The advent of Web3 is signalling another wave of renaissance in the banking sector. Over the recent years, banks have been experimenting with decentralisation and deploying...
Tag: CBDC
Singapore to issue live digital money for payment, in step to broaden its use
The Monetary Authority of Singapore (MAS) will issue "live" digital money in a trial next year that could enhance settlements between banks.
After crypto’s dramatic fall, digital currencies take slow road to credibility in Asia-Pacific
Mastercard said it had completed a trial of the e-HKD digital currency in Hong Kong that enabled Web3 transactions. The pilot showed that seamless funding and...
Trial of digital Singapore dollar offers preview of what’s possible with digital currency
Singapore is testing out a digital Singapore dollar that would let government agencies, businesses and consumers transact a lot more easily.
Swift pitches itself as a link for cross-border digital currency, token transactions
Financial messaging system Swift has completed tests that it says will enable digital currencies and tokenised assets to be moved seamlessly.