Finextra

JULY 19, 2024

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money.

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Participant CBDC Central Bank 64

Fintech News

DECEMBER 11, 2023

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies.

CBDC 108

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 108

PYMNTS

NOVEMBER 27, 2019

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! The ECB has been open to the idea, and could already be experimenting.

Central Bank 94

Central Bank Digital Currency Distributed Ledger Technology (DLT) CBDC 94

CoinRemitter

FEBRUARY 9, 2024

A Central Bank Digital Currency is a country’s official currency, presented in a digital form. It operates on a blockchain network and is issued and backed by the central bank of the respective country. Unlike cryptocurrencies, they’re issued by centralized authorities and can be used as legal tenders.

Digital Currency 40

Digital Currency Central Bank CBDC Distributed Ledger Technology (DLT) 40

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

The Fintech Times

AUGUST 6, 2024

In 2019, the Bank of Thailand launched a regulatory sandbox initiative. The central bank is also involved in the Inthanon Project , a joint initiative with the Hong Kong Monetary Authority in which it works alongside eight commercial banks to explore the potential of Distributed Ledger Technology (DLT) in developing a wholesale CBDC.

FinTech 116

FinTech Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 116

PYMNTS

DECEMBER 22, 2020

The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. The European Central Bank has been a vocal supporter of a digital euro, advocating for a CBDC.

Distributed Ledger Technology (DLT) 69

Distributed Ledger Technology (DLT) CBDC Digital Currency Bitcoin 69