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ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project

ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project

Blockchain firm ConsenSys has revealed that it has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA)

Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.

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.

Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers

Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers

Smart contracts and blockchain play more of a key role in the economic and social growth of modern society. For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.

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.

Regulated Blockchain Will Power Central Bank Digital Currencies

Regulated Blockchain Will Power Central Bank Digital Currencies

So far, the story of blockchain has been one of new financial services built on decentralised technology. As the continuing prominence of Bitcoin demonstrates, these decentralised finance, or DeFi, applications have built up a following amongst a band of loyal supporters.

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Thailand Co Ltd, the automotive leasing arm of Toyota Motor Thailand, has offered debentures through blockchain’s distributed ledger technology (DLT) in its 500 million baht or $16.4M market.

The Reserve Bank of Australia Refuses to Join the CBDC Bandwagon

The Reserve Bank of Australia Refuses to Join the CBDC Bandwagon

The Reserve Bank of Australia (RBA) has refused to join the bandwagon with respect to the development and issuance of a Central Bank Digital Currency (CBDC).

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance

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