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BIS Project mBridge CBDC pilot deemed a success
The Bank for International Settlements (BIS) says the six-week Project mBridge pilot to evaluate whether CBDC would be useful for foreign exchange transfers has successfully processed 160 payments worth around... read more
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JCB launch “JCBDC” CBDC at POS trial in Japan
Japan’s JCB has launched “JCBDC” (JCB Digital Currency) pilot project with IDEMIA and FinTech company Soft Space . JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution... read more
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The European Council approves Markets in Crypto-Assets (MiCA) regulation
The European Council’s Permanent Representatives Committee has approved MiCA, the Markets in Crypto-Assets regulation text, and sent it to the chair of the European Parliament Committee on Economic and Monetary... read more
The post The European Council approves Markets in Crypto-Assets (MiCA) regulation appeared first on Payments Cards & Mobile.
Indian central bank announces digital rupee CBDC trial
The Reserve Bank of India has said it will pilot a digital rupee for specific use cases and also released a concept note on Central Bank Digital Currency (CBDC). The... read more
The post Indian central bank announces digital rupee CBDC trial appeared first on Payments Cards & Mobile.
Worlds largest crypto exchange Binance suffers massive hack
Over the weekend, Binance, the world’s biggest crypto exchange suffered a cyber hack that has culminated in a estimated loss of around $570 million and further damages the struggling digital... read more
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