CBDC

Mastercard Launches a Virtual Testing Platform for CBDCs

Global payments company Mastercard launched a virtual testing platform for central banks to test out their CBDCs. The technology company invited central banks,...

Brazil Fast Tracks CBDC Launch; Central Bank President Calls for Roll Out In Next Two Years

Brazil’s central bank president, Roberto Campos Neto, announced the country’s plan to launch its own central bank digital currency (CBDC) by the end...

Bermuda Govt Partners With Stablehouse to Test A Stimulus Token for COVID-19 Aid

On Tuesday, the Government of Bermuda announced that it has rolled out a pilot initiative for digital stimulus token. The program is being run...

South Korean Central Bank Enters Phase 2 of CBDC Development; Seeks Consulting Partner

The Bank of Korea (BoK) has advanced its Central Bank Digital Currency (CBDC) initiative following a recent call for collaboration with a private consultancy....

China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App

China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for...

Brazilian Central Bank Task Force To Study CBDC Issuance and Impact

The Central Bank of Brazil on 21st August announced that it will be setting up a world-wide study group to research the issuance of...

Over 20% Of Central Banks Are Looking to Launch A CBDC In The Next 1-6 Years: BIS Report

There’s a growing interest in central banks looking at the possible implementation of digital currency in 2020 than the hype on Bitcoin (BTC),...

Boston Federal Reserve Seeks Top Blockchain Networks That Could Support A Digital Dollar

The Federal Reserve Bank of Boston partnership with Massachusetts Institute of Technology (MIT) is currently testing over 30 blockchain projects to find the best...

The Trials of China’s DCEP Focusing on Retail Transactions: Report

The experimental test of China’s sovereign digital currency is currently focused on small retail transactions and hasn’t expanded to large volume transactions yet, said...

China to Stress Tests Its DCEP With High Volume Transactions; See If It Can Handle the Load

Will the digital RMB be launched this year? Serious tests of the digital currency electronic system (DCEP) are currently ongoing in major cities...

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