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Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.

Bank of Japan Puts Top Economist in Charge of CBDC Development

Bank of Japan Puts Top Economist in Charge of CBDC Development

Bank of Japan’s top economist, Kazushige Kamiyama is now the head of payments and settlements and at the helm of Japan’s exploration of its Central Bank Digital Currency (CBDC) project.

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

The Bank of Thailand (BOT) announced its plans for a Central Bank Digital Currency (CBDC) prototype to be in effect by 2021. The BOT plans to begin the production of their prototype for a CBDC next month.

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading

NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading

American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.

BME Rolls Out Blockchain-Powered Collateral Pledge Certificates

BME Rolls Out Blockchain-Powered Collateral Pledge Certificates

BME, a Spain-based stock market operator, has established a service dubbed BE DLT-Preda that deploys blockchain technology in the digitization of collateral pledge certificates. This, therefore, eradicates the urge for physical documents.

Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program

Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program

Earlier this year, Banque de France, the French central bank launched a program of experiments to test out the potential central bank digital money aimed for interbank settlements. The program of experiments was launched in late March 2020, where the central bank asked participants to submit their applications before May 15, 2020. The French central bank is open to test out new technology, although it did not specify using blockchain.

Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut

Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut

The Bank of Thailand (BoT), Thai’s central bank, is already utilizing its central bank digital currency (CBDC) for financial transactions with various big businesses. This development ushers in the third development phase of the nation’s CBDC before a public debut.

Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC

Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC

Spain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.

Bank of America Announces Blockchain Job Openings

Bank of America Announces Blockchain Job Openings

Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.

Bank of Canada Governor Advocates Globally Coordinated Approach to CBDC

Bank of Canada Governor Advocates Globally Coordinated Approach to CBDC

The governor of the Bank of Canada Tiff Macklem has advocated for a “globally coordinated” approach with respect to CBDC development.

Advancing CBDC: Bank of Canada In Search of Digital Currency Economist

Advancing CBDC: Bank of Canada In Search of Digital Currency Economist

The Bank of Canada is in search of an economist with expertise in digital currencies and financial technologies to help advance its CBDC drive.

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