CBDC

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/crypto

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundation’s (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

/payments

Solomon Islands CBDC PoC goes live

The Central Bank of Solomon Islands (CBSI) and Japanese blockchain fintech company Soramitsu (Tokyo, Japan; President Kazumasa Miyazawa; Group CEO Makoto Takemiya) have begun a Proof-of-Concept (PoC) for a Central Bank Digital Currency (CBDC). Starting from November 1, 2023, the CBSI has been testing the system provided by Soramitsu for use cases related to domestic and foreign payments, including testing simulated international remittances.

/crypto

Xion Global taps G+D Filia to bridge gp between blockchain and traditional financial systems

Xion Global uses technology from Giesecke+Devrient (G+D) for an innovative holistic financial solution. By combining it’s web3 multi-chain payments infrastructure and G+D's CBDC solution Filia for interbank deposit token transfer, Xion is creating a seamless financial ecosystem for digital asses as well as public currencies.

/startups

Almond FinTech Raises $7M

Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding will help broaden Almond's rapidly expanding network in Asia, the Americas, and Africa, while reinforcing their commitment to making financial services affordable and accessible to people everywhere.

/crypto

Ripple to lead National Bank of Georgia's CBDC pilot project

The National Bank of Georgia (NBG) has chosen Ripple, the leader in enterprise blockchain and crypto solutions, as the official technology partner for its Digital Lari (GEL) pilot project. The pilot will experiment with Ripple’s CBDC technology and evaluate the practical use cases to gauge potential benefits for the public sector, businesses and retail users.

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