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Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-e...
Jun, 25, 2024
by Bitcoin News
Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market an...
Jun, 19, 2024
by Bitcoin News
Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for se...
Jun, 07, 2024
by Bitcoin News
Cross Border CBDC Project Mbridge Enters MVP Stage

Cross Border CBDC Project Mbridge Enters MVP Stage

Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, ha...
Jun, 07, 2024
by Bitcoin News
SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its ...
Mar, 29, 2024
by Bitcoin News