Key Takeaways Russia’s Finance Ministry paid salaries in digital rubles, enabling state workers to receive CBDC wages. Russia updated its budget code for the digital ruble, integrating the CBDC into government spending. Officials plan to […]
The European Central Bank (ECB) launched Pontes on Monday, a platform that enables banks and other eligible financial institutions to settle tokenized-asset transactions in central-bank money. ECB President Christine Lagarde announced the go-live at a […]
Hong Kong has a plan to have continuous settlement using wholesale CBDC for tokenized deposits via EnsembleTX by 2026. There are plans by the HKMA to test real value CBDC for derivatives and Exchange Fund […]
Key Takeaways Russia launched its digital ruble nationwide, prompting 87,000 users to open accounts within ten days. The central bank reported a smooth launch, resolving minor technical issues to maintain system stability. Major Russian banks […]
A Federal Reserve research paper has compared wholesale CBDC settlement with tokenized commercial bank deposits, adding another official research layer to the debate over how future digital money systems might operate. The paper does not […]
Bank of Korea’s CBDC pilot relied mainly on internal security assessments before launch. No independent audit reviewed Project Hangang during or after real-world testing. Oversight concerns grow as South Korea expands CBDC and deposit token […]
The Bank of Korea’s central bank digital currency (CBDC) plans are moving forward with nine participating banks. The second phase of BOK’s CBDC program is scheduled for September with real-transaction testing, Yonhap News Agency reported […]
The European Central Bank (ECB) selected 36 banks and payment firms to join a pilot of the digital euro starting in the second half of next year as it prepares the central bank digital currency […]
ECB chooses 36 providers to test digital euro functions, operations, and payment systems. Pilot will assess online, offline, mobile, and merchant payment capabilities across Europe. Results will guide digital euro development before a possible 2029 […]
The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its […]
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