CBDCs
Swiss banks issue first digital bonds using real CHF wholesale wCBDC on regulated DLT platform
Switzerland's SDX and SNB collaborate to deliver first successful CHF digital bond transactions with wCBDC.
Liam 'Akiba' Wright 2 min read
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UK lawmakers wary of launching retail CBDC due to privacy, financial stability concerns
Lawmakers urged the Bank of England and H.M. Treasury to thoroughly consider data privacy and financial stability issues before implementing a CBDC.
Crypto
MAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’
Ravi Menon categorizes Bitcoin as a 'private cryptocurrency,' though it operates on a transparent, public blockchain, stirring debate on digital asset classifications.
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Standard Chartered to offer support for China’s digital yuan
Based in the UK, Standard Chartered describes itself as an international bank that has been rooted in the Chinese market for over a century.
CBDCs
South Korean central bank to launch CBDC pilot in 2024
Participants in the pilot program will be able to purchase goods using CBDC deposit tokens issued by commercial banks.
CBDCs
Singapore’s MAS reveals plan to issue ‘live’ CBDC for wholesale settlement
Singapore wants to ensure a safe and innovative use of digital money within its jurisdiction.
CBDCs
IMF managing director says CBDCs can replace cash, but urges public and private sector cooperation
Kristalina Georgieva spoke to a rising global interest in CBDCs to enhance monetary systems and streamline cross-border payments.
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Opinion
Why Bitcoin holds the upper hand against CBDCs
The evolutionary tug-of-war between energy-intensive Bitcoin and programmable CBDCs defines the future of money.
CBDCs
German parliamentarian dismisses CBDCs in favor of Bitcoin as global digital money debate rages on
Joana Cotar criticized the digital euro as an unprecedented surveillance risk and sharply questioned its usefulness.
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Future of CBDCs in Hong Kong uncertain as pilot program concludes
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CBDCs struggling to gain traction without private-sector cooperation
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European Central Bank advances CBDC to preparation stage, but still not committed to implementation
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