40+ Financial Firms Join Project Agorá to Enhance Cross-Border Payments Using Tokenization
More than 40 private sector financial firms have joined forces with the Bank for International Settlements (BIS) and a consortium of leading central banks in Project Agorá, a groundbreaking initiative aimed at enhancing wholesale cross-border payments through tokenization. The project is being facilitated by the Institute of International Finance (IIF) and represents a significant step […]
Bank of Korea and Korea Exchange Embark on Groundbreaking DLT and CBDC Trials for Carbon Trading
Bank of Korea and Korea Exchange are initiating a comprehensive exploration of Distributed Ledger Technology (DLT) and Central Bank Digital Currency (CBDC) within the carbon trading sector. This venture is set to unfold through a series of experimental trials, planned for the second half of 2024. Both the central bank and the exchange are well […]
Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones
Source: CNBC Consumer tech giant Samsung is looking into launching a central bank digital currency in a collaboration with the Bank of Korea. The South Korean electronics firm said Monday that it had signed a memorandum of understanding with the country’s central bank to conduct technical research on the digital currency. Samsung said such a CBDC, which […]
Korea CBDC research to include 10+ banks
Original Source: Ledger Insights The Bank of Korea has completed the first and second phases of its retail central bank digital currency (CBDC) simulations and is now progressing to real-world tests involving at least ten commercial banks, Aju Economy reported. Those banks will include Shinhan Bank and NH Nonghyup Bank. The central bank plans to publish a report on […]
Bank of Korea Says First Phase of CBDC Test Completed Successfully
Rise of the central bank digital currencies: drivers, approaches and technologies
Proceeding with caution – a survey on central bank digital currency
CPMI Markets Committee Report
