© Reuters. The Swiss National Bank (SNB) has partnered with six commercial banks, including UBS, Zuercher Kantonal Bank, Banque Cantonale Vaudoise, Basler Kantonalbank, Commerzbank (ETR:), and Hypothekarbank Lenzburg for a wholesale Central Bank Digital Currency (CBDC) pilot project. The initiative, dubbed Helvetia Phase III, aims to tokenize the Swiss franc for digital securities transactions on
© Reuters. A consortium of Swiss financial institutions is set to revolutionize digital financial markets through the launch of Helvetia Phase III, a project aimed at exploring the use of wholesale central bank digital currency (wCBDC). This initiative marks the first time real Swiss Franc wCBDC will be used to settle digital securities transactions. The
© Reuters. Bank of China Hong Kong (BOCHK) is conducting a pilot project to examine the role of smart contracts in the proposed Central Bank Digital Currency (CBDC) of Hong Kong, using its mobile applications BOC Pay and BOC Bill Merchant App. The pilot aims to integrate point-of-sale functionality to lower technical barriers for merchants,
© Reuters. The European Central Bank (ECB) is making strides towards a digital euro, but the initiative is encountering delays due to privacy concerns surrounding small transactions. The European Data Protection Board (EDPB), led by Deputy Chair Irene Loizidou Nicolaidou, has advocated for the inclusion of a privacy limit in the upcoming legislation. This would
$Garbage, the world’s first garbage-themed meme coin, is taking the crypto world by storm. With a unique storyline backed by a mutual distaste for the current course of modern affairs, The company hopes that $Garbage will quickly become one of the most popular and talked-about crypto projects in the world. “Crypto gets a bad rap”,
بانک تسویههای بینالمللی (BIS) گزارشی را منتشر کرده است که خلاصهای از آزمایش «پروژه یخشکن» را منتشر کرده است که مزایا و مشکلات بالقوه استفاده از ارز دیجیتال بانک مرکزی خردهفروشی (CBDC) را در پرداختهای فرامرزی بررسی میکند. این آزمایش برای آزمایش «امکان سنجی فنی انجام تراکنش های فرامرزی – ارزی بین ارزهای مختلف» طراحی
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