Key takeaways: In an ambitious move, the Bank of Korea (BOK) and financial authorities are set to launch a groundbreaking pilot program, inviting 100,000 Koreans to engage with deposit tokens based on the Central Bank digital currency (CBDC) in the…
Key Takeaways In a groundbreaking move, Singapore’s Monetary Authority (MAS) has launched a pilot program for the live issuance of a central bank digital currency (CBDC) based on the Singapore dollar. MAS Managing Director Ravi Menon made the announcement at…
The decision to lawfully embrace a digital yen will be made in 2026
Key Takeaways In a significant development, Ripple has secured a pivotal role as the official technology partner for the National Bank of Georgia’s (NBG) ambitious Digital Lari (GEL) pilot project. Ripple’s selection as the technology partner for this groundbreaking initiative…
The ECB's governing board has declared that the "preparation phase" for the digital euro project will commence.
Key Takeaways In a joint announcement on October 4, the Bank of Korea, along with the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), disclosed their plans to start a pilot project focused on examining the technical underpinnings…
National Payment Corporation will look into interbank clearing services, money transfers and digital identification.
Australia's central bank has finished testing a central bank digital currency (CBDC) and found it helpful in four key areas, including facilitating complex payments and asset tokenization.
Key Takeaways In a significant move towards modernizing its financial landscape, Russian President Vladimir Putin has signed the digital ruble bill into law. The enactment grants legal authority to the country’s central bank, the Bank of Russia, to issue its…
Certificate of Deposit tokens are becoming more popular among South Korean banks as stablecoin alternatives.
