Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia

[ad_1] Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and... Read more »

Bank of England advances design phase of ‘digital pound’ CBDC

[ad_1] The Bank of England (BoE) and HM Treasury reported significant progress in the design phase of the digital pound, a proposed central bank digital currency (CBDC) that would complement traditional banknotes... Read more »

Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases

[ad_1] The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the... Read more »

New Zealand’s CBDC roadmap enters design consultation stage

[ad_1] The Reserve Bank of New Zealand opened a new consultation period on a central bank digital currency (CBDC) on April 17. The current stage of development seeks input on “high-level design... Read more »

Fed Chair Powell Eases CBDC Concerns: US Far From Direct Fed Accounts, Emphasizes Need for Congressional Approval

[ad_1] Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures... Read more »

CBDC Anti-Surveillance State Act Back in the Senate

[ad_1] The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy... Read more »