Twenty industrial banks in Hong Kong, China, the United Arab Emirates and Thailand used the custom-made mBridge Ledger platform and CBDCs issued by their respective central banks to conduct fee and international change payment-versus-payment transactions on behalf of their company…
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BIS
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Exchanges
BIS concludes CBDC pilot with cross-border funds totalling $22M transacted
by Jeremyby JeremyThe pilot mission, titled mBridge mission (often known as A number of CBDC or mCBDC), facilitated $22 million value of real-value cross-border transactions between the Hong Kong Financial Authority (HKMA) and the central banks of Thailand, China, the United Arab…
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The central banks of Hong Kong, Thailand, China and the United Arab Emirates (UAE) took half within the pilot program together with 20 business banks from these than $12 million price of worth was issued onto the take a…
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A mission involving a number of Asian central financial institution digital currencies (CBDCs) has been badged successful, facilitating over $22 million in foreign-exchange transactions, the Financial institution for Worldwide Settlements (BIS) mentioned Supply hyperlink
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Regulation
Principles for Financial Market Infrastructures should be applied to stablecoins: BIS
by Jeremyby JeremyThe Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions…
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IOSCO, a global body for securities regulators, and a committee at the Bank for International…
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Each of the CBDC access models has different implications around risks, efficiency, resilience and interoperability,…
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