CBDC
Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.
EU Publishes Legislative Plans to Underpin a Digital Euro
The European Commission published its legislative plans to underpin a digital euro on Wednesday, saying it would ensure Europeans can pay digitally for free across the currency zone. "The Hash" panel weighs in on the state of central bank digital currency (CBDC) developments and crypto regulation in Europe.
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners.
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs.
Some U.K. Lobbyists Argue Digital Pound Should Be Interoperable with Crypto
Lobby groups and crypto companies in the U.K. are generally welcoming of the government's plans for a digital pound, but some of them believe the currency should be interoperable with crypto in order to be suitable for the future. "The Hash" panel weighs in on privacy concerns surrounding central bank digital currencies (CBDCs).
Central Banks Introduce CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS) has proposed standards for using digital money, including central bank digital currencies (CBDCs) and tokenized bank deposits, on a distributed ledger. "The Hash" panel breaks down the technical white paper produced by the agency with the International Monetary Fund (IMF) and other financial institutions.
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.
