Project Agora

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Central banks favor legacy instant payment systems over CBDCs

5 months ago bitnews

TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.Source: CoinTelegraph

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BIS distances from Project mBridge amid BRICS sanctions concerns

6 months ago bitnews

Economic sanctions have a profound effect on international financial architecture, it turns out.Source: CoinTelegraph

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Bank of Korea to Launch CBDC Payment Trial in Supermarkets

7 months ago bitnews

South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets...

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Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

7 months ago bitnews

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with...

1 min read

World Banking Giants Join Project Agora to Reengineer Cross Border Payments

7 months ago bitnews

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart...

1 min read

41 firms join BIS Project Agora to advance unified ledger applications

7 months ago bitnews

The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.Source: CoinTelegraph