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

Fintech News

GL1 will define control principles, develop specifications, and ensure “compliance by design” to align governance and risk management practices. The initiative will now include new contributors like Euroclear and will set up a working group to establish control principles for digital asset securities.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

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CBDC in Corporate Payments and Transaction Banking

Finextra

Here’s a at the evolution, real-world potential, and future of CBDC-linked instruments in transaction banking. Past Trends Paper to Digital Ledgers: Cash and checks dominated corporate payables/receivables for decades. ESG-Tagged Treasury Corporates earn “green rebates” when funds cycle through sustainable project wallets.

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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

A Bank of England experiment proving that offline payments with a digital pound are technically feasible, but complex. It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale. Why is it important? What’s next?

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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.

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Is 2025 Finally the Year for Open Finance in Southeast Asia?

Fintech News

Singapore currently stands as the regional leader, or Champion, with exemplary ratings in market maturity and government initiatives. Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation.

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The Journey of Payments and Clearing Systems in India

Finextra

Reserve Bank of India (RBI) Establishment (1935): The RBI was established to regulate currency, provide banking services to the government, and act as a banker to banks. Central Bank Digital Currency (CBDC - Digital Rupee): Policy: RBI is actively piloting both wholesale and retail versions of the Digital Rupee (e₹).