article thumbnail

Ripple whitepaper recommends cryptocurrency XRP as CBDC intermediary

The Paypers

Payment protocol Ripple has released a whitepaper document stating that the cryptocurrency XRP could act as an intermediary to connect different central bank digital currencies (CBDCs).

article thumbnail

Hong Kong Central Bank releases e-HKD whitepaper

The Paypers

The Hong Kong Monetary Authority (HKMA) has published a technical whitepaper on retail central bank digital currency (CBDC), strengthening its position to launch a digital fiat.

article thumbnail

The Payments Association launches new payments consortium, puts out CBDC whitepaper

The Paypers

UK-based The Payments Association has announced the formation of an Innovation Hothouse Bridge, bridging the gap between today’s payment systems and the new blockchain based solutions.

CBDC 41
article thumbnail

Here’s How 10 APAC Markets Are Approaching Crypto Regulation

Fintech News

The Reserve Bank of Australia (RBA) also played a crucial role by exploring the concept of retail and wholesale Central Bank Digital Currencies (CBDC) through its eAUD pilot programme , which focused on a wide array of use cases and essential legal aspects.

APACS 114