CBDCs Archives

The European Central Bank (ECB) has released CBDC privacy options 0

When it comes to CBDCs, one of the most common public worries is the possibility for privacy invasion, the European Central Bank (ECB) has released a presentation addressing this topic, stating that the Eurosystem should only have access to the bare minimum of transaction data, and that user anonymity is not a desired design option.

The Philippines’ central bank will conduct a wholesale trial CBDC 0

As part of its efforts to strengthen the stability of the country’s payment system, the Bangko Sentral ng Pilipinas (BSP) will start a wholesale central bank digital currency (CBDC) pilot project called CBDCPh. BSP governor Benjamin Dionko said at an annual policymakers’ roundtable that the central bank’s pilot will examine the possibility of deploying CBDCs

Tanzanian officials want international clarity on CBDCs and cryptocurrencies 0

Tanzanian President Samia Suluhu Hassan instructed the country’s finance chiefs to prepare for cryptocurrencies just over a year ago, and now financial industry authorities are demanding for a clearer global stance on central bank digital currency (CBDC) and crypto-assets. Mwigulu Nchemba, the Finance and Planning Minister, and Florens Luoga, the central bank governor, are said

South Africa (SARB) completes the technical proof of concept for the wholesale CBDC settlement system 0
- Latest News
- April 8, 2022
The South African Reserve Bank (SARB) has completed a technological proof-of-concept for the initiative, bringing the country one step closer to establishing its central bank digital currency (CBDC). Project Khokha 2 (PK2) is the follow-up to SARB’s Project Khokha (PK1), which was launched in 2018. It used distributed ledger technology (DLT) to settle interbank payments,
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The BIS is collaborating with four central banks to create multi-CBDC platform prototypes 0
- Latest News
- March 24, 2022
The BIS Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop two prototypes for an international settlement platform that uses different central bank digital currencies (CBDCs). “This initial phase of the project successfully developed working prototypes and”“demonstrated practicable solutions, achieving its aim of proving that the concept of”“multi-CBDCs was
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The Philippines’ central bank intends to create a CBDC pilot program 0
- Latest News
- March 9, 2022
The Philippines’ central bank governor announced the launch of a CBDC initiative at a joint event held by the Bangko Sentral ng Pilipinas (BSP) and the Alliance for Financial Inclusion earlier this month, according to a speech transcript published earlier this month. The effort aims to improve “the payment system’s safety, reliability, and efficiency,” according
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