article thumbnail

MAS to Explore Wholesale CBDC for Settlement Among Series of Tokenisation Plans

Fintech News

Access to a common settlement facility is also being facilitated through the SGD Testnet, featuring S$ wholesale central bank digital currency (CBDC) for market testing. Featured image credit: Edited from Freepik The post MAS to Explore Wholesale CBDC for Settlement Among Series of Tokenisation Plans appeared first on Fintech Singapore.

CBDC 114
article thumbnail

Australia seeks industry participation in CBDC project

Finextra

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

CBDC 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Brazil preps new round of CBDC pilots

Finextra

Google, Visa and Nubank are among the big names selected to take part on the second round pilots for Brazil's Drex CBDC project.

CBDC 124
article thumbnail

Ghana pilots blockchain-based credentials and CBDC for global trade

Finextra

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

article thumbnail

Bank-backed DLT-based CBDC platform Project MBridge reaches MVP stage

Finextra

The Bank for International Settlements says it multi-central bank CBDC platform, Project mBrige, is ready to accept value added products and new use cases as it reaches minimum viable product stage (MVP).

CBDC 145
article thumbnail

JCB to begin Phase 2 trials of offline CBDC

Finextra

Japanese card issuer JCB is moving to Phase 2 of a pilot to trial offline P2P payments for a central bank digital currency (CBDC).

CBDC 137
article thumbnail

Banque De France Has Finished CBDC Trial

PYMNTS

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. In 2020, the bank put out a request for applications for a CBDC experiment. startup SETL provided, of around 2 million euros (about $2.4 million), per CoinDesk.

CBDC 130