First sovereign digital bond issuance in the EMEA region: Bank of Slovenia, BNP Paribas, and Clifford Chance
Yesterday, Slovenia issued a €30 million short-dated digital bond on the BNP Paribas Neobonds platform. Settlement utilised the Banque de France’s wholesale central bank digital currency (CBDC) as part of the Eurosystem’s wholesale Distributed Ledger Technology (DLT) settlement trials. This marks the first sovereign digital bond issuance in the EMEA region. While the European Investment […]
Philippines to Launch Wholesale CBDC by 2029
The Bangko Sentral ng Pilipinas (BSP) is advancing towards the issuance of its own central bank digital currency (CBDC), codenamed Project Agila, sooner than initially anticipated. The proof-of-concept phase is expected to conclude by the end of this year, setting the stage for an earlier launch during the term of BSP Governor Eli M. Remolona […]
Fireblocks Among 14 Companies Chosen For The Bank of Israel’s Digital Shekel CBDC Challenge
The Bank of Israel has announced the initiation of the “Digital Shekel Challenge,” an ambitious CBDC experiment inspired by “Project Rosalind” – a joint project by the Bank of England and BIS. The challenge aims to explore potential applications for a digital shekel system, garnering widespread interest from the fintech and finance communities both within […]
Kazakhstan Tests Programmable CBDC to Enhance Fund Allocation on Railway Construction
The National Bank of the Republic of Kazakhstan has announced the successful launch of a pilot project aimed at using the digital tenge platform (DT) for budget expenditures. This initiative, financed by the National Fund, marks the second phase in the introduction of Kazakhstan’s national digital currency, focusing on the programmability of digital tenge. As […]
Putin Calls for Robust Development Framework for Digital Assets in Russia
In a significant move towards modernising the Russian financial landscape, President Vladimir Putin has underscored the necessity for developing a comprehensive framework for the integration and utilisation of digital assets. Speaking at a recent meeting on economic matters, Putin highlighted the strategic importance of creating favourable conditions to foster the growth of digital assets, including […]
BIS Release Results of Survey on CBDCs and Cryptocurrency
94% of central banks are actively exploring the development of a central bank digital currency (CBDC), and the results from an extensive survey performed by the Bank for International Settlements (BIS) involving 86 central banks highlights a significant increase in experiments and pilot programmes, particularly in advanced economies, with a notable rise in activity among […]
Attitudes to ‘Digital Pound’ under the microscope
The University of Manchester’s Centre for Financial Technology Studies, with support from the Digital Pound Foundation, has released a new report titled “Paths to Success for a Digital Pound: A Research Note on Consumer Attitudes to Adoption“. Authored by Andrew Buckley, Vasileios Karountzos, and Professor Markos Zachariadis, the report explores consumer perspectives on a Digital […]
Taiwan Central Bank Advances Research on CBDC with Emphasis on Public Consultation
The Central Bank of Taiwan has made significant strides in its research the development of a Central Bank Digital Currency (CBDC), culminating in the development of a prototype platform. Emphasising that the promotion of CBDC is not a global race, the central bank has announced plans to hold numerous public hearings and briefings in 2025 […]
Banque de France and HKMA to Collaborate on Wholesale CBDC and Tokenization Effort
Last week, the Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) unveiled a significant partnership focused on the development of wholesale central bank digital currency (CBDC). This collaboration represents the HKMA’s participation in the second phase of the European Central Bank (ECB)’s Eurosystem exploratory work. It marks a pivotal moment as the […]
DPF Summer Event (17 July 2024)
Details Location: London, United KingdomDate: Wednesday 17 July 2024Organised by: Digital Pound FoundationHosted by: CMS Description The Bank of England is actively exploring the introduction of a retail digital Pound Central Bank Digital Currency (CBDC). In the course of its public engagement, through discussions and consultations, privacy has emerged as a key concern from a wide […]
