Trials

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC

<div class=”featured_image_container”> </div> <strong>The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance of partners led by SEBA Bank, a digital asset banking provider based in the Swiss crypto valley. </strong> Central Bank and Crypto …

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC Read More »

Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector

<div class=”featured_image_container”> </div> <strong>The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. </strong> European Central Banks to Collaborate on CBDC Project The …

Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector Read More »

Shanghai to Hand Out $3 Million in Digital Yuan Lottery

<div class=”featured_image_container”> </div> <strong>As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. </strong> Lottery Winners to Get …

Shanghai to Hand Out $3 Million in Digital Yuan Lottery Read More »

Bank of Korea Seeking Technology to Develop Digital Currency

<div class=”featured_image_container”> </div> <strong>South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. </strong> Central Bank of …

Bank of Korea Seeking Technology to Develop Digital Currency Read More »