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Hong Kong Launches Second Phase of Its CBDC Pilot Program


The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including programmability and tokenization, and adding...

Palau Moves Ahead With Second Phase of Stablecoin Pilot


The Republic of Palau has announced the launch of the second phase of its stablecoin project. Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance (MOF), declared that the new phase will focus on building a robust ecosystem, expanding accessibility and user...

Digital Hong Kong Dollar Pilot Plan to Enter Second Phase Next Year


Source: HKMA The Hong Kong Monetary Authority (HKMA) is set to initiate the second phase of its digital Hong Kong Dollar project next year, focusing on the exploration of innovative applications and reinforcing collaborations across the financial industry. During the Fintech Foresight Seminar held...

People’s Bank of China Tests Digital Yuan Payment Integration in Hong Kong


The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for payments and cross-border transactions in Hong Kong. This new phase includes more banks and the ability to use the Fast Payment System to...

National Bank of Kazakhstan Publishes Whitepaper for Digital Tenge


The central bank of Kazakhstan has completed the second phase of testing for its digital currency and published a whitepaper. The studies carried out by the regulator on its introduction did not identify significant risks for the country’s financial stability and economy. Monetary Authority...

‘No Plan to Issue CBDC’ — Bank of Japan Governor


Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...

Colombian Bank Begins Second Phase of its Crypto Pilot with Exchanges


Source: A screenshot, Instagram/bancodebogota Colombia’s oldest commercial bank, the Banco de Bogotá, has begun the next stage of a crypto pilot that will allow 5,000 of its customers to make and receive payments using tokens hosted on the platforms of two major crypto exchanges. As reported,...

Beta Testing in Blockchain


Beta testing is part of the rigorous, product perfecting process most software undergoes before it is released to the public. It is the second phase in which the intended audience samples the product. By the time a product is ready […] The post Beta Testing in Blockchain appeared first...

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