Search
Latam Insights — Argentina’s Reserves Bleed, Central Bank of Brazil Would Be Able to Manipulate Digital Real in CBDC Pilot
18.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the Argentine central bank sheds yuan for dollars as its reserves bleed, the Central Bank of Brazil would be able to manipulate balances and block digital...
Shenzhen, China: 36m Digital Yuan Wallets Opened So Far – CBDC Pilot Gathers Pace
18.7.2023
The Chinese city of Shenzhen says its residents have opened almost 36 million digital yuan wallets, as the nation’s central bank digital currency (CBDC) pilot breaks new ground.
Per the Shanghai Securities News and the China Securities Network News, the claims were made by the Shenzhen branch...
Russian Central Bank Readies ‘Real-world’ CBDC Pilot – Digital Ruble Launch Imminent?
13.7.2023
The Russian Central Bank could begin “real-world” tests on the digital ruble next month after parliament approved a key piece of CBDC legislation.
Per Interfax, the State Duma voted in favor of adopting the bill at a third reading this week.
This means the main clauses of the bill are set to pass...
Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims
11.7.2023
Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil's pilot CBDC has found code that would allow accounts to be frozen or drained at will
Swiss Central Bank to Launch Real-World CBDC Pilot
27.6.2023
The chairman of Swiss Central Bank,Thomas Jordan, has announced that the central bank is launching a wholesale CBDC on Switzerland's SIX digital exchange as part of a pilot.
In a conference at Zurich on Monday, the Swiss central bank chair said that the project would begin soon, Reuters...
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
26.6.2023
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
23.6.2023
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners
Thailand launches retail CBDC pilot with 2 banks and Singapore payment service
12.6.2023
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app
Visa, Microsoft and others join Brazilian CBDC pilot
26.5.2023
Both national and global companies will take part in the upcoming pilot project of the Brazilian central bank digital currency
Brazilian Central Bank Reveals CBDC Pilot Partners – One Is a Major Crypto Player
26.5.2023
The Brazilian Central Bank has revealed the firms it will work on for its central bank digital currency (CBDC) pilot – and the list includes the crypto-keen neobank Nubank.
According to an official Central Bank release, the bank wants to "evaluate the benefits" of the prototype digital real using...
Brazil's Central Bank Selects 14 Participants for CBDC Pilot
25.5.2023
Among those selected are the largest local banks, Visa and Microsoft
Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express
19.5.2023
Mastercard and Visa join Hong Kong’s CBDC pilot, new instalment in Justin Sun’s Huobi soap opera, and a GameFi token pumps on no news
Australia marks first FX transaction using a CBDC as eAUD pilot continues
18.5.2023
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain
Brazil Central Bank CBDC Pilot Snubs Crypto Firms
9.5.2023
The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot.
The bank this month issued a call for interested firms to join the next phase of its pilot.
But while the bank did not explicitly rule out the participation...
Montenegro's Central Bank to Develop CBDC Pilot With Ripple
11.4.2023
The pilot will see the central bank identify the practical application of a national stablecoin and come up with a design to simulate its circulation
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
6.4.2023
Australia and New Zealand Banking Group Limited (ANZ) has completed the first use-case of carbon credit trading as part of Australia's central bank digital currency (CBDC) pilot
Novatti and AUDD take part in CBDC pilot
27.3.2023
The Novatti Group, a top-tier fintech that enables businesses to pay as well as be paid, is extremely proud to make its formal announcement about its participation, along with AUDD, in a CBDC pilot project. This will be a research-based initiative to examine potential use cases and financial...
India and UAE To Collaborate on CBDC Development
15.3.2023
India and the United Arab Emirates (UAE) will collaborate on central bank digital currencies (CBDCs) by jointly conducting at least one pilot
Swift Reports Positive Results from CBDC Pilot Test, Continues with Next Phase of Testing
10.3.2023
The international payment system Swift has reported positive results from a pilot test of transfers between different central bank digital currencies (CBDCs), saying they see “clear potential and value” in it.
The pilot test specifically looked at how different CBDCs can interoperate through...
Australian central bank to launch 'live pilot' of CBDC in coming months
1.3.2023
The use cases for the CBDC ranged from offline payments to "trusted Web3 commerce" and financial industry participants were invited to undertake a live pilot