Mastercard Successfully Tests CBDC Wrapping on Varied Blockchains

Mastercard Successfully Tests CBDC Wrapping on Varied Blockchains

Mastercard successfully wraps CBDCs on various blockchains, bridging traditional finance with DeFi and potentially reshaping global finance. Key Takeaways In a pioneering venture, Mastercard has conclusively executed a successful experiment wrapping central bank digital currencies (CBDCs) on multiple blockchains, working in tandem with the Reserve Bank of Australia (RBA) and the country’s Digital Finance Cooperative Research Centre CBDC. The trial …

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Russian CBDC & Biometric Data Projects Not Linked, Bank Claims

Russian CBDC & Biometric Data Projects Not Linked, Bank Claims

The Russian Central Bank clarified that its digital ruble and biometric data collection are unrelated, with voluntary participation, aiming to prevent scams. Key Points The Russian Central Bank recently addressed growing concerns about the link between its Central Bank Digital Currency (CBDC), the digital ruble, and the country’s biometric data collection initiative. Elvira Nabiullina, the Governor of the Russian Central …

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Brazilian Central Bank Uploads CBDC-Related Documents to GitHub

Brazilian Central Bank Uploads CBDC-Related Documents to GitHub

The Brazilian Central Bank has taken a step towards launching a digital real by sharing CBDC-related documents on GitHub. Key Points The Brazilian Central Bank has taken a significant step towards the rollout of a digital real by uploading a collection of central bank digital currency (CBDC)-related documents to GitHub. The collection of documents, which was uploaded to the bank’s …

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