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BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model
8.3.2023
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed...
BIS wraps exploration project on retail CBDC payment system
6.3.2023
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds
BIS Says 'Hub and Spoke' Cross-Border Transfers Offer Benefits for Retail CBDC
6.3.2023
The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies
IMF offers Jordan’s central bank recommendations for implementing retail CBDC
24.2.2023
The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report
India’s Largest Retail Chain to Accept Payments in CBDC
2.2.2023
India's largest retailer Reliance Retail has announced plans to accept payments in the digital rupee in a move that could boost the nation's adoption of CBDCs....
Read More: India’s Largest Retail Chain to Accept Payments in CBDC
India to Start Retail CBDC Pilot in Four Cities With Four Banks
29.11.2022
India's central bank will start testing its retail central bank digital currency (CBDC) in the cities of Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initial participation of four banks
The Reserve Bank of India to launch a retail CBDC pilot in December
22.11.2022
The digital rupee is intended as a supplement to the current payment system and not its replacement
Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it
31.10.2022
The Monetary Authority of Singapore will trial a retail central bank digital currency in various contexts at a fintech event, despite the electronic payment options already available
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
31.10.2022
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...
Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
21.10.2022
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
6.10.2022
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria
Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
28.9.2022
Results of the project, run by the Bank for International Settlements, are expected in the first quarter of 2023
Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
21.9.2022
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency
The Bank of Thailand to pilot Retail CBDC by the end of 2022
5.8.2022
The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks
Thailand's Central Bank Extends Retail CBDC Study to Pilot Phase
5.8.2022
The announcement noted how central banks across the world were seeing "the potential of retail CBDC as being the foundation of the future financial system."
Hong Kong Monetary Authority Invites Views on Retail CBDC
27.4.2022
The Hong Kong Monetary Authority has issued a discussion paper inviting views on the key issues around a central bank digital currency (CBDC)
More than three-quarters of central banks considering a CBDC: research
5.4.2022
The report by PwC shows that 80% of central banks are considering or have already launched a CBDC
Ted Cruz introduces companion to Emmer's bill to exclude Fed retail CBDC digital currency issue
30.3.2022
Cruz lends his support to a bill that would keep the U.S. off “an insidious path akin to China’s.”
UK Economic Affairs Committee unconvinced by prospect of retail CBDC
13.1.2022
A new report highlights private-sector innovation and greater financial inclusion with CBDCs, but raises concerns around the descending hegemony of the U.S. Dollar
Central Banks Look To Two-Tier Retail CBDC Model Amid Disruption Fears
22.9.2021
ral-banks-seek-to-balance-innovation-and-disruption-when--PBC_1303486">report by international risk assessment firm Moody’s. “Based on existing and proposed pilot schemes, CBDC development is being done in conjunction with existing financial market infrastructure, the two-tier