимент по выпуску цифрового шекеля — при помощи созданного вместе с центробанком Великобритании сервиса Rosalind.
The introduction of central bank digital currencies could have major implications on the stability, the report said.
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.