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Hong Kong Presents Digital Currency Prototype, Project Aurum


Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens...

Landmark International CBDC Test Deemed Success, BIS Says


A project involving multiple Asian central bank digital currencies (CBDCs) has been badged a success, facilitating over $22 million in foreign-exchange transactions, the Bank for International Settlements (BIS) said Tuesday

Here's the 'Final Guidance' on 'Stablecoin Arrangements' by BIS and IOSCO


The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements. In a report released today and shared with Cryptonews.com, the BIS’ Committee on Payments and Market Infrastructures and...

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