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Tomorrow, First. News and intelligence for the agentic economy

Lens

CBDC – Central Bank Digital Currencies

  • Regulation

    Hong Kong needs at least two years to build wholesale CBDC: HKMA

    The Hong Kong Monetary Authority (HKMA), the city’s de-facto central bank, Tuesday said it concluded its market consultations on technical and policy grounds towards the city’s central bank digital currency (CBDC), estimating at least two to three years to build the wholesale system.  See related article: Hong Kong flirts with e-HKD as it talks of […]

    Ningwei Qin

  • Advanced Blockchain Technologies

    Singapore Deputy Prime sees “tremendous potential” in tokenization and DLT

    The Monetary Authority of Singapore (MAS) is preparing for the future of finance by exploring distributed ledger technology use cases, such as asset tokenization and cross-border payments, the city-state’s Deputy Prime Minister Lawrence Wong said on Thursday at an event organized by the central bank.  See related article:  Filecoin service provider RRMine leaves China for […]

    Pradipta Mukherjee

  • Regulation

    RBI asks 4 state-run banks to test digital rupee, in talks with fintech: report

    India’s Reserve Bank of India has asked four state-run banks to test its central bank digital currency (CBDC), due for launch this financial year, even as the central bank seeks a ban on cryptocurrency trading in the country.  See related article: RBI is causing crypto hesitancy among Indian banks Fast facts RBI has chosen the […]

    Pradipta Mukherjee

  • Regulation

    New hire in Saudi Central Bank to work on crypto regulations: report

    Saudi Arabia’s central bank has appointed Mohsen AlZahrani, a former managing director at consultancy firm Accenture, to head its virtual assets and central bank digital currency (CBDC) initiative, Bloomberg reported. See related article: Governments pushing for CBDCs smell blood in Terra Classic’s struggles Fast facts With the United Arab Emirates aiming to be a global […]

    Pradipta Mukherjee

  • Regulation

    IMF looks to build platform for cross-border CBDC transactions

    The director and division chief of IMF’s Monetary and Capital Markets Department will soon publish a paper laying out a blueprint for a platform to support CBDC clearing and settlement transactions between multiple countries. See related article: Inter-country use key for CBDCs to reach potential: report Fast facts See related article: US Digital Dollar Project […]

    Ningwei Qin

  • Bitcoin News

    US Digital Dollar Project to work with Ripple on CBDC technical sandbox

    The U.S.-based Digital Dollar Project said it will work with Ripple and a few other digital asset firms to launch a technical sandbox program to further study a U.S. central bank digital currency (CBDC). See related article: CBDCs better poised for cross-border payments than Bitcoin, stablecoins: ECB study Fast facts The non-profit initiative announced on […]

    Timmy Shen