The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in the project, the Hong Kong Monetary Authority (HKMA) will conduct a live issuance of the WCBDC in the future. […]
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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital...