central bank digital currency

Visa, dtcpay launch card enabling digital currency conversion

The card will be available for public registration in Q4 2024.

DBS unveils crypto options trading and structured notes for wealth clients

They may earn yield on fiat depending on the product’s structure and price movements.

Korean central bank inks deal to develop system for testing CBDCs

LG CNS Co. will develop a set of systems for the test.

Bank of China HK uses e-CNY for $5.1m cross-boundary settlement

It's a stepping stone towards the normalization of e-CNY use amongst BOCHK's corporate customers.

MAS teams up with BIS, Swiss and  France central banks to test wholesale CBDCs

Project Mariana used DeFi technology concepts on a public blockchain.

India’s card payments market to rise 28.6% to $337.1b in 2023

Consumers in India are increasingly embracing electronic payments, GlobalData said.

MAS suggests digital money standards through whitepaper

The paper includes technical specifications detailing the entire lifecycle of purpose bound money.

Hang Seng Bank, Visa to test CBDC use cases in Hong Kong

The three will collaborate to explore the feasibility of tokenised deposits.

Vietnam conducts training on central bank digital currency

The course aims to upskill SBV and relevant agencies in Vietnam.

Value of CBDC payments to reach $213b annually by 2030: study

Adoption will be driven by governments boosting financial inclusion.

MAS launches Ubin+ to study cross-border FX settlement using CBDCs

It will study business models and create policy guidelines.

Bank of China HK joins pilot programme to trial use of digital currencies

BOCHK has completed real-value cross border trade of central bank digital currencies.

Wider adoption of e-CNY poses risks to China’s banking system: Moody’s

Digital renminbi will test banks’ ability to address risks.