The initiative comprises the second pilot phase involving the DLT platform of Brazil’s central bank.

Study Details Experiments In Tokenized Asset Transfers With Over A Dozen Participating Financial Institutions

SNB, MAS and Bank of France Participated In Project Mariana

Leading Layer 2 Network Is Processing More Daily Transactions Than Ethereum

Ripple’s James Wallis Reveals Hong Kong-Backed CBDC Initiative Integrating Tokenized Real Estate and Web3 Lending

Hong Kong Lawmaker Asks Beijing to Permit Digital Dollar and Conversion to Stablecoin

Norway’s central bank is embracing Ethereum’s Layer 2 for its central bank digital currency (CBDC) pilot. On May 16, Nahmii, an Ethereum L2, announced it had been tapped by Norges bank to host the sandbox for the country’s national currency, the krone. Nahmii said in a statement that it will “build, maintain, and train Norges…

DTCC to explore whether a Federal Reserve-issued digital currency could clear a trade as soon as a brokerage sends the money.

You may never be able to send a message from Telegram to a friend on WhatsApp, but you might be able to send dollars from a digital wallet issued by the U.S. Treasury to a wallet from the People’s Bank of China, only the recipient will receive the payment in yuan. That’s the vision that…

There’s nothing to be afraid of with stablecoins. That’s the main message Randal Quarles, the vice chair for supervision at the Federal Reserve and a member of its board, delivered on June 28, surprising a DeFi community that’s become inured to getting dissed by the financial establishment. Quarles believes private-sector stablecoins are a worthy alternative to…