BIS consultative group proposes retail CBDC architecture
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas, and Peru have CBDC programs in various stages of development. Go to Source
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Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions. Go to Source
Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’
President Javier Milei advocated for maintaining a separation of crypto and state. The Argentine leader stated that private cryptocurrencies might collaborate to end the state monopoly on currency, and rejected CBDCs. Milei Supports Maintaining Crypto Outside the State’s Reach While some leaders envision the inclusion of bitcoin and central bank digital currencies as part of … Read more
Decentralized future: TON Society co-founder on crypto mass adoption
Jack Booth of the TON Society discussed the future of decentralization, the impact of CBDCs, and the path to mass crypto adoption. Go to Source
CBDCs and crypto should coexist, not compete — CoinDCX co-founder
Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation. Go to Source
Swift to Pilot Digital Asset and Currency Transactions in 2025
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking … Read more
Visa launches tokenized asset platform for digital asset management
Visa announced its tokenized asset platform for issuing and managing digital assets, which includes stablecoins and CBDCs, to meet growing demand in the blockchain space. Go to Source
Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized … Read more
If your country has adopted a CBDC, you might be suffering
New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low. Go to Source
UAE and UK Accounting Bodies Partner to Shape Digital Finance Future
The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks Federation to help businesses understand and adapt to the digital asset landscape. The partnership aims to support the UAE’s position as a global leader in digital finance. However, challenges such as the lack of standardized accounting … Read more
