central bank digital currency

Wider adoption of e-CNY poses risks to China’s banking system: Moody’s

Digital renminbi will test banks’ ability to address risks.

Hong Kong mulls launching own digital currency: financial secretary

This is part of HKMA's initiative to 'push all banks to go fintech'.

Commercial banks to take intermediary roles when CBDCs roll out: S&P

Central banks will prioritise financial stability in this undertaking.

Financial institutions face four emerging challenges as digitisation ramps up

FIs role as the middleman is under threat as tech firms mull offering financial services.

Chinese banks’ posed for e-payment scene comeback with digital renminbi’s launch

The e-CNY will support growth of banks’ e-payment customer base and improve overall financial stability.

India mulls phased roll out of central bank digital currencies: report

Its launch will require legal changes to the nation’s foreign exchange and IT rules.

MAS, France complete wholesale cross-border payment experiment using CBDC

It simulated cross-border transactions involving multiple CBDCs on a common network.

AFIN, R3 partner for CBDC testing

AFIN will launch a new digital currency sandbox in APIX.