BIS General Manager urges central banks to “lead innovation” for CBDCs
Agustín Carstens called CBDCs the “central element” of the central bank leadership in innovation.
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Project mBridge reveals details of its workings ahead of MVP, commercial debut
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
U.S. Office of the Comptroller will discuss tokenization as opposed to crypto
The OCC will host a symposium on tokenization and its benefits in February 2024.
IMF director urges ‘financial inclusion’ via digitalization
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
Basel Committee to consider disclosure requirements for banks’ crypto assets
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.
Bank of Korea to start CBDC infrastructure pilot
The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will provide expert technical support.
CBDC lays foundation for new global monetary system: French central bank
The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving cross-border payments.“
France, Singapore and Switzerland test cross-border CBDCs
Project Mariana was developed under the aegis of the Bank for International Settlements.
CBDC frameworks must guard user privacy, monetary freedom — BIS chief
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC users’ privacy and maintain monetary freedom.
mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified.