CBDC
What is a CBDC?
A central bank digital currency (CBDC) is a new digital form of sovereign money. CBDCs are issued by the government, where monetary policies are still formed by the central bank.
A central bank digital currency (CBDC) is a new digital form of sovereign money. CBDCs are issued by the government, where monetary policies are still formed by the central bank.
Hong Kong and Brazil Collaborate on Cross-Border Tokenization Initiatives
The Hong Kong Monetary Authority and Banco Central do Brasil are collaborating on cross-border tokenization projects, focusing on CBDC infrastructures and financial market innovation.
Hong Kong Treasury Markets Summit 2024 Highlights Key Financial Innovations
The Treasury Markets Summit 2024, hosted by HKMA and TMA, focused on offshore renminbi business, DeFi, Metaverse, and CBDCs.
Banque de France and HKMA Collaborate to Enhance CBDC Cross-Border Payments
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration to advance CBDC cross-border payment solutions.
Naresh Nagia of Deloitte Discusses Tokenization and Financial Disruption
Naresh Nagia of Deloitte explores the impact of tokenization, DLT, and CBDCs on traditional banking in episode 117 of the Public Key podcast.
Hong Kong Monetary Authority's Project mBridge Achieves MVP Milestone
Project mBridge reaches MVP stage, exploring CBDCs for cross-border payments.
HKMA Forms "Project Ensemble Architecture Community" to Shape Tokenization Standards
The Hong Kong Monetary Authority has established the "Project Ensemble Architecture Community" to promote interoperability among WCCBDCs and tokenized assets, aiming for seamless interbank settlement.
Joachim Nagel: Central Banks Need to Embrace Digital Currencies for Future Relevance
Bundesbank President Joachim Nagel emphasizes the need for central banks to adopt digital currencies and integrate distributed ledger technology to ensure their future relevance.
Israeli Central Bank Official Embraces CBDC Competition with Banks for Economic Growth
In a recent speech, Bank of Israel Deputy Governor Andrew Abir expressed his support for the competition between commercial banks and the forthcoming Central Bank Digital Currency (CBDC) known as the digital shekel. Abir believes that the digital shekel has the potential to enhance competition in the financial system and benefit the economy as a whole.
BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"
The BIS collaborates with major central banks to study asset tokenization's potential to enhance the monetary system and cross-border efficiencies.
Hong Kong HKMA Advances CBDC Development with Phase 2 of e-HKD Pilot
The HKMA has initiated Phase 2 of the e-HKD pilot program, focusing on the tokenization and programmability of digital currency.