Successful testing paves way for CBDC use cross-border
Source: Swift Central and commercial banks see “clear potential and value” in Swift’s pioneering CBDC interoperability solution, following successful testing in a sandbox environment. Central bank digital currencies (CBDCs) are clearly gaining momentum. But as central banks around the world continue to explore the potential use of central bank-backed digital money in their local markets, […]
France, Luxembourg Test CBDC for 100M Euro Bond Issue
Source: Coindesk France and Luxembourg have used an experimental central bank digital currency (CBDC) to settle a bond worth 100 million euros (US$104 million), the latest in a series of trials in tokenized financial markets. The Venus Initiative “shows how digital assets can be issued, distributed and settled within the eurozone, in a single day” […]
BIS and central banks of France, Singapore and Switzerland to explore cross-border CBDC trading and settlement using DeFi protocols
Source: BIS The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Project Mariana explores automated market makers (AMM) for the cross-border exchange of hypothetical Swiss franc, euro and Singapore dollar wholesale CBDCs. It will seek to examine the potential […]
French Central Bank CBDC Projects Aim to Manage DeFi Liquidity, Settle Tokenized Assets
Source: Coindesk The Banque de France Tuesday announced new projects to achieve the benefits of central bank digital currencies (CBDCs) used at a wholesale level by banks and financial markets. “A wholesale CBDC could significantly contribute to improving cross-border and cross-currency payments,” Villeroy de Galhau, a governor at the Bank of France, the country’s central […]
Banque de France plans pilot wholesale CBDC rollout for 2023
Original Source: Ledger Insights In a speech yesterday, François Villeroy de Galhau, the Governor of the Banque de France outlined the central bank’s expansion of its work on a wholesale central bank digital currency (CBDC). He wants the central bank to be ready to support the EU’s DLT pilot regime for tokenized securities which comes into force on 23 […]
Digital finance: agreement reached on European crypto-assets regulation (MiCA)
Banque de France, Bank for International Settlements and Swiss National Bank conclude successful cross-border wholesale CBDC experiment
Unlocking $120 Billion Value In Cross-Border Payments: How banks can leverage central bank digital currencies for corporates
Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers
Experimenting settlement of French government bonds in Central Bank Digital Currency with blockchain technology
