[{"tag":"south_korea","created":1793388340826,"country":"South Korea","countries":[{"centralBank":"Bank of Korea","name":"South Korea","uid":"6fc916ed-18f9-4fdc-a2be-13df67670a3f"}],"centralBank":"Bank of Korea","announcementYear":1681084800000,"status":"Pilot","type":"Wholesale","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,0,1,0,0],"dlt":"DLT","goals":"The purpose of the distributed ledger technology (DLT) based wholesale CBDC is to settle the tokenized deposit transactions across the seven participating banks. Currently, interbank transfers are settled via transfers across banks' BOK reserve accounts.","announcementLink":"https://www.msit.go.kr/bbs/view.do?sCode=user&mPid=208&mId=307&bbsSeqNo=94&nttSeqNo=3187800#wrap","crossBorderProject":false,"uid":"89139d81-3015-47e9-a0ab-9acb9ea9c464"},{"tag":"kyrgyzstan-digital_som","created":1793388341373,"country":"Kyrgyzstan","countries":[{"centralBank":"National Bank of the Kyrgyz Republic","name":"Kyrgyzstan","uid":"9b93aab4-4fb9-4a30-8032-21c24ac7918a"}],"centralBank":"National Bank of the Kyrgyz Republic","announcementYear":1712620800000,"digitalCurrency":"Digital Som","status":"Proof of concept","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,1,1,0],"dlt":"DLT","goals":"Research into digital som is a strategic initiative of the National Bank in the digitalization of the economy and financial system of the Kyrgyz Republic. The introduction of digital currency aims to enhance financial inclusion, simplify the processes of transfer and payment, and increase the transparency and security of financial transactions. ","announcementLink":"https://www.certik.com/blog/certik-and-the-national-bank-of-the-kyrgyz-republic-partner-on-digital-som-security","crossBorderProject":false,"uid":"c8bc3054-c194-424f-addc-fc122ea483ea"},{"tag":"japan-digital_yen","created":1793388341516,"country":"Japan","countries":[{"centralBank":"Bank of Japan","name":"Japan","uid":"d4e5d822-c424-4674-bac6-9bd2ab3517f6"}],"centralBank":"Bank of Japan","announcementYear":1618012800000,"digitalCurrency":"Digital Yen","status":"Proof of concept","type":"Retail","updateRate":[0,0,0,1,1,0,1,0,0,1,0,0],"description":"Japan has become the latest major economy to begin exploring the feasibility of a central bank digital currency (CBDC). The Bank of Japan (BoJ) is reportedly conducting research on a digital yen as it aims to keep up pace with neighboring China. A local digital currency forum is also working on \"some form of digital currency\" for Japan's private sector to complement the central bank's efforts.","goals":"The upcoming program is an end-stage trial with an eye towards implementation. BOJ will work with private-sector banks to test deposits and withdrawals from accounts, and check whether the currency can work without internet access in emergency scenarios.","announcementLink":"https://www.boj.or.jp/en/paym/digital/d_forum/dfo260911a.pdf","whitepaperLink":"https://www.boj.or.jp/en/paym/digital/dig230529a.pdf","crossBorderProject":false,"uid":"e95662a8-6a07-42b2-87eb-71441d1b3f21"},{"tag":"cross-border-project-ensembletx","created":1793388342794,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1712620800000,"digitalCurrency":"EnsembleTX","status":"Pilot","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,1,0,0],"announcementLink":"https://www.info.gov.hk/gia/general/202609/16/P2026091600244.htm","crossBorderProject":true,"uid":"32e09afe-992d-4e9e-a11f-85a26e64f6de"},{"tag":"india-digital_rupee","created":1793388341767,"country":"India","countries":[{"centralBank":"RBI","name":"India","uid":"5eeee313-972e-4280-8a08-98923dbb68a3"}],"centralBank":"RBI","announcementYear":1586390400000,"digitalCurrency":"Digital Rupee","status":"Pilot","type":"Retail / Wholesale","structure":"Token","updateRate":[0,1,1,1,0,1,1,0,2,2,4,1],"description":"The Reserve Bank of India is working on a phased implementation of both retail and wholesale CBDC.","dlt":"DLT","goals":"The main motive is increase efficiency and decrease risks by utilizing instant settlement and programmability to return funds at specific times without delays.","announcementLink":"https://www.sebi.gov.in/media-and-notifications/press-releases/sep-2026/successful-launch-of-demat-2-0-pilot-project-for-tokenised-corporate-bonds_104418.html","whitepaperLink":"https://rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=1218","crossBorderProject":false,"uid":"4c962304-74de-43ce-8057-16c024f569ac"},{"tag":"euro_area-pontes","created":1793388342080,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1775779200000,"digitalCurrency":"Pontes","status":"Pilot","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,1,0,0],"announcementLink":"https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.pr260921_1~5a011ecbea.en.html","crossBorderProject":false,"uid":"4f322970-4798-4a5b-b9fe-165afb02e0c4"},{"tag":"australia-eaud","created":1793388342595,"country":"Australia","countries":[{"centralBank":"Reserve Bank of Australia","name":"Australia","uid":"04afab38-ad01-442a-a10f-eeb9c5faf41f"}],"centralBank":"Reserve Bank of Australia","announcementYear":1586390400000,"digitalCurrency":"eAUD","status":"Cancelled","type":"Retail","structure":"Token ","technology":"Mastercard","technologyName":"Ethereum","updateRate":[0,0,0,0,0,0,0,0,0,1,0,0],"description":"RBA has launched a research project to look into the use cases for a CBDC in Australia.","dlt":"DLT","announcementLink":"https://www.rba.gov.au/payments-and-infrastructure/tokenised-money/pdf/retail-cbdc-position-paper-sep-2026.pdf","whitepaperLink":"https://www.rba.gov.au/payments-and-infrastructure/central-bank-digital-currency/pdf/australian-cbdc-pilot-for-digital-finance-innovation-project-report.pdf","crossBorderProject":false,"uid":"438830c0-f08c-4068-8ded-d16d2e79872a"},{"tag":"uzbekistan-digital_sum","created":1793388340444,"country":"Uzbekistan","countries":[{"centralBank":"Central Bank of Uzbekistan","name":"Uzbekistan","uid":"ae19cd40-2a8e-40df-917c-04fb767481f6"}],"centralBank":"Central Bank of Uzbekistan","announcementYear":1618012800000,"digitalCurrency":"Digital Sum","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,0,0,0,0,0,1,0,0,0],"announcementLink":"https://cbu.uz/en/press_center/reports/4445662/?sphrase_id=751143","crossBorderProject":false,"uid":"72bb93a9-98ad-4026-89db-a68a2df0c243"},{"tag":"russian_federation-digital_ruble","created":1793388340988,"country":"Russian Federation","countries":[{"centralBank":"Bank of Russia","name":"Russian Federation","uid":"10fdfd78-fb29-4f14-a7b9-49ae15f08c23"}],"centralBank":"Bank of Russia","announcementYear":1554854400000,"digitalCurrency":"Digital Ruble","status":"Launched","type":"Retail","updateRate":[0,0,0,0,0,1,0,0,1,1,1,1],"description":"Completed Pilot phase successfully","goals":"The introduction of a digital ruble will help is expected to reduce costs for households and businesses, increase the speed of payments, and develop innovative products and services in the financial industry and the economy in general.","announcementLink":"https://cbr.ru/eng/press/event/?id=25774","crossBorderProject":false,"uid":"a64641d4-5276-4a94-80a8-c25db1b1d14a"},{"tag":"vietnam-vietnam_cbdc","created":1793388340429,"country":"Vietnam","countries":[{"centralBank":"State Bank of Vietnam","name":"Vietnam","uid":"a2706e5d-5024-4df6-b98a-dad53c34ba72"}],"centralBank":"State Bank of Vietnam","digitalCurrency":"Vietnam CBDC","status":"Research","type":"Retail","technology":"Soramitsu","updateRate":[0,0,0,0,0,0,0,1,0,0,0,0],"dlt":"DLT","announcementLink":"https://luatvietnam.vn/tai-chinh/quyet-dinh-1413-qd-ttg-2026-phe-duyet-de-an-cai-cach-thi-truong-tai-chinh-viet-nam-den-2045-442196-d1.html","crossBorderProject":false,"uid":"fb22259a-89f2-4605-8efd-16377f4d3c50"},{"tag":"united_states_of_america-digital_dollar","created":1793388340486,"country":"United States of America","countries":[{"centralBank":"US Federal Reserve","name":"United States of America","uid":"55c10503-130b-489d-915a-b71aff37fce5"}],"centralBank":"US Federal Reserve","announcementYear":1586390400000,"digitalCurrency":"Digital Dollar","status":"Cancelled","type":"Retail","updateRate":[0,5,3,5,5,3,6,10,4,2,3,2],"description":"In August 2020, the Fed published some findings of its \"FooWire\" trial, which was developed using the Hyperledger Fabric blockchain software. According to the central bank's researchers, that trial \"highlighted the potential of DLT for certain payment uses, the quick speed with which a system could be implemented, the potential simplicity of smart contracts, and the range of functionality offered by such platforms. Additionally, the Federal Reserve Bank of Boston announced it will work with researchers from MIT's Digital Currency Initiative (DCI) on a \"multi-year collaboration\" to build and test a \"hypothetical\" open-source central bank digital currency platform. In a speech announcing this project, Fed governor Lael Brainard stressed that the Fed has still yet to make a formal decision on whether to official pursue a digital currency launch.","dlt":"DLT","announcementLink":"https://www.congress.gov/bill/119th-congress/house-bill/6644","whitepaperLink":"https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf","crossBorderProject":false,"uid":"82b24c6c-c8ca-410d-912d-daea772931f2"},{"tag":"turkey-digital_lira","created":1793388340588,"country":"Turkey","countries":[{"centralBank":"Central Bank of the Republic of Turkey","name":"Turkey","uid":"ad23eb36-6850-416d-aae0-7faef8c2115c"}],"centralBank":"Central Bank of the Republic of Turkey","announcementYear":1523318400000,"digitalCurrency":"Digital Lira","status":"Pilot","type":"Retail","structure":"Token","technology":"TÜBITAK","updateRate":[0,0,0,0,0,0,0,1,0,0,0,0],"description":"For the first phase of the pilot study, the CBRT will develop a prototype \"Digital Turkish Lira Network\" and run limited closed-circuit pilot tests with technology stakeholders. Based on the results of those tests, the CBRT will unveil advanced phases of the pilot study that will reflect a broader participation. The CBRT also plans to carry out tests that may diversify the coverage of the Digital Turkish Lira R&D Project into areas such as blockchain technology, the use of distributed ledgers in payment systems, and integration with instant payment systems. The results of the first phase will be announced in 2022 after the tests are completed","dlt":"DLT","goals":"The main objective is to establish a financial sector with a strong institutional structure that can respond to the financing needs of the real sector at a low cost, offer different financial instruments to a wide investor base through reliable institutions and support Istanbul's goal of becoming an attractive global financial center.","announcementLink":"https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Announcements/Press+Releases/2026/ANO2026-33","whitepaperLink":"https://www.tcmb.gov.tr/wps/wcm/connect/b2527947-27ca-41d1-8a9b-1c9a8c211682/Digital+Turkish+Lira+First+Phase+Evaluation+Report.pdf?MOD=AJPERES","crossBorderProject":false,"uid":"40b0a860-3cfe-413e-a8e4-28021f57ee5e"},{"tag":"south_korea-hangang_river","created":1793388340820,"country":"South Korea","countries":[{"centralBank":"Bank of Korea","name":"South Korea","uid":"6fc916ed-18f9-4fdc-a2be-13df67670a3f"}],"centralBank":"Bank of Korea","announcementYear":1681084800000,"digitalCurrency":"Hangang River","status":"Pilot","type":"Wholesale","structure":"Token","technology":"LG CNS","updateRate":[0,0,0,0,0,0,0,1,0,0,0,0],"dlt":"DLT","goals":"The purpose of the distributed ledger technology (DLT) based wholesale CBDC is to settle the tokenized deposit transactions across the seven participating banks. Currently, interbank transfers are settled via transfers across banks' BOK reserve accounts.","announcementLink":"https://en.infomaxai.com/news/articleView.html?idxno=133743","crossBorderProject":false,"uid":"38adde30-2fc4-4973-bfc7-302c371b53dd"},{"tag":"china-e-cny","created":1793388342280,"country":"China","countries":[{"centralBank":"People's Bank of China","name":"China","uid":"c9d03aea-1229-4d54-ad41-a08acc03ceee"}],"centralBank":"People's Bank of China","announcementYear":1397088000000,"digitalCurrency":"e-CNY","status":"Cancelled","type":"Retail","structure":"Account","technology":"Feitian Technologies","updateRate":[0,3,1,1,1,2,2,3,1,1,1,0],"description":"China's e-CNY is a state-backed digital currency, operationalized to streamline transactions and integrate with global financial systems. This CBDC, under the oversight of the People's Bank of China (PBOC), aims to digitize parts of the physical currency supply and provide an efficient, secure alternative to traditional payment methods. Piloted in several cities and by major banks, it's rapidly expanding with innovative features like NFC payments and offline transactions. With over 1.8 trillion yuan in transactions, e-CNY is now interoperable with apps like WeChat and Alipay. Cross-border payment systems like mBridge illustrate its potential for international trade finance. User adoption is encouraged through wallet-opening machines for tourists and potential features like expiration dates to stimulate spending. The Digital Yuan strives to maintain user privacy with controlled anonymity and is rolling out in various scenarios from government salaries to smart contract applications.","dlt":"Non-DLT","goals":"The main goal of e-CNY to provide a convenient, yet more efficient and secure retail payment system to increase financial inclusion, preserve monetary sovereignity, and to provide a \"back up\" payment infrastructure for the private sector payment solutions. Further, fair competition and interoperability should be promoted.","announcementLink":"https://www.jri.co.jp/en/reports/jrirj/2026/katsurada/13/","whitepaperLink":"https://celo.org/papers/cbdc-velocity","crossBorderProject":false,"uid":"1f48d1c9-e8d2-489e-adcf-3faa247ef02c"},{"tag":"south_africa-south_africa_cbdc","created":1793388340849,"country":"South Africa","countries":[{"centralBank":"South African Reserve Bank","name":"South Africa","uid":"938fe242-a99a-421a-b372-0457afa13795"}],"centralBank":"South African Reserve Bank","announcementYear":1554854400000,"digitalCurrency":"South Africa CBDC","status":"Research","type":"Retail","updateRate":[0,1,2,1,1,1,1,0,1,0,1,0],"announcementLink":"https://web.archive.org/web/20260619040608/https://www.resbank.co.za/en/home/publications/publication-detail-pages/speeches/speeches-by-governors/2026/cassim-gibs","crossBorderProject":false,"uid":"940c53f3-7787-4b38-a3e7-a431d729d67d"},{"tag":"philippines-agila_2.0","created":1793388341075,"country":"Philippines","countries":[{"centralBank":"The Bangko Sentral ng Pilipinas","name":"Philippines","uid":"9bd78764-90a6-426f-950d-70cf34376e2d"}],"centralBank":"The Bangko Sentral ng Pilipinas","announcementYear":1649548800000,"digitalCurrency":"Agila 2.0","status":"Proof of concept","type":"Wholesale","structure":"Token","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"announcementLink":"https://www.bsp.gov.ph/SitePages/MediaAndResearch/MediaDisp.aspx?ItemId=7966&MType=MediaReleases","crossBorderProject":false,"uid":"43037603-d68f-4979-8b9b-d508cf40a4a5"},{"tag":"peru-peru_cbdc","created":1793388341100,"country":"Peru","countries":[{"centralBank":"Central Reserve Bank of Peru","name":"Peru","uid":"27c6de71-7925-4252-ab43-91f3b366cdca"}],"centralBank":"Central Reserve Bank of Peru","announcementYear":1618012800000,"digitalCurrency":"Peru CBDC","status":"Research","type":"Retail","technology":"Bitel","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"description":"The Central Reserve Bank of Peru (BCRP) is developing a central bank digital currency (CBDC),","announcementLink":"https://web.archive.org/web/20260705190107/https://cryptobriefing.com/peru-cbdc-pilot-extended-2027/","whitepaperLink":"https://www.bcrp.gob.pe/docs/Publicaciones/Revista-Moneda/moneda-178/moneda-178-01.pdf","crossBorderProject":false,"uid":"8a8afa92-bd04-4d6e-99c9-caa03b1b9805"},{"tag":"nigeria-e-naira","created":1793388341196,"country":"Nigeria","countries":[{"centralBank":"Central Bank of Nigeria","name":"Nigeria","uid":"ab2cd3a7-8b16-4b64-b0c9-7bffd606ab16"}],"centralBank":"Central Bank of Nigeria","announcementYear":1618012800000,"digitalCurrency":"e-Naira","status":"Research","type":"Retail, Wholesale","technology":"Bitt Inc.","technologyName":"Hyperledger Fabric","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"description":"Nigerians will be able to transact on eNaira central bank digital currency (CBDC) wallets through the Unstructured Supplementary Service Data (USSD) code on mobile phones.","dlt":"DLT","goals":"The aim is to increase efficiency in cross-border payments, increase financial inclusion, facilitate remittances, and reduce informality.","announcementLink":"https://www.cbn.gov.ng/Out/2026/CCD/Nigeria%20Payments%20System%20Vision%202028.pdf","crossBorderProject":false,"uid":"81a9ae2f-26b9-4999-a89e-6c947c1e298b"},{"tag":"kazakhstan-digital_tenge","created":1793388341465,"country":"Kazakhstan","countries":[{"centralBank":"National Bank of Kazakhstan","name":"Kazakhstan","uid":"d24398e3-886a-43f4-834e-afbd9058dfd2"}],"centralBank":"National Bank of Kazakhstan","announcementYear":1586390400000,"digitalCurrency":"Digital Tenge","status":"Launched","type":"Retail","structure":"Token","technology":"R3 Corda, Binance","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"description":"May: Public Consultation Report released\r\nMay: December: a series of dedicated meetings and discussions held with market participants, expert community, public authorities as well as international partners\r\nJune: launch of a pilot project to assess technical feasibility of Digital Tenge, within which a prototype platform was implemented and a number of scenarios with connection of external participants that involved second-tier banks were examined\r\nSeptember: polls and interviews with market participants to specify the priorities and needs in development of new payment instruments\r\nNovember: preliminary results of the pilot project were presented within the IX Congress of Kazakhstan Financiers\r\nDecember: preparation of the report on pilot project results","dlt":"DLT ","goals":"National Bank of Kazakhstan perceives a multitude of possibilities arising from the harmonization of conventional and decentralized finance, as well as the interplay between regulators and the market. It aims to foster a sound and equitable regulatory atmosphere for digital assets and cryptocurrencies that guarantees their innovative capacity while safeguarding consumer rights and maintaining macro-financial stability, as the main objectives of the Digital Tenge project is to test the concept’s feasibility through experimental confirmation of the retail platform’s technological viability based on distributed ledger technology, as well as to determine the main parameters of the CBDC Model for Kazakhstan in cooperation with all stakeholders.","announcementLink":"https://web.archive.org/web/20260705185724/https://www.linkedin.com/posts/binur-zhalenov_digitalfinance-kazakhstan-fintech-share-7472953067685212161-zuY8/","whitepaperLink":"https://nationalbank.kz/file/download/97556","crossBorderProject":false,"uid":"7995d2e9-5fa8-4684-b88c-9efead986022"},{"tag":"cross-border-project-mbridge","created":1793388342780,"country":"Saudi Arabia","countries":[{"centralBank":"Saudi Arabian Monetary Authority","name":"Saudi Arabia","uid":"7209d122-ad5e-4e54-ac29-c71c5e731c44"}],"centralBank":"Saudi Arabian Monetary Authority","announcementYear":1618012800000,"digitalCurrency":"mBridge","status":"Pilot","type":"Wholesale","technologyName":"Dashing Protocol","updateRate":[0,0,1,1,0,0,1,0,0,0,1,0],"description":"A six-week pilot project to evaluate whether central bank digital currencies (CBDC) would be useful for foreign exchange transfers successfully had 20 different commercial banks conduct over 160 payments worth around a total of $22 million.","dlt":"DLT","goals":"mBridge offers a unique opportunity to improve international trade settlement.Given that the total value of international trade transactions between the four participating jurisdictions amounted to more than USD$730 billion according to the World Bank, the mBridge Steering Committee has given priority to this use case. Testing of sample trade settlement transactions across 11 industries has commenced on the trial platform.","announcementLink":"https://web.archive.org/web/20260705184852/https://www.amcm.gov.mo/zh-hant/news-notice/statement/detail/20260603_mbridge/1387","whitepaperLink":"https://www.bis.org/publ/othp40.pdf","crossBorderProject":true,"uid":"3b51254d-4f34-4e57-b611-51b294f342eb"},{"tag":"euro_area-appia","created":1793388342087,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1775779200000,"digitalCurrency":"Appia","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"announcementLink":"https://web.archive.org/web/20260602141408/https:/www.ecb.europa.eu/press/intro/news/html/ecb.mipnews260601.en.html","crossBorderProject":false,"uid":"56f72b24-3489-49e6-a610-290c49464208"},{"tag":"cross-border-project-e-hkd","created":1793388342924,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1712620800000,"digitalCurrency":"e-HKD","status":"Pilot","type":"Wholesale","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"announcementLink":"https://web.archive.org/web/20260705185043/https://www.hkma.gov.hk/eng/news-and-media/press-releases/2026/06/20260618-8/","crossBorderProject":true,"uid":"ebda6086-48a5-4d82-9733-9c833bdd9946"},{"tag":"western_african_monetary_union_wamu-wamu_cbdc","created":1793388340421,"country":"Western African Monetary Union (WAMU)","countries":[{"centralBank":"The Banque Centrale des Etats de L'Afrique de L'Ouest (BCEA)","name":"Western African Monetary Union (WAMU)","uid":"866d7e38-c97c-49bc-94c0-46530cf150b8"}],"centralBank":"The Banque Centrale des Etats de L'Afrique de L'Ouest (BCEA)","announcementYear":1744243200000,"digitalCurrency":"WAMU CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,1,0,0,0,0,0,0],"announcementLink":"https://web.archive.org/web/20260526022517/https://www.bceao.int/en/content/call-applications-2026-edition-abdoulaye-fadiga-prize-promotion-economic-research","crossBorderProject":false,"uid":"a83af790-8579-4708-8e6e-63f038fe2aaf"},{"tag":"uganda-uganda_cbdc","created":1793388340556,"country":"Uganda","countries":[{"centralBank":"Bank of Uganda","name":"Uganda","uid":"d56aa1cb-a004-498e-bf27-40b9b6a719dd"}],"centralBank":"Bank of Uganda","announcementYear":1649548800000,"digitalCurrency":"Uganda CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,1,0,0,0,0,1,0],"description":"Uganda is considering a Central Bank Digital Currency (CBDC) in a move that has drawn policy attention to the large investments required for a successful trading ecosystem and crucial mileage offered by digital payments systems such as mobile money services and internet banking.","dlt":"DLT","goals":"Exploring legal options for future amendments in financial laws that will facilitate circulation of digital currency denominations.","announcementLink":"https://web.archive.org/web/20260605171038/https:/bou.or.ug/uploads/Notice_of_Shortlisted_Bidders_for_EOI_for_Consultancy_Services_for_CBDC_Feasibility_Study_e4d4cf2050.pdf","crossBorderProject":false,"uid":"89b88457-bd73-480a-bd58-30739233b6fb"},{"tag":"israel-e-shekel","created":1793388341599,"country":"Israel","countries":[{"centralBank":"Bank of Israel","name":"Israel","uid":"2aa468d3-634d-4125-b828-d6267396115d"}],"centralBank":"Bank of Israel","announcementYear":1491782400000,"digitalCurrency":"e-shekel","status":"Proof of concept","type":"Retail","technology":"VMware","technologyName":"Quorum","updateRate":[0,0,0,0,0,1,0,0,0,0,0,0],"description":"In November 2017, the Bank of Israel Governor Dr. Karnit Flug appointed a team to research the advantages and disadvantages of issuing a central bank digital currency. The findings of the team's research was published a year later, in November 2018, and recommended against issuing a digital currency in the near future. However, the team will continue to monitor significant developments with central bank digital currencies abroad, in order to be prepared to launch a currency, should it become necessary.","dlt":"DLT","goals":"The Bank of Israel is considering the issuance of a Central Bank Digital Currency (CBDC), and several variables will determine the Steering Committee's recommendation. One factor is the issuance of CBDCs by other countries. A decline in cash usage and an increase in electronic payment adoption may also prompt the need for a digital currency. The presence of stablecoins and the competition within the payment system will also be considered. Technological advancements could also lead to the need for a digital shekel. The Steering Committee will continually monitor these factors to determine whether to issue a digital currency in the future.","announcementLink":"https://web.archive.org/web/20260520185351/https://boi.org.il/en/communication-and-publications/press-releases/the-bank-of-israel-publishes-a-2025-progress-report-on-the-digital-shekel-project/","whitepaperLink":"https://boi.org.il/media/lumjpcuy/ארכיטקטורה-לוגית-אנגלית.pdf","crossBorderProject":false,"uid":"d93925a9-b60f-4d2b-af4b-f3cb7eaae73c"},{"tag":"ghana-e-cedi","created":1793388341874,"country":"Ghana","countries":[{"centralBank":"The Bank of Ghana","name":"Ghana","uid":"41aac42a-a964-49dd-9b2e-2404afdc7a8d"}],"centralBank":"The Bank of Ghana","announcementYear":1523318400000,"digitalCurrency":"E-cedi","status":"Proof of concept","type":"Retail","structure":"Token","technology":"Giesecke+Devrient (G+D)","technologyName":"Filia","updateRate":[0,0,0,0,0,1,0,0,0,0,0,0],"description":"The Bank of Ghana Governorkeynote address in 2018 that Ghana is researching a CBDC and the possibilities for a pilot project in a sandbox environment.","dlt":"Non-DLT","goals":"Goals are the promotion of diverse digital payments, while ensuring a secure and robust payment infrastructure. Further, it aims to facilitate payments without a bank account, contract, or smartphone, by boosting the use of digital services and financial inclusion amongst all demographic groups.","announcementLink":"https://www.citinewsroom.com/2026/05/e-cedi-project-still-active-bog-governor-assures/","crossBorderProject":false,"uid":"e2cf56af-0178-4d42-b2ed-8c989efefd69"},{"tag":"euro_area-project_agora","created":1793388342091,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","digitalCurrency":"Project Agorá","status":"Proof of concept","type":"Wholesale","updateRate":[0,0,0,0,0,1,0,0,0,0,0,0],"announcementLink":"https://web.archive.org/web/20260527184449/https://www.bis.org/press/p260527.htm","crossBorderProject":false,"uid":"eec1a416-da3d-461c-bcf1-cc9e5dd6df82"},{"tag":"australia-project_acacia","created":1793388342631,"country":"Australia","countries":[{"centralBank":"Reserve Bank of Australia","name":"Australia","uid":"04afab38-ad01-442a-a10f-eeb9c5faf41f"}],"centralBank":"Reserve Bank of Australia","announcementYear":1586390400000,"digitalCurrency":"Project Acacia","status":"Research","type":"Wholesale","structure":"Token","technology":"Kaleido","technologyName":"Ethereum","updateRate":[0,0,0,0,1,1,1,0,0,0,0,0],"description":"The research project is expected to take around a year, after which a report on the findings will be published. These findings will contribute to the Bank's ongoing research into the desirability and feasibility of a CBDC in Australia.","dlt":"DLT","goals":"Understand potential new business model thet CBDC might support","announcementLink":"https://web.archive.org/web/20260519141039/https://www.rba.gov.au/media-releases/2026/mr-26-13.html","whitepaperLink":"https://dfcrc.com.au/wp-content/uploads/2022/12/Central-Bank-Digital-Currencies-CBDCs-An-update-on-rationales-for-issuance-and-systemic-design-considerations.pdf","crossBorderProject":false,"uid":"2c2104b7-0626-4e8e-a6e8-208706b0ab72"},{"tag":"norway-norway_cbdc","created":1793388341163,"country":"Norway","countries":[{"centralBank":"Norges Bank","name":"Norway","uid":"ac9b25fc-46eb-4c55-b691-cff9e7fba9fe"}],"centralBank":"Norges Bank","announcementYear":1554854400000,"digitalCurrency":"Norway CBDC","status":"Cancelled","type":"Retail","technology":"Nahmii, Symfoni, Norwegian Block Exchange","technologyName":"Ethereum, Hyperledger Besu","updateRate":[0,1,0,1,0,0,0,1,0,0,0,0],"description":"In May 2018, the working group released a report identifying key considerations in the decision to develop a CBDC. In June 2019, a second report explored the purposes of a CBDC and assessed potential solutions. In the next phase of the project, the working group will perform a more detailed assessment of the proposed solutions, the technologies they will require and their possible impact. On April 2021, it was announced that the central bank will test various technical solutions for a central bank digital currency (CBDC) over the next two years.","dlt":"DLT","goals":"To ensure a public and credit risk-free alternative to deposits in private banks, in addition to cash and to function as an independent back-up solution for the ordinary electronic payment systems. Possibly enable new and innovative digital services.","announcementLink":"https://www.norges-bank.no/en/news-events/news/News-items/2026/26-03-23-cbdc/","crossBorderProject":false,"uid":"198ad64e-3c0f-4a78-b797-5f7b594f5d3d"},{"tag":"canada-project_samara","created":1793388342323,"country":"Canada","countries":[{"centralBank":"Bank of Canada","name":"Canada","uid":"4c498a1f-65b8-4923-8c06-aa64aea1aba7"}],"centralBank":"Bank of Canada","announcementYear":1775779200000,"digitalCurrency":"Project Samara","status":"Proof of concept","type":"Wholesale","technology":"Hyperledger Fabric","technologyName":"Hyperledger Fabric","updateRate":[0,0,0,1,0,0,0,0,0,0,0,0],"dlt":"DLT","announcementLink":"https://www.bankofcanada.ca/2026/03/staff-analytical-paper-2026-8/","crossBorderProject":false,"uid":"6b703278-086b-40d0-acda-781a6bff425c"},{"tag":"bermuda-digital_bermuda_dollar","created":1793388342475,"country":"Bermuda","countries":[{"centralBank":"Bermuda Monetary Authority","name":"Bermuda","uid":"c57076ce-1ee5-4dce-815e-de4b2d0e4a26"}],"centralBank":"Bermuda Monetary Authority","announcementYear":1775779200000,"digitalCurrency":"Digital Bermuda Dollar","status":"Research","type":"Retail","updateRate":[0,0,0,1,0,0,0,0,0,0,0,0],"announcementLink":"https://www.royalgazette.com/local-business/business/article/20260319/premier-lays-ground-for-digitally-native-dollar/","crossBorderProject":false,"uid":"8f4e3820-d62d-472d-919c-948e4d097a4f"},{"tag":"rwanda-e-franc_rwandais","created":1793388340901,"country":"Rwanda","countries":[{"centralBank":"The National Bank of Rwanda","name":"Rwanda","uid":"6b4d7706-dd7b-4c09-9c7a-d7ffa11e3ef8"}],"centralBank":"The National Bank of Rwanda","announcementYear":1554854400000,"digitalCurrency":"e-Franc Rwandais","status":"Proof of concept","type":"Retail","technology":"G+D","technologyName":"Filia","updateRate":[0,0,1,0,0,0,0,0,0,0,0,0],"description":"The National Bank of Rwanda revealed in 2019 that it is exploring ways to issue a CBDC. Noting outstanding questions around the technology, the National Bank's Financial Stability Director-General Peace Masozera Uwase said, \"We will join in once we are ready.\"","dlt":"non-DLT","goals":"The Rwandan central bank is looking into ways it could potentially issue its own digital currency to make the processing of transactions more efficient and to boost economic growth.","announcementLink":"https://www.bnr.rw/documents/Rwanda_CBDC_PoC_Report.pdf","crossBorderProject":false,"uid":"960c0a6c-a0ad-4203-810d-aaf79e5d4c84"},{"tag":"eastern_caribbean_economic_and_currency_union_oecs_eccu-dcash","created":1793388342150,"country":"Eastern Caribbean Economic and Currency Union (OECS/ECCU)","countries":[{"centralBank":"Eastern Caribbean Central Bank (ECCB)","name":"Eastern Caribbean Economic and Currency Union (OECS/ECCU)","uid":"153743dd-6142-45f4-869f-b9082c57fc65"}],"centralBank":"Eastern Caribbean Central Bank (ECCB)","announcementYear":1491782400000,"digitalCurrency":"DCash","status":"Cancelled","type":"Retail","structure":"Token","technology":"Bitt Inc.","technologyName":"Hyperledger Fabric","governanceStructure":"The ECCB will issue guidelines to pilot participants, which include consumers, merchants and financial institutions. These guidelines will establish the objectives and terms and conditions to be observed during the pilot.","updateRate":[0,0,1,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"The main goal of DCash is to increase financial inclusion, to increase payment efficiency, and provide a resilient payment systems.","announcementLink":"https://www.eccb-centralbank.org/news/communique-of-the-112th-meeting-of-the-eccb-monetary-council","crossBorderProject":false,"uid":"c230247f-3145-4703-8c74-9609ce7b022b"},{"tag":"malawi-malawi_cbdc","created":1793388341312,"country":"Malawi","countries":[{"centralBank":"Reserve Bank of Malawi","name":"Malawi","uid":"3190975b-b5ed-4ec0-ad67-179f062e8861"}],"centralBank":"Reserve Bank of Malawi","announcementYear":1712620800000,"digitalCurrency":"Malawi CBDC","status":"Research","type":"Retail","technology":"eCurrency","technologyName":"DSC3","updateRate":[0,1,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.prnewswire.com/news-releases/ecurrency-to-facilitate-the-development-of-cbdc-in-malawi-302661774.html","crossBorderProject":false,"uid":"85443ddb-5401-41c1-9093-d578da9bc9ab"},{"tag":"iraq-iraq_cbdc","created":1793388341608,"country":"Iraq","countries":[{"centralBank":"Central Bank of Iraq","name":"Iraq","uid":"7c4f7234-d4fb-429f-b707-c3668d670d65"}],"centralBank":"Central Bank of Iraq","announcementYear":1649548800000,"digitalCurrency":"Iraq CBDC","status":"Research","type":"Retail","updateRate":[1,1,0,0,0,0,0,0,0,0,0,0],"goals":"The Central Bank of Iraq aims to introduce a digital currency as a strategic shift to modernize the national payments system, enhance financial transparency, and reduce reliance on physical cash. The goals include lowering currency production costs, curbing money laundering, improving oversight of financial flows, and promoting financial inclusion—especially for underserved populations—while fostering a more efficient and secure economic environment.","announcementLink":"https://www.iraq-businessnews.com/2025/12/02/cbi-on-banking-reform-digital-dinar-dollar-transactions/","crossBorderProject":false,"uid":"9ad629e6-3168-4b70-ac97-1603e89cd5bb"},{"tag":"ethiopia-digital_birr","created":1793388342100,"country":"Ethiopia","countries":[{"centralBank":"National Bank of Ethiopia","name":"Ethiopia","uid":"08e7928d-7234-4689-98c1-455e7598de38"}],"centralBank":"National Bank of Ethiopia","announcementYear":1712620800000,"digitalCurrency":"Digital Birr","status":"Research","type":"Retail","updateRate":[1,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://nbe.gov.et/ndps/","crossBorderProject":false,"uid":"e1783313-067e-4e1c-aaeb-a38dcef91de1"},{"tag":"united_arab_emirates-digital_dirham","created":1793388340526,"country":"United Arab Emirates","countries":[{"centralBank":"United Arab Emirates Central Bank","name":"United Arab Emirates","uid":"9b9979bf-c63d-4cf0-8971-a917a9f7e8d1"}],"centralBank":"United Arab Emirates Central Bank","announcementYear":1554854400000,"digitalCurrency":"Digital Dirham","status":"Pilot","type":"Wholesale","updateRate":[0,0,1,1,0,0,1,0,0,0,0,0],"dlt":"DLT","goals":"It is anticipated that the Digital Dirham as a blockchain based platform with cutting edge capabilities shall substantially enhance financial stability, inclusion, resilience, and combatting financial crime. It will further enable the development of innovative digital products, services, and new business models, while reducing cost and increasing access to international markets.","announcementLink":"https://www.centralbank.ae/media/sbmdgxrw/mansour-bin-zayed-executes-first-direct-digital-payment-and-witnesses-the-launch-of-strategic-initiatives-en.pdf","crossBorderProject":false,"uid":"c1850819-4391-4594-a15e-57816fad080a"},{"tag":"brazil-drex_phase_3","created":1793388342435,"country":"Brazil","countries":[{"centralBank":"Central Bank of Brazil","name":"Brazil","uid":"03107de0-22b7-41ce-8718-e07f4fab68ac"}],"centralBank":"Central Bank of Brazil","announcementYear":1491782400000,"digitalCurrency":"DREX (Phase 3)","status":"Proof of concept","type":"Wholesale","technology":"Banco Inter, \nMicrosoft Brazil, \n7COMm, \nChainlink","technologyName":"Hyperledger Besu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"Supporting tokenized assets and deposits.","announcementLink":"https://valorinternational.globo.com/markets/news/2025/11/05/central-bank-shuts-drex-platform-clearing-path-for-stablecoins.ghtml","crossBorderProject":false,"uid":"20cec2c1-5868-4ab9-a24c-da57e1748d52"},{"tag":"bolivia","created":1793388342463,"country":"Bolivia","countries":[{"centralBank":"Central Bank of Bolivia","name":"Bolivia","uid":"0b45cdfb-c5c9-4645-9fb0-004bf9902eee"}],"centralBank":"Central Bank of Bolivia","announcementYear":1775779200000,"status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bcb.gob.bo/webdocs/10_notas_prensa/CP%2054%20Ruta%20cr%C3%ADtica%20Boliviano%20Digital_OK.pdf","crossBorderProject":false,"uid":"53ea5294-f376-4357-84fd-543d70f0980a"},{"tag":"cross-border-project-project_guardian","created":1793388342706,"country":"Singapore","countries":[{"centralBank":"Monetary Authority of Singapore","name":"Singapore","uid":"10def58c-2a25-4c3f-b22e-1c0ba11ee08e"}],"centralBank":"Monetary Authority of Singapore","announcementYear":1712620800000,"digitalCurrency":"Project Guardian","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"Project Guardian, launched in 2022, convened over 40 financial institutions, industry associations and international policymakers across seven jurisdictions to carry out industry trials on the use of asset tokenization in capital markets. More than 15 industry trials were conducted in six currencies across multiple financial products.","whitepaperLink":"https://www.mas.gov.sg/news/media-releases/2025/mas-announces-successful-live-trial-of-settlement-of-interbank-overnight-lending","crossBorderProject":true,"uid":"2085cb34-eb82-4f6f-a8a3-647452748009"},{"tag":"madagascar-e-ariary","created":1793388341322,"country":"Madagascar","countries":[{"centralBank":"Banky Foiben'i Madagasikara","name":"Madagascar","uid":"fdc4ed35-5004-44bd-b84e-1d439b05d41a"}],"centralBank":"Banky Foiben'i Madagasikara","announcementYear":1618012800000,"digitalCurrency":"e-Ariary","status":"Research","type":"Retail","technology":"eCurrency","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Madagascar is at exploratory stage.","goals":"The main goals are to improve financial inclusion, to reduce costs for cash management and to strenghthen monetary sovereignity.","announcementLink":"https://www.prnewswire.com/news-releases/ecurrency-cbdc-technology-in-madagascar-for-eariary-project-at-banky-foibeni-madagasikara-bfm-302597601.html","crossBorderProject":false,"uid":"758dc860-47eb-4269-9f10-0801a261a41c"},{"tag":"hong_kong-e-hkd","created":1793388341818,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1554854400000,"digitalCurrency":"e-HKD","status":"Pilot","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Hong Kong Monetary Authority (HKMA) has added a CBDC section to the annual Global Fast Track business competition to encourage research into the use cases of digital currencies.","announcementLink":"https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/10/20251028-4/","whitepaperLink":"https://www.hkma.gov.hk/media/eng/doc/key-functions/financial-infrastructure/e-HKD_A_technical_perspective.pdf","crossBorderProject":false,"uid":"4dbf82eb-610a-4ea6-8b66-bafc767012ad"},{"tag":"bolivia-digital_boliviano","created":1793388342455,"country":"Bolivia","countries":[{"centralBank":"Central Bank of Bolivia","name":"Bolivia","uid":"0b45cdfb-c5c9-4645-9fb0-004bf9902eee"}],"centralBank":"Central Bank of Bolivia","announcementYear":1744243200000,"digitalCurrency":"Digital Boliviano","status":"Cancelled","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"Bolivia aims to modernize its monetary system through a sovereign digital currency that enhances financial inclusion, supports payment innovation, and is backed by a proposed reserve fund of crypto assets to ensure stability and trust.","announcementLink":"https://www.bcb.gob.bo/?q=content/boliviano-digital","crossBorderProject":false,"uid":"5e2a9dbf-d23b-4728-92f7-2e3ef3a6f427"},{"tag":"chile-chile_wcbdc","created":1793388342300,"country":"Chile","countries":[{"centralBank":"Central Bank of Chile","name":"Chile","uid":"69a05782-8612-45b9-a5df-e8debe0e12a5"}],"centralBank":"Central Bank of Chile","announcementYear":1744243200000,"digitalCurrency":"Chile WCBDC","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"Transfer of tokenized assets between agents on a blockchain ledger using a wholesale CBDC as the settlement instrument.","announcementLink":"https://www.bcentral.cl/en/web/banco-central/content/-/detalle/chilean-economy-digital-payments-rosanna-costa","crossBorderProject":false,"uid":"7228bb41-8e36-4ded-97a9-6f2fbbb6204e"},{"tag":"ukraine-e-hryvnia","created":1793388340541,"country":"Ukraine","countries":[{"centralBank":"National Bank of Ukraine","name":"Ukraine","uid":"332c0d94-be1e-4d35-8491-30977e38f979"}],"centralBank":"National Bank of Ukraine","announcementYear":1491782400000,"digitalCurrency":"e-hryvnia","status":"Proof of concept","type":"Retail","structure":"Token","technology":"Stellar","technologyName":"Stellar","governanceStructure":"The Ukrainian central bank owns and manages the system.","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The National Bank of Ukraine successfully completed a two-month pilot of a national digital currency, the e-hryvnia, which started in December 2018. However, when presenting its finding in February 2020, the bank indicated it was unsure what the impacts of a digital currency would be. In July 2021, survey results of the possibility of a digital currency have been published.","dlt":"DLT","goals":"The development and implementation of the e-hryvnia can become the next step in the evolution of Ukraine’s payment infrastructure, advance the digitalization of the economy, further promote cashless settlements and reduce their price, improve transparency of settlements, and boost overall confidence in the national currency. ","announcementLink":"https://newsukraine.rbc.ua/news/ukraine-to-test-digital-currency-national-1754556144.html","crossBorderProject":false,"uid":"1a34079b-898b-40bf-92ac-b4d0d9f05957"},{"tag":"pakistan-pakistan_cbdc","created":1793388341131,"country":"Pakistan","countries":[{"centralBank":"State Bank of Pakistan","name":"Pakistan","uid":"2a0068b4-0a5e-48dd-bec5-f09fda6a9e2a"}],"centralBank":"State Bank of Pakistan","announcementYear":1554854400000,"digitalCurrency":"Pakistan CBDC","status":"Research","type":"Retail","updateRate":[0,1,1,0,0,0,0,0,0,0,1,0],"description":"In April 2019 the State Bank of Pakistan declared it was working on concept to issue a digital currency by 2025. The stated goals for issuing a digital currency are to promote financial inclusion, and reduce inefficiency and corruption.\nIn addition to issuing a digital currency to promote economic inclusion, the State Bank of Pakistan launched the National Payment Systems Strategy in November of 2019.","goals":"Goal of issuing a CBDC would be to promote financial inclusion and reduce corruption, and inefficiency.","announcementLink":"https://asia.nikkei.com/business/markets/currencies/pakistan-s-digital-currency-effort-gets-support-from-japan https://www.ledgerinsights.com/pakistan-planning-cbdc-pilot/","crossBorderProject":false,"uid":"7e059b2f-8b7e-4e06-a0ea-c47b5b1071c4"},{"tag":"cross-border-project-morocco_cbdc","created":1793388342835,"country":"Morocco","countries":[{"centralBank":"Bank-Al-Maghrib","name":"Morocco","uid":"0137f75e-81c0-4f91-a1c6-a9e6bbf2b899"}],"centralBank":"Bank-Al-Maghrib","announcementYear":1618012800000,"digitalCurrency":"Morocco CBDC","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://en.yabiladi.com/articles/details/172266/morocco-s-central-bank-explores-digital.html https://www.bkam.ma/Discours/2025/Allocution-de-monsieur-le-wali-de-bank-al-maghrib-lors-du-seminaire-continental-de-l-abca-sur-les-cyber-risques-et-technologies-financieres-innovantes\n\n","crossBorderProject":true,"uid":"40e4e3d2-2bdf-48dc-9954-9a4c932611f0"},{"tag":"georgia-digital_lari","created":1793388341898,"country":"Georgia","countries":[{"centralBank":"National Bank of Georgia","name":"Georgia","uid":"4b4210bd-f213-4a44-999f-c5a3daabe0ce"}],"centralBank":"National Bank of Georgia","announcementYear":1649548800000,"digitalCurrency":"Digital Lari","status":"Proof of concept","type":"Retail","structure":"Token","technology":"Ripple","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"dlt":"DLT","goals":"The introduction of a digital Lari has the capability to produce a considerable impact on current monetary policy and payment systems, while also spurring the growth of financial technologies and innovative financial products and services. Nevertheless, it is crucial to take into account the potential hazards linked with the launch of a digital currency. In order to mitigate these risks, NBG intends to commence a restricted-access live pilot of the Digital Lari.","announcementLink":"https://web.archive.org/web/20250907013306/https://nbg.gov.ge/en/media/news/the-national-bank-of-georgia-publishes-the-2025-edition-of-its-supervisory-strategy","crossBorderProject":false,"uid":"bf57c2e3-740b-4d8e-9aad-a58620dedbea"},{"tag":"chile-chile_cbdc","created":1793388342295,"country":"Chile","countries":[{"centralBank":"Central Bank of Chile","name":"Chile","uid":"69a05782-8612-45b9-a5df-e8debe0e12a5"}],"centralBank":"Central Bank of Chile","announcementYear":1554854400000,"digitalCurrency":"Chile CBDC","status":"Research","type":"Retail","updateRate":[0,1,0,0,0,0,0,0,1,0,0,0],"description":"In his remarks at an OECD Forum on Block in September 2019, Mario Marcel, Governor of the Central Bank of Chile, described the two initiatives that the central bank are pursuing to address fintech challenges: the Technological Observatory and the TechLab. The use of blockchain in central banking as well as CBDC are among the topics under these initiatives. However, he noted that \"CBDC does not necessarily need blockchain.\"\nThe central bank is also exploring the feasibility of blockchain-based bonds, with a proof-of-concept ongoing.","goals":"Improve financial inclusion","announcementLink":"https://www.bcentral.cl/documents/33528/133217/Informe+de+Sistemas+de+Pago+Agosto+2025+%28BCCh%29+-+Claudio+Raddatz%2C+Gerente+de+la+DPF.pdf/1a4162a9-acfd-c4d2-1611-36d514d3bb5f?t=1754405139410","crossBorderProject":false,"uid":"e6cdaf9a-384a-460f-b632-94e3aee0b0f3"},{"tag":"angola-digital_kwanza","created":1793388342659,"country":"Angola","countries":[{"centralBank":"Banco Nacional de Angola","name":"Angola","uid":"bd9158fd-914b-4ba0-832c-22e39b0b2acf"}],"centralBank":"Banco Nacional de Angola","announcementYear":1649548800000,"digitalCurrency":"Digital Kwanza","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bna.ao/#/pt/sistema-de-pagamento/visao-estrategica-spa/detalhe/138","crossBorderProject":false,"uid":"b5218b7c-7722-4634-92ae-689e42930156"},{"tag":"timor-leste-ecentavos","created":1793388340618,"country":"Timor-Leste","countries":[{"centralBank":"Banco Central de Timor-Leste","name":"Timor-Leste","uid":"bccb75ca-1d1a-4b73-a28e-11b60c496972"}],"centralBank":"Banco Central de Timor-Leste","announcementYear":1712620800000,"digitalCurrency":"eCentavos","status":"Research","type":"Retail, Wholesale","technology":"Montran","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"Enhance transparency and traceability of transactions, offer tools to reach underserved populations, and support evolution of the country’s digital economy.","announcementLink":"https://www.montran.com/resources/bctl-partners-with-montran-to-accelerate-national-digital-payments-and-cbdc-strategy/","crossBorderProject":false,"uid":"5fd5b7cf-5b81-4e00-8204-0e752fc6d8e1"},{"tag":"switzerland-helvetia","created":1793388340683,"country":"Switzerland","countries":[{"centralBank":"Swiss National Bank","name":"Switzerland","uid":"f5c9cf5f-3346-4a66-8a17-8dbd86a25ded"}],"centralBank":"Swiss National Bank","announcementYear":1586390400000,"digitalCurrency":"Helvetia","status":"Pilot","type":"Wholesale","structure":"Token","technology":"SIX Digital Exchange","updateRate":[0,0,0,0,0,1,0,0,0,0,1,0],"description":"SNB is engaged in exploring an institutional or wholesale digital currency. Swiss National Bank says more research is needed. Next stage of research due to be completed by Q3 2021.","dlt":"DLT","goals":"SNB looked at using central bank digital currencies (CBDCs) for so-called wholesale transactions between financial institutions to make trading assets on a planned SIX exchange that will specialise in digital versions of conventional assets more efficient.","announcementLink":"https://www.snb.ch/en/publications/communication/press-releases/2025/pre_20250630","crossBorderProject":false,"uid":"bddda58a-86fa-4bc0-9d0d-cc7fb3f477dc"},{"tag":"myanmar-myanmar_cbdc","created":1793388341233,"country":"Myanmar","countries":[{"centralBank":"The Central Bank of Myanmar (CBM)","name":"Myanmar","uid":"7a5bc016-adea-4bad-990f-91da4d4b94d0"}],"centralBank":"The Central Bank of Myanmar (CBM)","announcementYear":1744243200000,"digitalCurrency":"Myanmar CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://myanmar-now.org/en/news/myanmars-junta-controlled-central-bank-announces-introduction-of-digital-currency/","crossBorderProject":false,"uid":"b4cb2518-362c-4821-99a9-b8b76311a0a2"},{"tag":"botswana-botswana_cbdc","created":1793388342443,"country":"Botswana","countries":[{"centralBank":"Bank of Botswana","name":"Botswana","uid":"2d9d1ebd-3825-41c5-8432-502b5b3b7d0a"}],"centralBank":"Bank of Botswana","announcementYear":1649548800000,"digitalCurrency":"Botswana CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bankofbotswana.bw/news/annual-report-2024","crossBorderProject":false,"uid":"138be048-fdd7-43a4-a385-846badaed31a"},{"tag":"liberia-digital_liberian_dollar","created":1793388341341,"country":"Liberia","countries":[{"centralBank":"Central Bank of Liberia","name":"Liberia","uid":"d6a90018-7a54-49ae-9a83-61f39a230155"}],"centralBank":"Central Bank of Liberia","announcementYear":1744243200000,"digitalCurrency":"Digital Liberian Dollar","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"To enhance financial inclusion and modernize the financial system in line with the medium-term goal of the Bank to digitalize the financial system and the economy at large and reduce the need for paper currency.","announcementLink":"https://www.cbl.org.lr/media/features-articles/cbl-releases-strategic-plan-2025-2029","crossBorderProject":false,"uid":"dde0ca1f-08a0-4c09-81ab-043920906b08"},{"tag":"euro_area-digital_euro","created":1793388342035,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1618012800000,"digitalCurrency":"Digital Euro","status":"Research","type":"Retail","updateRate":[0,2,1,1,1,0,1,2,2,1,1,1],"description":"A digital euro would create synergies with private payment solutions and contribute to a more innovative, competitive and resilient European payment system. By serving as a unifying force in Europe's digital economies, a digital euro would also be an emblem of the ongoing process of European integration.","goals":"A digital euro could support the Eurosystem's objectives by providing citizens with access to a safe form of money in the fast-changing digital world.","announcementLink":"https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews250409.en.html ","whitepaperLink":"https://www.europarl.europa.eu/doceo/document/ECON-PR-758954_EN.pdf","crossBorderProject":false,"uid":"2225ca21-8c5e-4815-a10d-557dc9328bc6"},{"tag":"colombia-colombia_cbdc","created":1793388342203,"country":"Colombia","countries":[{"centralBank":"Banco de la República","name":"Colombia","uid":"e069fadc-239a-4b60-94bc-cbc53c138be7"}],"centralBank":"Banco de la República","announcementYear":1681084800000,"digitalCurrency":"Colombia CBDC","status":"Research","type":"Retail, Wholesale","structure":"Token","technology":"Ripple, Peersyst Technology","technologyName":"XRP Ledger","updateRate":[0,1,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"The Central bank of Colombia hopes to enhance the country's high-value payment system by benefit from leveraging distributed ledger technology. A CBDC could also improve speed and ultimately reduce costs.","announcementLink":"https://www.bis.org/publ/othp92.htm","crossBorderProject":false,"uid":"6dc5b495-0ea4-45cc-87a1-ef8bd303079d"},{"tag":"cross-border-project-digital_ruble","created":1793388342737,"country":"Belarus","countries":[{"centralBank":"Central Bank of Belarus","name":"Belarus","uid":"0c6a386a-48d5-4b40-8b43-dc31109cdd02"}],"centralBank":"Central Bank of Belarus","announcementYear":1681084800000,"digitalCurrency":"Digital Ruble","status":"Research","type":"Retail","structure":"Token","technologyName":"Hyperledger Fabric","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"The motivation of the National Bank of Belarus is to keep up with modern trends and approaches, while also preparing for the potential of other countries introducing their own digital currencies. The digital ruble could also offer benefits for cross-border payments, providing citizens and legal entities with high-quality services.","announcementLink":"https://interfax.com/newsroom/top-stories/111022/","crossBorderProject":true,"uid":"42ccb371-8959-41bb-89f6-990bbd5668b5"},{"tag":"serbia-digital_dinar","created":1793388340871,"country":"Serbia","countries":[{"centralBank":"National Bank of Serbia","name":"Serbia","uid":"606a308b-714c-436a-ae81-219e5e81b275"}],"centralBank":"National Bank of Serbia","announcementYear":1744243200000,"digitalCurrency":"Digital Dinar","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.nbs.rs/export/sites/NBS_site/documents-eng/propisi/zakoni/law_nbs.pdf","crossBorderProject":false,"uid":"922f323c-3afc-4163-b1e9-50bfb9d7f408"},{"tag":"papua_new_guinea-papua_new_guinea_cbdc","created":1793388341112,"country":"Papua New Guinea","countries":[{"centralBank":"Central Bank of Papua New Guinea","name":"Papua New Guinea","uid":"89ea09c8-8945-4086-ad1b-d4991fd57008"}],"centralBank":"Central Bank of Papua New Guinea","announcementYear":1712620800000,"digitalCurrency":"Papua New Guinea CBDC","status":"Proof of concept","type":"Retail","technology":"Soramitsu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bankpng.gov.pg/central-bank-digital-currency-cbdc-proof-concept ","crossBorderProject":false,"uid":"a864900d-5edc-41a5-bdb6-e47392cd3438"},{"tag":"namibia-namibia_cbdc","created":1793388341228,"country":"Namibia","countries":[{"centralBank":"Bank of Namibia","name":"Namibia","uid":"c33b3f35-485c-4273-8d4a-fb2f673fc61c"}],"centralBank":"Bank of Namibia","announcementYear":1618012800000,"digitalCurrency":"Namibia CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"According to its 2022-24 Strategic Plan, the Bank of Namibia will be assessing the viability of central bank digital currency (CBDC). This is part of the central bank's plan to automate, modernize and facilitate efficiency utilizing technology. The Bank will also set up an innovation hub to provide a conducive environment for the incubation of new fintech concepts without stifling start-ups and innovators, but doing so in a regulatorily responsible manner.","goals":"The central bank’s strategic direction and the rapid digitisation of the financial system have prompted it to think critically about a potential Namibia Dollar CBDC in the digital payment landscape of the future.","announcementLink":"https://www.imf.org/en/Publications/high-level-summary-technical-assistance-reports/Issues/2025/02/10/Namibia-Retail-Central-Bank-Digital-Currency-Exploration-and-Roadmap-561841 ","whitepaperLink":"https://www.bon.com.na/CMSTemplates/Bon/Files/bon.com.na/8e/8e528962-ae61-4786-b43a-d808d2bf452d.pdf","crossBorderProject":false,"uid":"054805ae-0aa2-4a3c-8fca-3849a3c284b0"},{"tag":"euro_area-trigger_solution","created":1793388341884,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1712620800000,"digitalCurrency":"Trigger Solution","status":"Pilot","type":"Wholesale","technologyName":"TARGET","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"Non-DLT","announcementLink":"https://www.deka.de/site/dekade_deka-gruppe_site/get/params_E-283343169/22365381/Deka%20Digital%20Asset%20Monitor_2024.pdf","crossBorderProject":false,"uid":"efbbaa39-f487-464a-a01d-e73d9f87d8ac"},{"tag":"euro_area-wholesale_digital_euro","created":1793388342068,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1649548800000,"digitalCurrency":"Wholesale Digital Euro","status":"Pilot","type":"Wholesale","structure":"Token","updateRate":[0,0,1,1,0,0,0,1,0,1,0,0],"dlt":"DLT","goals":"Main motivations are to (i) consolidate and further develop the ongoing work of Eurosystem central banks in this area, and (ii) gain insight into how different solutions could facilitate interaction between TARGET real-time gross settlement (RTGS) services and DLT platforms.","announcementLink":"Eurosystem expands initiative to settle DLT-based transactions in central bank money","crossBorderProject":false,"uid":"e94e9299-36c1-4bca-aaae-51d003ad09dc"},{"tag":"philippines-agila","created":1793388341064,"country":"Philippines","countries":[{"centralBank":"The Bangko Sentral ng Pilipinas","name":"Philippines","uid":"9bd78764-90a6-426f-950d-70cf34376e2d"}],"centralBank":"The Bangko Sentral ng Pilipinas","announcementYear":1649548800000,"digitalCurrency":"Agila","status":"Proof of concept","type":"Wholesale","structure":"Token","technologyName":"Hyperledger Fabric","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"non-DLT","announcementLink":"https://www.bsp.gov.ph/SitePages/MediaAndResearch/MediaDisp.aspx?ItemId=7337","whitepaperLink":"https://www.imf.org/en/Publications/CR/Issues/2022/12/15/Philippines-2022-Article-IV-Consultation-Press-Release-and-Staff-Report-526983","crossBorderProject":false,"uid":"98eb9817-1bed-4319-90f7-f35580ec4a41"},{"tag":"new_zealand-new_zealand_cbdc","created":1793388341210,"country":"New Zealand","countries":[{"centralBank":"Reserve Bank of New Zealand","name":"New Zealand","uid":"7a03c82a-2c50-4eef-b772-3dc1025c6ce0"}],"centralBank":"Reserve Bank of New Zealand","announcementYear":1586390400000,"digitalCurrency":"New Zealand CBDC","status":"Proof of concept","type":"Retail","updateRate":[0,0,0,0,0,1,0,0,0,0,1,1],"description":"Reserve Bank of New Zealand has assured subsequent papers will look at the potential for a Central Bank Digital Currency (CBDC) ","goals":"The motivation for a Central Bank Digital Currency is to help address some of the downsides of reducing physical cash use.","announcementLink":"https://www.rbnz.govt.nz/hub/news/2024/12/kiwis-say-cash-and-privacy-are-crucial-in-record-digital-cash-consultation-response","whitepaperLink":"https://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Policy-development/Banks/Future-of-Money/Stewardship-issues-paper.pdf?revision=f65bcfa3-01f2-40db-82e6-fe36685f5880&la=en","crossBorderProject":false,"uid":"2527fa4e-aac5-4387-9e20-aaff37ae1880"},{"tag":"macau-e-mop","created":1793388341329,"country":"Macau","countries":[{"centralBank":"Macau Government","name":"Macau","uid":"98d1dc44-f578-4031-91aa-00adeea2b1aa"}],"centralBank":"Macau Government","announcementYear":1618012800000,"digitalCurrency":"e-MOP","status":"Proof of concept","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"Macau has moved a step closer to the potential introduction of a digital currency as it seeks to better combat money laundering and tax evasion in the world's biggest gambling hub.","announcementLink":"https://www.amcm.gov.mo/zh-hant/news-notice/emop/emop-introduction","crossBorderProject":false,"uid":"cffe46a2-a6dd-424b-b319-9670181dbbe5"},{"tag":"indonesia-project_garuda","created":1793388341657,"country":"Indonesia","countries":[{"centralBank":"Bank Indonesia","name":"Indonesia","uid":"5749c225-8369-4275-972e-992178c68e43"}],"centralBank":"Bank Indonesia","announcementYear":1523318400000,"digitalCurrency":"Project Garuda","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"Corda,\nKaleido","technologyName":"R3,\nHyperledger Besu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","announcementLink":"https://www.bi.go.id/en/publikasi/ruang-media/news-release/Pages/sp_2627024.aspx","crossBorderProject":false,"uid":"806d6d24-91a9-455a-a0d8-4fde0d5ec3e8"},{"tag":"fiji-fiji_cbdc","created":1793388341953,"country":"Fiji","countries":[{"centralBank":"Reserve Bank of Fiji","name":"Fiji","uid":"b9ea6f48-edf5-4ef8-87b7-306f05434bbd"}],"centralBank":"Reserve Bank of Fiji","announcementYear":1649548800000,"digitalCurrency":"Fiji CBDC","status":"Cancelled","type":"Retail","technology":"Soramitsu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.fijitimes.com.fj/rbf-says-no-to-digital-fiji-dollar/","crossBorderProject":false,"uid":"8d286e08-e482-46f2-aed2-2a96cb7db700"},{"tag":"sweden-e-krona","created":1793388340716,"country":"Sweden","countries":[{"centralBank":"Sveriges Riksbank","name":"Sweden","uid":"f00d469c-2f0e-4f33-871f-490d1b999c6c"}],"centralBank":"Sveriges Riksbank","announcementYear":1491782400000,"digitalCurrency":"e-krona","status":"Proof of concept","type":"Retail","structure":"Account/Token","technology":"R3 Corda","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Sweden is one of the lowest cash-usage countries in the world, which has allowed the country to more easily develop the e-Krona. The Swedish Riksbank is running a digital currency pilot from February 2020 to February 2021.","dlt":"DLT","goals":"The Riksbank considers that the e-krona could also strengthen the resilience of the payment market. It would complement the supply of money and payment services from the private sector. The e-krona could ensure the preserverance of several functions of cash in a future where cash is no longer used.","announcementLink":"https://www.riksbank.se/globalassets/media/rapporter/pov/artiklar/engelska/2024/2024_1-swedish-payments-infrastructure-priorities-in-a-rapidly-changing-payment-landscape.pdf","whitepaperLink":"https://www.riksbank.se/globalassets/media/rapporter/e-krona/2023/e-krona-pilot-phase-3.pdf","crossBorderProject":false,"uid":"8b2f9d34-309a-400a-a999-1b1393ba5f26"},{"tag":"iran-digital_rial","created":1793388341632,"country":"Iran","countries":[{"centralBank":"Central Bank of Iran","name":"Iran","uid":"580f98c1-1846-4e67-af3c-bab86c135739"}],"centralBank":"Central Bank of Iran","announcementYear":1523318400000,"digitalCurrency":"Digital Rial ","status":"Pilot","type":"Retail","technologyName":"Hyperledger Fabric","updateRate":[0,0,0,0,0,0,0,0,1,0,0,0],"description":"CBDC is being debated in a special expert committee. After its approval and completion, there will be a step by step implementation strategy and a pilot launch program.","dlt":"DLT","goals":"The main motivation for Iran's CBDC is to modernize its financial system and provide a secure and efficient means of payment. The development of a digital rial would also give the Central Bank of Iran more control over the country's monetary policy and can help to circumvent international sanctions. Additionally, the pilot launch of the CBDC could help to test the feasibility of such a currency and assess its potential impact on the economy before a full-scale implementation.","announcementLink":"https://www.tasnimnews.com/en/news/2024/11/25/3206932/iran-central-bank-governor-announces-imminent-launch-of-digital-rial","crossBorderProject":false,"uid":"e8131419-c3cd-4345-b733-183c37f2fc27"},{"tag":"eswatini-digital_lilangeni","created":1793388342113,"country":"Eswatini","countries":[{"centralBank":"Central Bank of Eswatini","name":"Eswatini","uid":"0efc8494-3ebd-45ac-bf95-58110834bf2d"}],"centralBank":"Central Bank of Eswatini","announcementYear":1554854400000,"digitalCurrency":"digital lilangeni","status":"Research","type":"Retail","technology":"Giesecke+Devrient (G+D)","technologyName":"Filia","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The findings of the first phase of the study indicate that there are at least three potential use cases that motivate further exploration of CBDC to determine whether Eswatini satisfies key prerequisites for launching a CBDC that would benefit the Eswatini economy.","dlt":"Non-DLT","goals":"The CBE is advancing the digital Lilangeni, providing secure access to central bank-issued money for the public, fostering digitalization in the economy and financial sector. It catalyzes innovation and business opportunities within Eswatini while deepening financial inclusion. Anticipating the future role of the CBE as an active regulator and facilitator of digitalization in the CMA and Africa, the digital Lilangeni drives financial integration and technological advancement.","announcementLink":"https://www.centralbank.org.sz/initial-digital-lilangeni-design-paper/","whitepaperLink":"https://www.centralbank.org.sz/wp-content/uploads/2021/04/2024-Fintech-Digital-Lilangeni-Design-Paper.pdf","crossBorderProject":false,"uid":"2f0e302e-1afd-474b-86fb-1631bc504ee2"},{"tag":"cross-border-project","created":1793388342675,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1712620800000,"status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/10/20241028-3/\nhttps://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/10/20241028-4/#1","crossBorderProject":true,"uid":"5ffb992b-0760-4685-894f-ae1c0912d694"},{"tag":"malaysia-e-ringgit","created":1793388341301,"country":"Malaysia","countries":[{"centralBank":"Bank Negara Malaysia","name":"Malaysia","uid":"caa7cf76-b79c-400f-9cc5-460f4246d7e2"}],"centralBank":"Bank Negara Malaysia","announcementYear":1491782400000,"digitalCurrency":"E-ringgit","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Research Paper (2017) and Commitment to Acceleeate (Work (2021)","goals":"Financial Inclusion","announcementLink":"https://www.bnm.gov.my/-/dgjc-spch-cbpc24","crossBorderProject":false,"uid":"0500d3d6-cb14-43a1-ae88-5b0445398245"},{"tag":"canada-digital_loonie","created":1793388342345,"country":"Canada","countries":[{"centralBank":"Bank of Canada","name":"Canada","uid":"4c498a1f-65b8-4923-8c06-aa64aea1aba7"}],"centralBank":"Bank of Canada","announcementYear":1491782400000,"digitalCurrency":"Digital Loonie","status":"Cancelled","type":"Retail","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Bank of Canada currently has no plans to launch a CBDC. Rather, the Bank will build the capacity to issue a general purpose, cash-like CBDC should the need to implement one arise. Because it will take several years to build this capacity, the Bank cannot wait until the need is evident before launching preparatory work. Preparing in advance is critical. At the same time, the Bank is preparing for a range of other possible changes to money and payments in Canada as innovation continues.","goals":"The Bank will consider launching a CBDC if certain scenarios materialize or appear as if they are likely to. A CBDC could become beneficial or even necessary, if 1) the use of banknotes were to continue to decline to a point where Canadians no longer had the option of using them for a wide range of transactions; or 2) one or more alternative digital currencies - likely issued by private sector entities - were to become widely used as an alternative to the Canadian dollar as a method of payment, store of value and unit of account.","announcementLink":"https://www.bankofcanada.ca/digitaldollar/\nhttps://www.cbc.ca/news/business/bakx-boc-cbdc-digital-currency-1.7326887","crossBorderProject":false,"uid":"df00ce5f-c802-4297-a722-1300a36a07e3"},{"tag":"aruba-digital_florin","created":1793388342637,"country":"Aruba","countries":[{"centralBank":"Central Bank van Aruba","name":"Aruba","uid":"d93941ae-bbd3-4eea-83cd-cb09302b039a"}],"centralBank":"Central Bank van Aruba","announcementYear":1712620800000,"digitalCurrency":"Digital Florin","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","announcementLink":"https://www.cbaruba.org/readBlob.do?id=17151","crossBorderProject":false,"uid":"5de15ca5-a88a-4546-980c-d41be11cc189"},{"tag":"republic_of_palau-palau_stablecoin","created":1793388341014,"country":"Republic of Palau","countries":[{"name":"Republic of Palau","uid":"5e775375-6b87-4a57-8211-7a5390bd707a"}],"announcementYear":1618012800000,"digitalCurrency":"Palau Stablecoin","status":"Proof of concept","type":"Others","technology":"Ripple","technologyName":"XRPL","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"** This is a GovCoin and not a CBDC as Palau doesn't have a Central Bank**\nFocus on developing strategies for cross-border payments and a USD-backed digital currency for Palau. This could see the implementation of the world's first government-backed national stablecoin in the first half of 2022 for which Ripple would provide Palau with technical, business, design and policy support","dlt":"DLT","goals":"Surangel Whipps Jr., President of Palau, mentioned since Palau does not have an established central bank and uses USD as its currency, their goal is to have a USD-backed stablecoin, which is really a step toward a CBDC, Surangel Whipps Jr. suggests.","announcementLink":"https://www.palaugov.pw/wp-content/uploads/Palau-National-Payment-System-Phase-2a-Final-Report.pdf","crossBorderProject":false,"uid":"402936be-86f2-4a25-b3a1-170bf6edb34d"},{"tag":"mauritius-digital_rupee","created":1793388341280,"country":"Mauritius","countries":[{"centralBank":"The Bank of Mauritius","name":"Mauritius","uid":"a221c6f5-dc5d-4cfa-9ce4-42821ab2e3f5"}],"centralBank":"The Bank of Mauritius","announcementYear":1681084800000,"digitalCurrency":"Digital Rupee","status":"Proof of concept","type":"Retail","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Bank of Mauritius is still considering CBDC issuance and contemplating a non-interest-bearing retail Digital Rupee.","goals":"Among the motivations of introducing a CBDC are protecting monetary sovereignty and supporting anti-money laundering and countering the financing of terrorism (AML/CFT) efforts.","announcementLink":"https://www.bom.mu/media/media-releases/media-release-bank-mauritius-calls-participation-projects-its-innovation-hub","crossBorderProject":false,"uid":"70a69b15-c53c-4dad-b5f4-a850ce44cb4e"},{"tag":"jamaica-jam-dex","created":1793388341548,"country":"Jamaica","countries":[{"centralBank":"Bank of Jamaica","name":"Jamaica","uid":"12a46c3d-bee1-4dff-8fd8-ef15ec9a60b5"}],"centralBank":"Bank of Jamaica","announcementYear":1681084800000,"digitalCurrency":"JAM-DEX","status":"Launched","type":"Retail","structure":"Account","technology":"eCurrency Mint","technologyName":"DSC","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"In early 2020, Bank of Jamaica expressed its interests in exploring a CBDC.\n\nIn a July 2020 press reslease, Bank of Jamaica invited CBDC providers to submit development and testing plans for CBDC solutions in a controlled environment in its recently established Fintech Regulatory Sandbox.\nIn April 2021, it was announced that a pilot will be conduced from May 2021 until the end of the year.\nThe Bank of Jamaica is reportedly slated to commence national rollout of its central bank digital currency (CBDC) platform during the first quarter of 2022","dlt":"Non-DLT","goals":"Financial inclusion, improved management processes and costs, and commitment to Jamaica's transition to a digital economy were are the primary benefits that Bank of Jamaica anticipated achieving with CBDC.","announcementLink":"https://radiojamaicanewsonline.com/business/ncb-says-use-of-jam-dex-low","whitepaperLink":"https://jis.gov.jm/boj-closer-to-rollout-of-digital-currency/","crossBorderProject":false,"uid":"9c418e14-a7b5-4e1d-b126-2b8fd48cafb1"},{"tag":"indonesia-digital_rupiah","created":1793388341651,"country":"Indonesia","countries":[{"centralBank":"Bank Indonesia","name":"Indonesia","uid":"5749c225-8369-4275-972e-992178c68e43"}],"centralBank":"Bank Indonesia","announcementYear":1523318400000,"digitalCurrency":"Digital Rupiah ","status":"Proof of concept","type":"Wholesale","updateRate":[0,1,0,0,0,0,0,0,0,0,0,0],"description":"According to The Jakarta Post on January 29th, 2018, the assistant to Bank Indonesia executive director for payment systems Susiato Dewi said the digital rupiah( digital currency) would be trialled in 2018 to increase efficiency in the payment system. However, on February 1st, 2018, Onny Widjanarko, the head of transformation for Bank Indonesia, stated that there was no plan for a pilot project or trial. Adding further that Bank of Indonesia was still in the research process and that a study on the possible issuance was intended to be completed in 2020. This was expounded upon further by Bank Indonesia Governor Agus Martowardojo, who, in February 2018, stressed that the digital rupiah would not be issued soon and that the research could take up to two years.","dlt":"DLT","goals":"The central bank says that the CBDC will complement existing banknotes and coins and will develop “national financial systems and the integration of national digital economy and finance.The project complements the preceding Bank Indonesia initiatives to spur national digital transformation agenda i.e., the Blueprint for Indonesian Payment System (IPSB) 2025 and Blueprint for Money Market Development 2025.","announcementLink":"https://www.bi.go.id/id/publikasi/kajian/Pages/Blueprint-Sistem-Pembayaran-Indonesia-2030.aspx","crossBorderProject":false,"uid":"6262e035-60c1-4545-81e4-352de9cff3bb"},{"tag":"hong_kong-project_ensemble","created":1793388341825,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1554854400000,"digitalCurrency":"Project Ensemble","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"dlt":"DLT","goals":"Project Ensemble forms a key part of the HKMA’s broader portfolio of initiatives to facilitate the development of the tokenisation market, comprising e-HKD and collaboration with the BIS Innovation Hub Hong Kong Centre such as mBridge, Dynamo and Genesis.","announcementLink":"https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/08/20240828-3/","crossBorderProject":false,"uid":"0dce741c-c67d-45bc-8ce8-b0ef0c4e9554"},{"tag":"dominican_republic-dominican_republic_cbdc","created":1793388342157,"country":"Dominican Republic","countries":[{"centralBank":"Banco Central de la República Dominicana","name":"Dominican Republic","uid":"93c716ce-9375-4f3e-bdcc-e0fa5ed9c1d5"}],"centralBank":"Banco Central de la República Dominicana","announcementYear":1649548800000,"digitalCurrency":"Dominican Republic CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.imf.org/en/Publications/high-level-summary-technical-assistance-reports/Issues/2024/08/28/Dominican-Republic-Assessing-the-Implications-of-a-retail-Central-Bank-Digital-Currency-554119","crossBorderProject":false,"uid":"2b28928f-3906-4575-a053-d7e942adacd4"},{"tag":"azerbaijan-azerbaijan_cbdc","created":1793388342534,"country":"Azerbaijan","countries":[{"centralBank":"Central Bank of Azerbaijan","name":"Azerbaijan","uid":"89887c8a-4fd5-46e5-be25-d8da7cf9d647"}],"centralBank":"Central Bank of Azerbaijan","announcementYear":1649548800000,"digitalCurrency":"Azerbaijan CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://en.trend.az/business/economy/3929101.html","crossBorderProject":false,"uid":"33b41f51-67ce-400b-9b6a-502cf5e86c6e"},{"tag":"bahamas-sand_dollar","created":1793388342523,"country":"Bahamas","countries":[{"centralBank":"Central Bank of Bahamas","name":"Bahamas","uid":"477211db-1e5d-4b4c-ae0d-22f999322542"}],"centralBank":"Central Bank of Bahamas","announcementYear":1491782400000,"digitalCurrency":"Sand Dollar","status":"Launched","type":"Retail","structure":"Token","technology":"Movmint","technologyName":"NZIA Cortex DLT","updateRate":[0,0,1,0,0,1,0,0,0,0,0,0],"description":"After a successful 2019 pilot on the island conglomeration of Exuma the Sand Dollar was launched in October 2020 on further islands of the Bahamas. The Sand Dollar is the first ever nationwide Central Bank Digital Currency in the world.","dlt":"DLT","goals":"The main goals of the Sand Dollar to modernise and streamline the country's financial system, reduce service delivery costs, increase transactional efficiency and improve financial inclusion.","announcementLink":"https://www.reuters.com/technology/bahamas-regulate-banks-offer-cbank-digital-currency-2024-07-01/","crossBorderProject":false,"uid":"44396490-f86a-4e62-8134-23c44c5a2225"},{"tag":"thailand-thailand_cbdc","created":1793388340640,"country":"Thailand","countries":[{"centralBank":"Bank of Thailand","name":"Thailand","uid":"7c520f9a-424a-4825-9db2-98464722f37c"}],"centralBank":"Bank of Thailand","announcementYear":1586390400000,"digitalCurrency":"Thailand CBDC","status":"Proof of concept","type":"Retail","structure":"Token","technology":"Giesecke+Devrient (G+D)","technologyName":"Filia","updateRate":[0,0,1,0,0,1,0,0,0,1,1,0],"dlt":"Non-DLT","goals":"The BOT's main objective in exploring Retail CBDC is aimed at providing citizens with access to more convenient and secure financial services. In addition, the development of a Retail CBDC will support a technology-led future that is efficient and cost-effective, and contribute to the development of more diverse and innovative financial services.","announcementLink":"https://www.bot.or.th/en/news-and-media/news/news-20240611-2.html","crossBorderProject":false,"uid":"ff173d7f-95fe-4b98-8eda-f9e4e101a5a5"},{"tag":"qatar-qatar_wholesale_cbdc","created":1793388341024,"country":"Qatar","countries":[{"centralBank":"Qatar Central Bank","name":"Qatar","uid":"db4b3899-0586-4cd2-93aa-eed58514af3a"}],"centralBank":"Qatar Central Bank","announcementYear":1712620800000,"digitalCurrency":"Qatar Wholesale CBDC","status":"Proof of concept","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://x.com/QCBQATAR/status/1797153640978763871","crossBorderProject":false,"uid":"eb64c5e1-3324-4a24-95c2-13382da56f21"},{"tag":"euro_area-project_venus","created":1793388341336,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1649548800000,"digitalCurrency":"Project Venus ","status":"Pilot","type":"Wholesale","technologyName":"DL3S","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"The Banque de France and the Banque centrale du Luxembourg are proposing one possible cross-border answer to the growing interest from the market to perform digital native securities settlements with CBDC.","announcementLink":"https://www.banque-france.fr/en/press-release/banque-de-france-and-banque-centrale-du-luxembourg-publish-results-project-venus","crossBorderProject":false,"uid":"934a941d-9c51-4462-89a5-fea5fcc9461a"},{"tag":"euro_area-spanish_wholesale_cbdc","created":1793388340737,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1649548800000,"digitalCurrency":"Spanish Wholesale CBDC","status":"Research","type":"Wholesale","structure":"Token","technology":"Adhara Blockchain","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"The project focuses on (i) simulating wholesale CBDC funds transfers; (ii) testing the integration of a wholesale CBDC in the settlement of financial assets; and, arising from the above, (iii) analyzing possible pros and cons of a wholesale CBDC versus traditional processes, procedures and infrastructures.","announcementLink":"https://boe.gob.es/boe/dias/2024/05/06/pdfs/BOE-A-2024-9112.pdf","crossBorderProject":false,"uid":"64e30718-e6bc-4e91-a5e3-dfabff50ad3e"},{"tag":"brazil-drex_phase_2","created":1793388342404,"country":"Brazil","countries":[{"centralBank":"Central Bank of Brazil","name":"Brazil","uid":"03107de0-22b7-41ce-8718-e07f4fab68ac"}],"centralBank":"Central Bank of Brazil","announcementYear":1491782400000,"digitalCurrency":"DREX (Phase 2)","status":"Proof of concept","type":"Retail","structure":"Token","technology":"Bradesco\nNubank\nBanco Inter, Microsoft e 7Comm\nSantander, Santander Asset Management, F1RST e Toro CTVM\nItaú Unibanco\nBasa, TecBan, Pinbank, Dinamo, Cresol, Banco Arbi, Ntokens, Clear Sale, Foxbit, CPqD, AWS e Parfin\nSFCoop: Ailos, Cresol, Sicoob, Sicredi e Unicred\nXP, Visa\nBanco BV\nBanco BTG\nBanco ABC, Hamsa, LoopiPay\nBanco B3, B3 e B3 Digitas\nABBC: bancos Brasileiro de Crédito, Ribeirão Preto, Original, ABC, BS2 e Seguro; ABBC, BBChain, Microsoft e BIP\nBanco do Brasil ","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Central Bank of Brazil (BCB) plans to start a pilot program of a digital currency next year.","dlt":"DLT","goals":"The central bank explores a CBDC to analyze potential benefits for financial inclusion, stability, and the conduct of monetary and economic policies. ","announcementLink":"https://normativos.bcb.gov.br/Votos/BCB/202466/Voto_do_BC_66_2024.pdf","whitepaperLink":"https://www.bcb.gov.br/detalhenoticia/17632/nota","crossBorderProject":false,"uid":"9ef82999-3190-47ac-b538-42203e7eb3f7"},{"tag":"mauritania-mauritania_cbdc","created":1793388341286,"country":"Mauritania","countries":[{"centralBank":"Central Bank of Mauritania","name":"Mauritania","uid":"04f377da-91f9-48dc-969a-319ee5ba6fd9"}],"centralBank":"Central Bank of Mauritania","announcementYear":1681084800000,"digitalCurrency":"Mauritania CBDC","status":"Research","type":"Retail","technology":"Giesecke+Devrient (G+D)","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The central bank aims to preserve the stability of the Mauritanian financial system and the health of the economy.","announcementLink":"https://www.gi-de.com/en/group/press/press-releases/the-central-bank-of-mauritania-commissions-g-d-to-design-a-digital-currency","crossBorderProject":false,"uid":"58834028-e65c-41a8-abd4-2d6b4801c6cb"},{"tag":"euro_area-tips_hash-link","created":1793388341554,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1712620800000,"digitalCurrency":"TIPS Hash-Link","status":"Pilot","type":"Wholesale","technologyName":"TIPS","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"Non-DLT","crossBorderProject":false,"uid":"265db155-6842-41ac-b80e-ee237a582abf"},{"tag":"hong_kong-project_aurum","created":1793388341836,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1649548800000,"digitalCurrency":"Project Aurum","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,1],"announcementLink":"https://www.bis.org/about/bisih/topics/cbdc/aurum2_0.htm","crossBorderProject":false,"uid":"eefe6d75-0de5-4693-a07c-e88da74fbe3c"},{"tag":"sri_lanka-sri_lanka_cbdc","created":1793388340727,"country":"Sri Lanka","countries":[{"centralBank":"Central Bank of Sri Lanka ","name":"Sri Lanka","uid":"e620f9e3-ad36-4f03-98fa-4331e05d23ce"}],"centralBank":"Central Bank of Sri Lanka ","announcementYear":1649548800000,"digitalCurrency":"Sri Lanka CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.ledgerinsights.com/sri-lanka-plans-proof-of-concept-for-cbdc/","crossBorderProject":false,"uid":"e38e6134-d793-438f-8daa-7ce4f621b6d6"},{"tag":"egypt-egypt_cbdc","created":1793388342120,"country":"Egypt","countries":[{"centralBank":"Central Bank of Egypt (CBE)","name":"Egypt","uid":"8067934a-2a94-4645-8c65-b7dd40de0c64"}],"centralBank":"Central Bank of Egypt (CBE)","announcementYear":1523318400000,"digitalCurrency":"Egypt CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,1,0,0,0,0,0,1,1],"description":"The Central Bank of Egypt (CBE) announced that it exploring the value of a CBDC in December 2018 and announced it will issue a digital pound (e-pound) by 2030.","goals":"The Central Bank of Egypt (CBE) says that a CBDC can enhance the competitiveness of the national currency and increase the efficiency of monetary policy, and exploit opportunities provided by digital transformation to further develop the Egyptian financial sector.","announcementLink":"https://www.egyptindependent.com/egypt-aims-to-launch-digital-currency-by-2030/","crossBorderProject":false,"uid":"87ee0694-0cc3-4360-93d3-1d61768d9d73"},{"tag":"taiwan-taiwan_cbdc","created":1793388340659,"country":"Taiwan","countries":[{"centralBank":"The Central Bank of Taiwan","name":"Taiwan","uid":"1d8617d3-6765-459e-9f0a-ba9281c2870b"}],"centralBank":"The Central Bank of Taiwan","announcementYear":1586390400000,"digitalCurrency":"Taiwan CBDC","status":"Research","type":"Retail, Wholesale","updateRate":[0,1,0,0,0,1,0,0,1,0,0,0],"description":"Taiwan: In a press release in June 2020 following the Board of Governors meeting, the Central Bank of Taiwan noted that the focus for CBDC has shifted from wholesale to retail applications recently in many countries and that it plans to approach CBDC research in phases: starting with retail CBDC in the first half of 2020 and moving to wholesale CBDC in the third quarter of 2020.\n\nThe Central Bank of Taiwan has established a working group, in partnership with academic institutions, to explore the technical viability of a DLT-based retail CBDC. It also plans to work with private partners to research a two-tiered wholesale CBDC.","announcementLink":"https://www.cbc.gov.tw/tw/cp-302-164924-0423d-1.html","crossBorderProject":false,"uid":"c30020a8-6372-45fb-b65f-7bfe4ea794e6"},{"tag":"armenia-armenia_cbdc","created":1793388342649,"country":"Armenia","countries":[{"centralBank":"Central Bank of Armenia","name":"Armenia","uid":"1206075a-506a-4932-835a-d5798bbe1211"}],"centralBank":"Central Bank of Armenia","announcementYear":1681084800000,"digitalCurrency":"Armenia CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"http://www.armbanks.am/en/2023/12/18/152318/","crossBorderProject":false,"uid":"bc51d51a-823b-4e5d-b183-44d05b1cc05f"},{"tag":"south_korea-digital_won","created":1793388340761,"country":"South Korea","countries":[{"centralBank":"Bank of Korea","name":"South Korea","uid":"6fc916ed-18f9-4fdc-a2be-13df67670a3f"}],"centralBank":"Bank of Korea","announcementYear":1586390400000,"digitalCurrency":"Digital Won","status":"Cancelled","type":"Retail","technology":"GroundX,\nSamsung Electronics, \nKPMG, Kakao Bank, \nKakao Pay, \nS-core (digital transformation consultants), \nKona I (prepaid cards), \nDream Security (authentication), \nZkrypto (zero knowledge proofs), \nOnTher (layer 2 scaling) \nand NGLE (software testing)","updateRate":[0,1,0,0,1,2,1,1,1,1,1,0],"description":"The Bank of Korea completed the second phase of its retail central bank digital currency (CBDC) simulations in late June and today shared the results. While it was happy with some aspects of its digital won simulations, such as using CBDC for offline payments and cross border remittances, the central bank highlighted performance issues with the blockchain technology. \n","dlt":"DLT","announcementLink":"https://it.chosun.com/site/data/html_dir/2023/07/31/2023073101135.html","crossBorderProject":false,"uid":"8f9bad07-b1c1-4f4d-abfb-2df4ebd41ce5"},{"tag":"south_korea-south_korea_wholesale_cbdc","created":1793388340769,"country":"South Korea","countries":[{"centralBank":"Bank of Korea","name":"South Korea","uid":"6fc916ed-18f9-4fdc-a2be-13df67670a3f"}],"centralBank":"Bank of Korea","announcementYear":1681084800000,"digitalCurrency":"South Korea Wholesale CBDC","status":"Research","type":"Wholesale","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","announcementLink":"https://www.ledgerinsights.com/korea-exchange-bank-of-korea-dlt-cbdc-carbon-credit/\nhttp://www.bok.or.kr/portal/bbs/P0000559/view.do?menuNo=200690&nttId=10080261&pageIndex=1","crossBorderProject":false,"uid":"2d7b080e-0eae-416f-82e1-ab3adf598c96"},{"tag":"solomon_islands-bokolo_cash","created":1793388340859,"country":"Solomon Islands","countries":[{"centralBank":"Central Bank of Solomon Islands","name":"Solomon Islands","uid":"96f32d3e-6d28-40cd-b778-fd5bda5745ca"}],"centralBank":"Central Bank of Solomon Islands","announcementYear":1681084800000,"digitalCurrency":"Bokolo Cash","status":"Proof of concept","type":"Retail","structure":"Token","technology":"Soramitsu","technologyName":"Hyperledger Iroha 2","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","announcementLink":"https://www.finextra.com/pressarticle/98982/solomon-islands-cbdc-poc-goes-live?utm_source=pocket_reader","crossBorderProject":false,"uid":"113db2d9-80d4-463d-b6c4-ea8673d21e0f"},{"tag":"maldives-maldives_cbdc","created":1793388341291,"country":"Maldives","countries":[{"centralBank":"Maldives Monetary Authority","name":"Maldives","uid":"07cbd752-ab3e-47a5-abdf-04d903175dc1"}],"centralBank":"Maldives Monetary Authority","announcementYear":1681084800000,"digitalCurrency":"Maldives CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"announcementLink":"https://www.unescap.org/kp/2023/global-toolkit-regulatory-sandbox-central-bank-digital-currency-and-fintech","crossBorderProject":false,"uid":"426becb5-718a-4168-a2aa-e7f54863e58c"},{"tag":"mongolia-mongolia_cbdc","created":1793388341252,"country":"Mongolia","countries":[{"centralBank":"Bank of Mongolia","name":"Mongolia","uid":"71c0927e-bebf-4468-b3ed-e4f51388ec33"}],"centralBank":"Bank of Mongolia","announcementYear":1649548800000,"digitalCurrency":"Mongolia CBDC ","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.mongolbank.mn/en/r/5515","crossBorderProject":false,"uid":"805d115b-bd6c-484d-a5ab-a342d4fd6278"},{"tag":"bhutan-digital_ngultrum","created":1793388342470,"country":"Bhutan","countries":[{"centralBank":"Royal Monetary Authority","name":"Bhutan","uid":"026370aa-50fa-4e21-b3c4-eb354ccfc216"}],"centralBank":"Royal Monetary Authority","announcementYear":1618012800000,"digitalCurrency":"digital Ngultrum","status":"Research","type":"Retail, Wholesale","technology":"Ripple","technologyName":"XRP Ledger","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Bhutan collaborated with Ripple to test the potential of CBDCs to provide an alternative and sustainable digital payment instrument.","goals":"To accelerate its mission to increase financial inclusion in Bhutan to 85% by 2023.","announcementLink":"https://www.linkedin.com/posts/grossjonas_cbdc-retail-wholesale-activity-7117043378214559746-imr-","crossBorderProject":false,"uid":"72823e4f-ee43-43f2-bf1b-e5dca6344fd9"},{"tag":"argentina-digital_peso","created":1793388342644,"country":"Argentina","countries":[{"centralBank":"Banco Central de la República Argentina","name":"Argentina","uid":"46993f07-4265-4554-823e-f20f4a414787"}],"centralBank":"Banco Central de la República Argentina","announcementYear":1649548800000,"digitalCurrency":"Digital Peso","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://cointelegraph.com/news/central-bank-argentina-present-digital-peso-bill-soon-as-possible","crossBorderProject":false,"uid":"9d9f8631-1846-4a33-b6f1-683ad68cadce"},{"tag":"saudi_arabia-saudi_arabia_wholesale_cbdc","created":1793388340882,"country":"Saudi Arabia","countries":[{"centralBank":"Saudi Arabian Monetary Authority","name":"Saudi Arabia","uid":"7209d122-ad5e-4e54-ac29-c71c5e731c44"}],"centralBank":"Saudi Arabian Monetary Authority","announcementYear":1554854400000,"digitalCurrency":"Saudi Arabia Wholesale CBDC","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,1,0,0,0,0,0,1,0],"goals":"The main goal of this exploration is to understand the potential benefits and risks of implementing CBDC.","announcementLink":"https://www.imf.org/en/Publications/CR/Issues/2023/09/05/Saudi-Arabia-2023-Article-IV-Consultation-Press-Release-Staff-Report-and-Informational-Annex-538823","crossBorderProject":false,"uid":"9cec57df-29d5-425d-b7ee-c204cd63012e"},{"tag":"israel-sela","created":1793388341562,"country":"Israel","countries":[{"centralBank":"Bank of Israel","name":"Israel","uid":"2aa468d3-634d-4125-b828-d6267396115d"}],"centralBank":"Bank of Israel","announcementYear":1681084800000,"digitalCurrency":"Sela","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bis.org/about/bisih/topics/cbdc/sela.htm","crossBorderProject":false,"uid":"d1923cb1-8ccf-4015-b6a9-6fe7e1705e36"},{"tag":"hong_kong-sela","created":1793388341832,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1649548800000,"digitalCurrency":"Sela","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bis.org/about/bisih/topics/cbdc/sela.htm","crossBorderProject":false,"uid":"7bf188f0-d13d-425b-8d41-6f00a3cde889"},{"tag":"economic_and_monetary_community_of_central_africa_emcca-emcca_cbdc","created":1793388342306,"country":"Economic and Monetary Community of Central Africa (EMCCA)","countries":[{"centralBank":"Banque des États de l'Afrique Centrale","name":"Economic and Monetary Community of Central Africa (EMCCA)","uid":"d77dc262-c862-4c02-9a51-81110da72334"}],"centralBank":"Banque des États de l'Afrique Centrale","announcementYear":1649548800000,"digitalCurrency":"EMCCA CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.droitmediasfinance.com/index.php/actualites/droit-tech-fintech/605-cemac-la-beac-lance-la-reflexion-sur-la-creation-dune-monnaie-numerique-de-banque-centrale","crossBorderProject":false,"uid":"75a793ed-ada8-455c-aa18-cf4023aa66ed"},{"tag":"cross-border-project-swift_connector","created":1793388342886,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1649548800000,"digitalCurrency":"SWIFT Connector","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.swift.com/news-events/press-releases/swift-advances-cbdc-innovation-interlinking-solution-begins-beta-testing","crossBorderProject":true,"uid":"7be01056-f06e-4bf2-acd8-5219098dd9d7"},{"tag":"cross-border-project-project_mariana","created":1793388342900,"country":"Singapore, Switzerland, Euro Area","countries":[{"centralBank":"Monetary Authority of Singapore","name":"Singapore","uid":"10def58c-2a25-4c3f-b22e-1c0ba11ee08e"},{"centralBank":"Swiss National Bank","name":"Switzerland","uid":"f5c9cf5f-3346-4a66-8a17-8dbd86a25ded"},{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"Monetary Authority of Singapore, Swiss National Bank, European Central Bank","announcementYear":1649548800000,"digitalCurrency":"Project Mariana","status":"Research","type":"Wholesale","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,1,0,0,0],"dlt":"DLT","announcementLink":"https://www.bis.org/publ/othp75.htm","whitepaperLink":"https://www.bis.org/publ/othp75.pdf","crossBorderProject":true,"uid":"252408f8-ef96-42f7-8023-3f72343e19f0"},{"tag":"cross-border-project-digital_tenge","created":1793388342930,"country":"Kazakhstan","countries":[{"centralBank":"National Bank of Kazakhstan","name":"Kazakhstan","uid":"d24398e3-886a-43f4-834e-afbd9058dfd2"}],"centralBank":"National Bank of Kazakhstan","announcementYear":1586390400000,"digitalCurrency":"Digital Tenge","status":"Proof of concept","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT ","goals":"National Bank of Kazakhstan perceives a multitude of possibilities arising from the harmonization of conventional and decentralized finance, as well as the interplay between regulators and the market. It aims to foster a sound and equitable regulatory atmosphere for digital assets and cryptocurrencies that guarantees their innovative capacity while safeguarding consumer rights and maintaining macro-financial stability, as the main objectives of the Digital Tenge project is to test the concept’s feasibility through experimental confirmation of the retail platform’s technological viability based on distributed ledger technology, as well as to determine the main parameters of the CBDC Model for Kazakhstan in cooperation with all stakeholders.","announcementLink":"https://www.swift.com/news-events/press-releases/swift-advances-cbdc-innovation-interlinking-solution-begins-beta-testing","crossBorderProject":true,"uid":"76ed3702-2e73-461b-a85e-b7e860c4f6f7"},{"tag":"united_states_of_america-project_hamilton","created":1793388340464,"country":"United States of America","countries":[{"centralBank":"US Federal Reserve","name":"United States of America","uid":"55c10503-130b-489d-915a-b71aff37fce5"}],"centralBank":"US Federal Reserve","announcementYear":1586390400000,"digitalCurrency":"Project Hamilton","status":"Proof of concept","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"In August 2020, the Fed published some findings of its \"FooWire\" trial, which was developed using the Hyperledger Fabric blockchain software. According to the central bank's researchers, that trial \"highlighted the potential of DLT for certain payment uses, the quick speed with which a system could be implemented, the potential simplicity of smart contracts, and the range of functionality offered by such platforms. Additionally, the Federal Reserve Bank of Boston announced it will work with researchers from MIT's Digital Currency Initiative (DCI) on a \"multi-year collaboration\" to build and test a \"hypothetical\" open-source central bank digital currency platform. In a speech announcing this project, Fed governor Lael Brainard stressed that the Fed has still yet to make a formal decision on whether to official pursue a digital currency launch.","announcementLink":"https://dci.mit.edu/parsec","crossBorderProject":false,"uid":"4082c06f-acb0-4b39-8ebe-1c3ca37236fe"},{"tag":"honduras-honduras_cbdc","created":1793388341844,"country":"Honduras","countries":[{"centralBank":"Central Bank of Honduras","name":"Honduras","uid":"6cd3b295-7e45-44e6-ba02-ec185dc290ca"}],"centralBank":"Central Bank of Honduras","announcementYear":1618012800000,"digitalCurrency":"Honduras CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,1,0,0,0,0,0,0],"announcementLink":"https://www.bch.hn/modernizacion/el-futuro-del-dinero/resumen","crossBorderProject":false,"uid":"dca205b8-0b02-49da-9845-98124694d57f"},{"tag":"euro_area-french_wholesale_cbdc","created":1793388341936,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1618012800000,"digitalCurrency":"French Wholesale CBDC","status":"Pilot","type":"Wholesale","structure":"Token ","technology":"IBM","technologyName":"DL3S ","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"This was the third experiment conducted as part of the CBDC for interbank settlement work program launched by Banque de France in mid-2020","dlt":"DLT ","goals":"The objective of the experiment is to issue cross-border payments in a test environment to study the interoperability between different distributed ledger technologies (DLTs) and existing payment systems. These payments will be made in simulated CBDC issued by the participating central banks.","announcementLink":"https://www.gbm.hsbc.com/en-gb/feed/innovation-and-transformation/the-interoperability-of-cbdcs-across-networks-and-currencies","whitepaperLink":"https://www.banque-france.fr/sites/default/files/medias/documents/communique-de-presse_2023-07-21_mnbc_en.pdf","crossBorderProject":false,"uid":"63bdf9ac-9617-4c25-8404-b3a64bd0f12b"},{"tag":"philippines-philippines_cbdc","created":1793388341039,"country":"Philippines","countries":[{"centralBank":"The Bangko Sentral ng Pilipinas","name":"Philippines","uid":"9bd78764-90a6-426f-950d-70cf34376e2d"}],"centralBank":"The Bangko Sentral ng Pilipinas","announcementYear":1618012800000,"digitalCurrency":"Philippines CBDC","status":"Cancelled","type":"Retail","technology":"Soramitsu","updateRate":[0,1,0,0,0,0,0,0,0,0,0,0],"description":"BSP eyeing central bank digital currency use in 'near future'","announcementLink":"https://www.bsp.gov.ph/SitePages/MediaAndResearch/SpeechesDisp.aspx?ItemId=1034","crossBorderProject":false,"uid":"e3229bc6-7946-43a8-9dc4-d10bea06ad25"},{"tag":"kenya-kenya_cbdc","created":1793388341391,"country":"Kenya","countries":[{"centralBank":"Central Bank of Kenya","name":"Kenya","uid":"84106298-6a11-4327-8549-80049ae1fe9f"}],"centralBank":"Central Bank of Kenya","announcementYear":1523318400000,"digitalCurrency":"Kenya CBDC","status":"Cancelled","type":"Retail","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"description":"The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy.","goals":"The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy, widen financial inclusion and financial integrity. They see no immediate need for a launch but will continue monitoring the CBCD landscape.","announcementLink":"https://www.centralbank.go.ke/uploads/press_releases/103592893_Press%20Release%20-%20Issuance%20of%20Discussion%20Paper%20on%20Central%20Bank%20Digital%20Currency%20-%20Comments%20from%20the%20Public.pdf","whitepaperLink":"https://centralbank.go.ke/uploads/discussion_papers/CentralBankDigitalCurrency.pdf","crossBorderProject":false,"uid":"fef99e35-7816-4355-b8cb-6afffabf8aa8"},{"tag":"hungary-hungary_cbdc","created":1793388341789,"country":"Hungary","countries":[{"centralBank":"Central Bank of Hungary (MNB)","name":"Hungary","uid":"b8d65878-cc9a-4cb9-a2de-9da60ee4338f"}],"centralBank":"Central Bank of Hungary (MNB)","announcementYear":1586390400000,"digitalCurrency":"Hungary CBDC","status":"Pilot","type":"Retail","governanceStructure":"MNB’s new blockchain technology-based platform is accessible via a mobile application, which provides fun and professional content on the Money Museum, and also offering a function as a digital coin register.\n It provides a dedicated, private blockchain-based, NFT (Non-Fungible Token) issuance platform for further technology experimenting.","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Central Bank of Hungary (MNB) published a book on CBDC covering monetary policy, financial stability, and cash flow impacts ","goals":"While the MNB sees no urgent need to launch a retail CBDC yet, it plans on exploring further possible use cases. One key incentive would be to foster financial inclusion since 13% of Hungarian adults don't have bank accounts.","announcementLink":"https://www.mnb.hu/en/pressroom/press-releases/press-releases-2023/conscious-money-management-digitally-and-playfully-the-mnb-student-safe-mobile-application-has-been-renewed","whitepaperLink":"https://www.mnb.hu/en/publications/mnb-book-series/at-the-dawn-of-a-new-age-money-in-the-21st-century","crossBorderProject":false,"uid":"b733d553-d3d1-4a74-9c4c-94daf6292a4e"},{"tag":"united_states_of_america-wholesale_digital_dollar","created":1793388340492,"country":"United States of America","countries":[{"centralBank":"US Federal Reserve","name":"United States of America","uid":"55c10503-130b-489d-915a-b71aff37fce5"}],"centralBank":"US Federal Reserve","announcementYear":1681084800000,"digitalCurrency":"Wholesale Digital Dollar","status":"Research","type":"Wholesale","updateRate":[0,1,1,1,1,0,1,1,1,1,1,1],"dlt":"DLT","announcementLink":"https://www.federalreserve.gov/econres/notes/feds-notes/examining-cbdc-and-wholesale-payments-20230908.html","crossBorderProject":false,"uid":"3b8ce28f-871f-40e7-9286-c4446bbb7b1f"},{"tag":"cross-border-project-project_cedar_phase_ii_x_project_ubin","created":1793388342818,"country":"Singapore, United States of America","countries":[{"centralBank":"Monetary Authority of Singapore","name":"Singapore","uid":"10def58c-2a25-4c3f-b22e-1c0ba11ee08e"},{"centralBank":"US Federal Reserve","name":"United States of America","uid":"55c10503-130b-489d-915a-b71aff37fce5"}],"centralBank":"Monetary Authority of Singapore, US Federal Reserve","announcementYear":1649548800000,"digitalCurrency":"Project Cedar Phase II x Project Ubin+","status":"Proof of concept","type":"Wholesale","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","goals":"Project Cedar Phase II x Ubin+ will enhance designs for atomic settlement of cross-border cross-currency transactions, leveraging wCBDCs (wholesale CBDC)  as a settlement asset. The effort, which entails establishing connectivity across multiple heterogeneous simulated currency ledgers, aims to significantly reduce settlement risk, a key pain point in cross-border cross-currency transactions.\n","announcementLink":"https://www.bis.org/about/bisih/locations/nyic.htm \nhttps://twitter.com/joshualipsky/status/1570729430817075203 \nhttps://www.atlantafed.org/rprf/events/talk-about-payments/2022/06/09/all-about-project-hamilton/transcript.aspx ","whitepaperLink":"https://www.newyorkfed.org/medialibrary/media/nyic/project-cedar-phase-two-ubin-report.pdf","crossBorderProject":true,"uid":"efa689ad-5ebd-453f-803b-0197207b5390"},{"tag":"montenegro-montenegro_cbdc","created":1793388341245,"country":"Montenegro","countries":[{"centralBank":"Central Bank of Montenegro","name":"Montenegro","uid":"7f0885fb-c514-42ee-82ec-75980816b1a8"}],"centralBank":"Central Bank of Montenegro","announcementYear":1681084800000,"digitalCurrency":"Montenegro CBDC","status":"Research","type":"Retail","structure":"Token","technology":"Ripple","technologyName":"XRP Ledger","updateRate":[0,0,0,1,0,0,0,0,0,0,0,0],"description":"We remark that there is controversy on the definition of this project. We have decided to categorize this initiative as a retail CBDC, as it is issued by the central bank and denominated in the country’s unit of account.","dlt":"DLT","goals":"The goal is to analyze the advantages and risks that CBDCs or national stablecoins could pose concerning electronic means of payment availability, security, efficiency, compliance with regulations, and most importantly, the protection of end users’ rights and privacy.","announcementLink":"https://www.coindesk.com/policy/2023/04/11/montenegros-central-bank-to-develop-cbdc-pilot-with-ripple/","crossBorderProject":false,"uid":"a92d6907-d212-4436-ae84-405094b554dc"},{"tag":"kuwait-kuwait_cbdc","created":1793388341379,"country":"Kuwait","countries":[{"centralBank":"Central Bank of Kuwait","name":"Kuwait","uid":"1f24ee68-c904-4d08-91c4-d03ea1dd1d35"}],"centralBank":"Central Bank of Kuwait","announcementYear":1554854400000,"digitalCurrency":"Kuwait CBDC","status":"Research","type":"Retail","technology":"AkCess","technologyName":"Hyperledger Fabric","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The bank is researching CBDC and stated that any such issuance would need to be accomplished in a way that preserves monetary and financial stability, while maintaining confidence in Kuwait’s payment system.","announcementLink":"https://www.kfh.com/dam/jcr:fcf731eb-b3d0-4a71-8ef6-80c54448b4c6/Kuwait-Banking-Report-2019.pdf","crossBorderProject":false,"uid":"88501bab-4ed7-460f-bf01-3380e737859c"},{"tag":"denmark-e-kroner","created":1793388342164,"country":"Denmark","countries":[{"centralBank":"Nationalbanken","name":"Denmark","uid":"1c04412f-ad77-477e-85be-bbf2d766e70e"}],"centralBank":"Nationalbanken","announcementYear":1491782400000,"digitalCurrency":"E-kroner","status":"Cancelled","type":"Retail","structure":"Account/Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Central Bank of Denmark explored the viability for a national digital currency (E-kroner) in 2016 and 2017. The critical question, Central Bank Governor Lars Rohde noted, was whether the CBDC \"should be anonymous or not.\"\n\nIn its December 2017 report, the Danish Central Bank concluded that \"the potential benefits of introducing central bank digital currency for households and businesses in Denmark would not match the considerable challenges which this introduction would present.\" Citing Denmark's existing secure and effective payment infrastructure, the report noted that the efficiency gains from a CBDC does not outweigh the risks of financial instability that a CBDC can lead to the risk of systemic bank runs.","goals":"The Nationalbanken confirms that there is no need for a retail CBDC in Denmark as commercial banks continue to offer their services. The decline of cash usage does not lead to a substantial risk of financial stability.","announcementLink":"https://www.nationalbanken.dk/en/pressroom/speeches/Pages/2023/Governor-Signe-Krogstrups-speech-at-Danmarks-Nationalbanks-conference-New-types-of-digital-money.aspx","crossBorderProject":false,"uid":"afbc13a4-748f-449e-93d0-85e0b06ca433"},{"tag":"curacao-curacao_cbdc","created":1793388342184,"country":"Curacao","countries":[{"centralBank":"Central Bank of Curacao and Sint Maarten","name":"Curacao","uid":"5e5a9ffe-ec3c-499d-86b9-78fa45a89c3b"}],"centralBank":"Central Bank of Curacao and Sint Maarten","announcementYear":1523318400000,"digitalCurrency":"Curacao CBDC","status":"Cancelled","type":"Retail","structure":"Token","technology":"Bitt Inc.","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"One of the reasons to consider a digital Caribbean guilder is the potential positive impact on financial inclusion, besides increasing payment efficiency and fostering innovation.","announcementLink":"https://www.linkedin.com/pulse/could-digital-caribbean-guilder-improve/","crossBorderProject":false,"uid":"d64f27d0-acfa-4c2e-b067-5dc7605354e3"},{"tag":"united_arab_emirates-united_arab_emirates_cbdc","created":1793388340512,"country":"United Arab Emirates","countries":[{"centralBank":"United Arab Emirates Central Bank","name":"United Arab Emirates","uid":"9b9979bf-c63d-4cf0-8971-a917a9f7e8d1"}],"centralBank":"United Arab Emirates Central Bank","announcementYear":1554854400000,"digitalCurrency":"United Arab Emirates CBDC","status":"Research","type":"Retail","updateRate":[0,1,0,0,0,1,1,0,1,0,1,0],"goals":"The FIT Programme aims to support financial services sector, promote digital transactions, and enable the UAE’s competitiveness to become the financial and digital payment hub and a centre of excellence for innovation and digital transformation through encouraging innovation and collaboration as well as competition in the financial sector.","announcementLink":"https://www.centralbank.ae/media/mdupathy/cbuae-launches-a-financial-infrastructure-transformation-programme-to-accelerate-the-digital-transformation-of-the-financial-services-sector-en.pdf","crossBorderProject":false,"uid":"b4eae747-ed30-4951-8d91-b4b9f0edcd52"},{"tag":"laos-laos_cbdc","created":1793388341354,"country":"Laos","countries":[{"centralBank":"Bank of the Lao P.D.R","name":"Laos","uid":"b2b227b4-0b90-4331-9bfc-81037a19ad12"}],"centralBank":"Bank of the Lao P.D.R","announcementYear":1618012800000,"digitalCurrency":"Laos CBDC","status":"Proof of concept","type":"Retail","technology":"Soramitsu ","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Soramitsu will undertake the Laos study, which will asses the role of banks and other intermediaries and the country's needs for financial inclusiveness, among other areas. If Laos decides to issue a digital currency, Soramitsu may play a role in its development.","goals":"The objectives of a CBDC implementation by the Bank of the Lao PDR are:\n1) Financial inclusion to the broader population, in order to provide digital financial services to people who do not have access to bank accounts;\n2) Cross-border remittances, to reduce remittance times and costs from migrant destinations such as neighboring countries;\n3) CBDC is a way to advance the sophistication of payment systems, as well as ensuring economic security through a local currency that does not depend on other countries.","announcementLink":" https://soramitsu.co.jp/dlak-cbdc","crossBorderProject":false,"uid":"7db4f62e-3ab3-458a-918a-3e3825114ac1"},{"tag":"united_kingdom-digital_pound","created":1793388340499,"country":"United Kingdom","countries":[{"centralBank":"Bank of England","name":"United Kingdom","uid":"ba17cd45-22ef-4ad3-a280-db356f3bf65e"}],"centralBank":"Bank of England","announcementYear":1523318400000,"digitalCurrency":"Digital Pound","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,1,1,1,1,0,0],"goals":"Main motivation is to explore the end-to-end user journey as a way to sharpen functional requirements for both the Bank and private sector. Make the CBDC product more tangible for internal and external stakeholders.","announcementLink":"https://www.digitalmarketplace.service.gov.uk/digital-outcomes-and-specialists/opportunities/18948","crossBorderProject":false,"uid":"4bfcf96c-cda4-4e83-b011-c92fc350fb0f"},{"tag":"tanzania-tanzania_cbdc","created":1793388340647,"country":"Tanzania","countries":[{"centralBank":"Bank of Tanzania","name":"Tanzania","uid":"cd0a8b53-411d-46db-b4ee-162021a13c25"}],"centralBank":"Bank of Tanzania","announcementYear":1618012800000,"digitalCurrency":"Tanzania CBDC ","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,1,0,0,0,0,0,0,0,0],"description":"Tanzania plans to introduce its own digital money, following similar decisions in several emerging markets including Nigeria, which was the first to make the move in Africa.","goals":"The key considerations during this research stage involve choosing a suitable approach to CBDC adoption based on Tanzania context. This includes type of CBDC to be issued (wholesale, retail or both), models for issuance and management (direct, indirect, or hybrid), form of CBDC (token-based or account-based), instrument design (remunerated or non-remunerated) and degree of anonymity or traceability. Particular attention is also paid on risks and controls associated with issuance, distribution, counterfeit and usage of currencies.","announcementLink":"https://www.bot.go.tz/Adverts/PressRelease/en/2023011413181519.pdf","crossBorderProject":false,"uid":"73b97f81-f5a7-4184-b0c3-a1df397bd727"},{"tag":"mexico-moneda_digital_del_banco_central_mdbc","created":1793388341261,"country":"Mexico","countries":[{"centralBank":"Banco de México","name":"Mexico","uid":"a397c667-fcf2-4553-9966-bfe5dac4de3d"}],"centralBank":"Banco de México","announcementYear":1618012800000,"digitalCurrency":"Moneda digital del banco central (MDBC)","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Banco de México will start analyzing incorporation the digital alternative of currency","goals":"The asset, which is expected to be launched in 2024, will allow opening accounts to contribute to financial inclusion in the country.","announcementLink":"https://www.ledgerinsights.com/mexico-plans-a-retail-cbdc-by-2025/","crossBorderProject":false,"uid":"a2448aff-7844-4202-97e1-d1365814f55a"},{"tag":"algeria-algerian_digital_dinar","created":1793388342665,"country":"Algeria","countries":[{"centralBank":"Banque d’Algérie","name":"Algeria","uid":"e0d65b11-a907-4155-af4a-28d09655abb1"}],"centralBank":"Banque d’Algérie","announcementYear":1649548800000,"digitalCurrency":"Algerian Digital Dinar","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The main motivation is the digitization of payments by moving towards the adoption of a digital form of money, of which it will ensure the issuance, management and control under the name of the Algerian digital dinar.","announcementLink":"https://www.algerie-focus.com/monnaie-vers-creation-du-dinar-numerique/","crossBorderProject":false,"uid":"a24cfde6-1259-485f-be77-acf475f488d4"},{"tag":"oman-oman_cbdc","created":1793388341139,"country":"Oman","countries":[{"centralBank":"Central Bank of Oman","name":"Oman","uid":"8f553aa1-cb95-4bc9-ad44-be4a9beb10aa"}],"centralBank":"Central Bank of Oman","announcementYear":1649548800000,"digitalCurrency":"Oman CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,1,0,0,0],"announcementLink":"https://www.imf.org/en/Publications/CR/Issues/2022/11/14/Oman-2022-Article-IV-Consultation-Press-Release-and-Staff-Report-525674","crossBorderProject":false,"uid":"013e780a-76b4-46bd-bc49-bd004130cf64"},{"tag":"cross-border-project-project_ubin","created":1793388342829,"country":"Singapore","countries":[{"centralBank":"Monetary Authority of Singapore","name":"Singapore","uid":"10def58c-2a25-4c3f-b22e-1c0ba11ee08e"}],"centralBank":"Monetary Authority of Singapore","announcementYear":1649548800000,"digitalCurrency":"Project Ubin+","status":"Pilot","type":"Wholesale","structure":"Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The project has three main objectives: (i) explore the design and application of AMMs for wCBDCs; (ii) investigate if a supra-regional network could work as an efficient and trusted hub for cross-border settlement; and (iii) research wCBDC governance models within that network.\n","announcementLink":"https://www.bis.org/about/bisih/topics/cbdc/mariana.htm","crossBorderProject":true,"uid":"0e0e697e-4ef5-458e-b39c-f556d884a35e"},{"tag":"nepal-nepal_cbdc","created":1793388341218,"country":"Nepal","countries":[{"centralBank":"The Nepal Rastra Bank","name":"Nepal","uid":"e34156df-f562-43e2-9d54-ebdd1c3a1608"}],"centralBank":"The Nepal Rastra Bank","announcementYear":1649548800000,"digitalCurrency":"Nepal CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,1,0,0],"description":"Nepal initiated study on central bank digital currency","dlt":"DLT","goals":"The motivations are to find a better way to meet the wide variety of policy goals taken by central banks such as financial inclusion, optimal payment system, and cost-efficient currency management, among others.","announcementLink":"https://www.nrb.org.np/contents/uploads/2022/10/CBDC-for-Nepal.pdf","whitepaperLink":"https://www.nrb.org.np/contents/uploads/2021/10/Monetary-Policy-2021-22.pdf","crossBorderProject":false,"uid":"c211196f-e435-4d87-9271-544a506f6d81"},{"tag":"cross-border-project-project_icebreaker","created":1793388342880,"country":"Sweden, Norway, Israel","countries":[{"centralBank":"Sveriges Riksbank","name":"Sweden","uid":"f00d469c-2f0e-4f33-871f-490d1b999c6c"},{"centralBank":"Norges Bank","name":"Norway","uid":"ac9b25fc-46eb-4c55-b691-cff9e7fba9fe"},{"centralBank":"Bank of Israel","name":"Israel","uid":"2aa468d3-634d-4125-b828-d6267396115d"}],"centralBank":"Sveriges Riksbank, Norges Bank, Bank of Israel","announcementYear":1649548800000,"digitalCurrency":"Project Icebreaker","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bis.org/about/bisih/topics/cbdc/icebreaker.htm","crossBorderProject":true,"uid":"3897c5d9-e40b-4b2e-98b0-e4534756e9af"},{"tag":"zimbabwe-zimbabwe_cbdc","created":1793388340400,"country":"Zimbabwe","countries":[{"centralBank":"Reserve Bank of Zimbabwe","name":"Zimbabwe","uid":"c92383c0-205a-491e-abbd-3a2279dcfd04"}],"centralBank":"Reserve Bank of Zimbabwe","announcementYear":1618012800000,"digitalCurrency":"Zimbabwe CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Zimbabwe's central bank is exploring the use of a digital currency","announcementLink":"https://twitter.com/ReserveBankZIM/status/1590560608994623489","crossBorderProject":false,"uid":"0af5e3a7-405a-4973-b3ff-72d0c43de111"},{"tag":"south_korea-south_korea_cbdc","created":1793388340750,"country":"South Korea","countries":[{"centralBank":"Bank of Korea","name":"South Korea","uid":"6fc916ed-18f9-4fdc-a2be-13df67670a3f"}],"centralBank":"Bank of Korea","announcementYear":1586390400000,"digitalCurrency":"South Korea CBDC","status":"Proof of concept","type":"Retail","technology":"Ground X (Kakao)","updateRate":[0,1,1,1,0,1,1,1,3,1,0,0],"description":"Completed first phase of CBDC testing","dlt":"DLT","goals":"Goals include more efficient and advanced payments systems and higher financial inclusion.","announcementLink":"https://www.ajunews.com/view/20220710092249390","crossBorderProject":false,"uid":"591ee409-b63e-47c3-8ca2-40a392856145"},{"tag":"bangladesh-bangladesh_cbdc","created":1793388342485,"country":"Bangladesh","countries":[{"centralBank":"Bangladesh Bank","name":"Bangladesh","uid":"1c4aafba-4d7e-441a-a671-163c553843e7"}],"centralBank":"Bangladesh Bank","announcementYear":1649548800000,"digitalCurrency":"Bangladesh CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,1,0,1,0],"goals":"Exploring CBDC as an alternative to ‘risky’ private digital currencies.","announcementLink":"https://coingeek.com/bangladesh-exploring-cbdc-as-an-alternative-to-risky-private-digital-currencies/","crossBorderProject":false,"uid":"45f8348d-644f-474f-949c-a007dfa4e3ea"},{"tag":"sudan-sudan_cbdc","created":1793388340721,"country":"Sudan","countries":[{"centralBank":"Central Bank of Sudan","name":"Sudan","uid":"c161a73b-3a0e-49d1-ba53-9878c9bac04c"}],"centralBank":"Central Bank of Sudan","announcementYear":1649548800000,"digitalCurrency":"Sudan CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,1,0,0,0],"announcementLink":"https://www.amf.org.ae/en/content/arab-monetary-fund-releases-study-trends-issuing-central-bank-digital-currencies-cbdcs-arab","crossBorderProject":false,"uid":"c631e2a1-43b4-4f67-a8be-ca5ddd32d014"},{"tag":"south_africa-khokha","created":1793388340838,"country":"South Africa","countries":[{"centralBank":"South African Reserve Bank","name":"South Africa","uid":"938fe242-a99a-421a-b372-0457afa13795"}],"centralBank":"South African Reserve Bank","announcementYear":1554854400000,"digitalCurrency":"Khokha","status":"Research","type":"Wholesale","structure":"Token","technologyName":"Quorum","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"In March 2019, before the feasibility project Khokha was announced, SARB invited bids from private companies to develop CBDC infrastructure. According to the BIS Quarterly Review, \"the scope of this project is specific to the use of a CBDC as electronic legal tender (ELT), similar to the characteristics of, and complementary to, cash.\"\n\nIn planning its potential CBDC, South Africa will likely weigh security heavily, according to South Africa's Ombudsman for Banking Services, Reana Steyn, who says \"internet banking fraud continues to be the most prevalent complaint made by South African banking customers.\"","dlt":"DLT","goals":"Project Khokha was launched to assess the performance, scalability, privacy, resilience and finality of a DLT solution under conditions as realistic as possible to those in the banking sector.","announcementLink":"https://www.resbank.co.za/en/home/publications/publication-detail-pages/media-releases/2022/Project-Khokha-2-Report-Release ","crossBorderProject":false,"uid":"97d8ccde-850d-4d19-a648-01df882310e7"},{"tag":"trinidad_and_tobago-trinidad_and_tobago_cbdc","created":1793388340605,"country":"Trinidad and Tobago","countries":[{"centralBank":"Central Bank of Trinidad and Tobago","name":"Trinidad and Tobago","uid":"c0fe3555-79b2-4ead-9b8b-4ca39ad367f9"}],"centralBank":"Central Bank of Trinidad and Tobago","announcementYear":1618012800000,"digitalCurrency":"Trinidad and Tobago CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"While the Central Bank of Trinidad and Tobago welcomes financial technology developments and believes that they can improve financial stability; as of November 2018, the bank does not view the development of a digital currency as a priority.","goals":"Focus is on improving the payments system, by promoting more widespread, safe and efficient electronic financial transactions.","announcementLink":"https://trinidadexpress.com/newsextra/central-bank-on-cryptocurrencies-no-restrictions-on-purchases/article_f63b844a-9814-11ec-b6dd-eba4fb498a14.html","crossBorderProject":false,"uid":"3dd2bf0a-429d-43ed-b3be-dfbe7992040e"},{"tag":"singapore-project_orchid","created":1793388340866,"country":"Singapore","countries":[{"centralBank":"Monetary Authority of Singapore","name":"Singapore","uid":"10def58c-2a25-4c3f-b22e-1c0ba11ee08e"}],"centralBank":"Monetary Authority of Singapore","announcementYear":1618012800000,"digitalCurrency":"Project Orchid","status":"Cancelled","type":"Retail","updateRate":[0,1,0,0,0,0,0,0,0,0,0,0],"description":"After launching a retail CBDC initiative, the MAS has decided that issuing retail CBDCs is not very relevant to Singapore at this time.","announcementLink":"https://www.mas.gov.sg/news/parliamentary-replies/2022/reply-to-cos-cut-on-digital-sing-dollar","whitepaperLink":"https://www.mas.gov.sg/-/media/MAS/EPG/Monographs-or-Information-Paper/A-retail-CBDC---Economic-Considerations-in-the-Singapore-Context.pdf","crossBorderProject":false,"uid":"d23226e1-9554-422c-8db4-866da1294a6c"},{"tag":"malaysia-malaysia_cbdc","created":1793388341306,"country":"Malaysia","countries":[{"centralBank":"Bank Negara Malaysia","name":"Malaysia","uid":"caa7cf76-b79c-400f-9cc5-460f4246d7e2"}],"centralBank":"Bank Negara Malaysia","announcementYear":1649548800000,"digitalCurrency":"Malaysia CBDC","status":"Research","type":"Wholesale","updateRate":[0,0,0,1,0,0,0,1,1,1,0,0],"description":"Explore Wholesale CBDC","announcementLink":"https://www.ledgerinsights.com/malaysia-to-explore-both-wholesale-retail-cbdc/","whitepaperLink":"https://www.bnm.gov.my/-/ar2021_en_pr","crossBorderProject":false,"uid":"95ab7889-f6a4-40ae-bea7-8d5adc360e14"},{"tag":"zambia-zambia_cbdc","created":1793388340408,"country":"Zambia","countries":[{"centralBank":"The Bank of Zambia (BoZ)","name":"Zambia","uid":"c0e0a73c-1350-4b92-8fdd-6ee05fdd7809"}],"centralBank":"The Bank of Zambia (BoZ)","announcementYear":1649548800000,"digitalCurrency":"Zambia CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Expected to complete research on forming a digital currency by the fourth quarter 2022.","goals":"Aimed at cutting transaction costs and boosting participation in the formal financial system.","announcementLink":"https://www.bloomberg.com/news/articles/2022-02-09/zambia-explores-digital-currency-but-warns-against-crypto?utm_content=crypto&utm_source=twitter&utm_campaign=socialflow-organic&utm_medium=social","crossBorderProject":false,"uid":"db98479f-99af-4b1b-8759-72cdf029d241"},{"tag":"yemen-yemen_cbdc","created":1793388340414,"country":"Yemen","countries":[{"centralBank":"Central Bank of Yemen","name":"Yemen","uid":"51951bb2-a2a0-4878-958e-c7def1c67def"}],"centralBank":"Central Bank of Yemen","announcementYear":1649548800000,"digitalCurrency":"Yemen CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.amf.org.ae/en/content/arab-monetary-fund-releases-study-trends-issuing-central-bank-digital-currencies-cbdcs-arab","crossBorderProject":false,"uid":"17a54af2-9ec4-4854-b8d9-2fe68d92c2cb"},{"tag":"saudi_arabia-saudi_arabia_retail_cbdc","created":1793388340875,"country":"Saudi Arabia","countries":[{"centralBank":"Saudi Arabian Monetary Authority","name":"Saudi Arabia","uid":"7209d122-ad5e-4e54-ac29-c71c5e731c44"}],"centralBank":"Saudi Arabian Monetary Authority","announcementYear":1554854400000,"digitalCurrency":"Saudi Arabia Retail CBDC","status":"Research","type":"Retail","technology":"Hyperledger Fabric ","updateRate":[0,0,1,0,0,0,0,0,0,0,1,0],"description":"Retail CBDC","announcementLink":"https://www.amf.org.ae/en/content/arab-monetary-fund-releases-study-trends-issuing-central-bank-digital-currencies-cbdcs-arab","crossBorderProject":false,"uid":"9cb0149f-d145-4c5c-abca-b7015d8595d2"},{"tag":"qatar-qatar_cbdc","created":1793388341019,"country":"Qatar","countries":[{"centralBank":"Qatar Central Bank","name":"Qatar","uid":"db4b3899-0586-4cd2-93aa-eed58514af3a"}],"centralBank":"Qatar Central Bank","announcementYear":1649548800000,"digitalCurrency":"Qatar CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,1,0,0,0,0,0,0,1],"description":"Exploring","announcementLink":"https://www.amf.org.ae/en/content/arab-monetary-fund-releases-study-trends-issuing-central-bank-digital-currencies-cbdcs-arabb\nhttps://thepeninsulaqatar.com/article/16/03/2022/qcb-studying-digital-currencies-and-digital-banking-official","crossBorderProject":false,"uid":"40e90690-3cda-4ae3-a5b9-415b9125904e"},{"tag":"denmark-denmark_cbdc","created":1793388342170,"country":"Denmark","countries":[{"centralBank":"Nationalbanken","name":"Denmark","uid":"1c04412f-ad77-477e-85be-bbf2d766e70e"}],"centralBank":"Nationalbanken","announcementYear":1649548800000,"digitalCurrency":"Denmark CBDC","status":"Research","type":"Wholesale","updateRate":[0,1,0,0,0,0,0,0,0,0,0,0],"description":"Research started for wCBDC","announcementLink":"Expert opinion through LinkedIn","crossBorderProject":false,"uid":"6519b1c3-43e6-42bc-a180-78d4271db859"},{"tag":"albania-diigital_lek","created":1793388342669,"country":"Albania","countries":[{"centralBank":"Bank of Albania","name":"Albania","uid":"a3e7ef3d-285b-4f8f-b2dc-526443b848c1"}],"centralBank":"Bank of Albania","announcementYear":1649548800000,"digitalCurrency":"Diigital Lek","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bankofalbania.org/Publications/Research/Research_Newsletter/Research_Newsletter_No_31.html","crossBorderProject":false,"uid":"68a05bc0-2f07-4b43-8665-32d2c8b39503"},{"tag":"jordan-jordan_cbdc","created":1793388341471,"country":"Jordan","countries":[{"centralBank":"Central Bank of Jordan","name":"Jordan","uid":"448cf390-2a58-4d3e-8355-4e29186a2492"}],"centralBank":"Central Bank of Jordan","announcementYear":1649548800000,"digitalCurrency":"Jordan CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,1,0,0,0,0,0,0],"description":"A study is underway to develop a legal digital currency linked to Jordanian dinar.","goals":"The key reasons for issuing a digital currency are still to be determined. Financial inclusion might be one of the reasons.","announcementLink":"https://www.unlock-bc.com/84074/central-bank-of-jordan-studying-the-launch-of-cbdc/","crossBorderProject":false,"uid":"872053e4-a33e-4a16-9b04-b0fb3e59869b"},{"tag":"paraguay-paraguay_cbdc","created":1793388341105,"country":"Paraguay","countries":[{"centralBank":"Central Bank of Paraguay","name":"Paraguay","uid":"963e28b6-a1f4-4473-ac41-e4e7d0d514fd"}],"centralBank":"Central Bank of Paraguay","announcementYear":1618012800000,"digitalCurrency":"Paraguay CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bcp.gov.py/criptomonedas-privadas-y-monedas-digitales-n1643","crossBorderProject":false,"uid":"dd71287f-792b-4f8e-8e09-cadd3f0940d7"},{"tag":"australia-project_atom","created":1793388342557,"country":"Australia","countries":[{"centralBank":"Reserve Bank of Australia","name":"Australia","uid":"04afab38-ad01-442a-a10f-eeb9c5faf41f"}],"centralBank":"Reserve Bank of Australia","announcementYear":1586390400000,"digitalCurrency":"Project Atom","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"ConsenSys Software","technologyName":"Ethereum","updateRate":[0,0,0,0,0,0,1,0,0,0,0,0],"description":"Australia: The Reserve Bank of Australia (RBA) is actively exploring the use of a wholesale eAUD (Digital Currency). To that end, the RBA conducted a proof of concept to simulate a wholesale settlement system involving commercial banks in the country. The RBA is committed to continue this research throughout 2020 to ascertain the viability of a digital Australian dollar.","dlt":"DLT","goals":"Faciliating atomic DVP settlement","announcementLink":"https://www.rba.gov.au/media-releases/2021/mr-21-30.html","crossBorderProject":false,"uid":"76688255-7546-4077-beef-863ee036b88b"},{"tag":"cross-border-project-jura","created":1793388342916,"country":"Switzerland, Euro Area","countries":[{"centralBank":"Swiss National Bank","name":"Switzerland","uid":"f5c9cf5f-3346-4a66-8a17-8dbd86a25ded"},{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"Swiss National Bank, European Central Bank","announcementYear":1618012800000,"digitalCurrency":"Jura","status":"Research","type":"Wholesale","structure":"Token","technology":"R3 Corda ","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Project Jura explored settlement of tokenised euro commercial paper and foreign exchange transactions. Tests were conducted in a near real-life setting and met current regulatory requirements. Jura studied a new approach for central banks to allow access to central bank digital currencies (CBDCs) for regulated non-resident financial institutions.","dlt":"DLT","goals":"The main goal of the project is to explore how wholesale CBDCs can increase efficiency for cross-border payments and for security settlement.","announcementLink":"https://www.bis.org/about/bisih/topics/cbdc/jura.htm ","whitepaperLink":"https://www.bis.org/press/p211208.htm","crossBorderProject":true,"uid":"5ad52a0d-4001-48d5-b696-8dafe85a2347"},{"tag":"guatemala-iquetzal","created":1793388341853,"country":"Guatemala","countries":[{"centralBank":"Bank of Guatemala","name":"Guatemala","uid":"01c72b61-9ace-481a-a68c-f15ab1095ed6"}],"centralBank":"Bank of Guatemala","announcementYear":1618012800000,"digitalCurrency":"iQuetzal","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The central banks of Honduras and Guatemala are eying digital currencies, officials said on September, following El Salvador's adoption of bitcoin as legal currency.","announcementLink":"https://www.reuters.com/technology/central-banks-honduras-guatemala-eye-digital-currencies-el-salvador-launches-2021-09-08/","crossBorderProject":false,"uid":"c75bfb19-5da1-4484-8f6f-39a89c5a0596"},{"tag":"costa_rica-costa_rica_cbdc","created":1793388342189,"country":"Costa Rica","countries":[{"centralBank":"Banco Central de Costa Rica","name":"Costa Rica","uid":"1194dae2-4901-4208-8be9-4e8535ff3e53"}],"centralBank":"Banco Central de Costa Rica","announcementYear":1618012800000,"digitalCurrency":"Costa Rica CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bccr.fi.cr/publicaciones/Criptomonedas/ESPE-01-2021-Algunas_consideraciones_en_torno_monedas_digitales_y_criptoactivos.pdf","crossBorderProject":false,"uid":"fad816e1-e2ed-4068-a1b3-f48e16f496a7"},{"tag":"vanuatu-vanuatu_cbdc","created":1793388340435,"country":"Vanuatu","countries":[{"centralBank":"Reserve Bank of Vanuatu","name":"Vanuatu","uid":"ecb9c8d8-39b7-4390-9795-4a98b9a5e0bb"}],"centralBank":"Reserve Bank of Vanuatu","announcementYear":1618012800000,"digitalCurrency":"Vanuatu CBDC","status":"Research","type":"Retail","technology":"Soramitsu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The purpose of this groundbreaking study is to chart a path for the Pacific Island countries into the age of digital finance. It will systematically investigate financial infrastructures in four countries: Fiji, Solomon Islands, Tonga, and Vanuatu. In addition to assessing current procedures for wholesale settlements (i.e., between financial institutions) and cash-based and cashless retail settlements (e.g., between end users), SORAMITSU will evaluate the potential risks and benefits of introducing central bank digital currencies (CBDCs) and other novel digital assets.","announcementLink":"https://soramitsu.co.jp/digital-currency-oceania/","crossBorderProject":false,"uid":"17c18ade-45f6-43ed-896f-8b2b19d2093a"},{"tag":"tonga-tonga_cbdc","created":1793388340611,"country":"Tonga","countries":[{"centralBank":"National Reserve Bank of Tonga (NRBT)","name":"Tonga","uid":"3f40045c-3391-4c30-9c40-ca06aca8a519"}],"centralBank":"National Reserve Bank of Tonga (NRBT)","announcementYear":1618012800000,"digitalCurrency":"Tonga CBDC","status":"Research","type":"Retail","technology":"Soramitsu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The purpose of this study is to chart a path for the Pacific Island countries into the age of digital finance. It will systematically investigate financial infrastructures in four countries: Fiji, Solomon Islands, Tonga, and Vanuatu. In addition to assessing current procedures for wholesale settlements (i.e., between financial institutions) and cash-based and cashless retail settlements (e.g., between end users), SORAMITSU will evaluate the potential risks and benefits of introducing central bank digital currencies (CBDCs) and other novel digital assets.","announcementLink":"https://soramitsu.co.jp/digital-currency-oceania/ https://www.imf.org/en/publications/fintech-notes/issues/2022/09/27/towards-central-bank-digital-currencies-in-asia-and-the-pacific-results-of-a-regional-survey-523914","crossBorderProject":false,"uid":"0cfddd60-f3ad-476b-a7d4-1ee3321e49f5"},{"tag":"solomon_islands-solomon_islands_cbdc","created":1793388340854,"country":"Solomon Islands","countries":[{"centralBank":"Central Bank of Solomon Islands","name":"Solomon Islands","uid":"96f32d3e-6d28-40cd-b778-fd5bda5745ca"}],"centralBank":"Central Bank of Solomon Islands","announcementYear":1649548800000,"digitalCurrency":"Solomon Islands CBDC","status":"Research","type":"Retail","technology":"Soramitsu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"goals":"The purpose of this study is to chart a path for the Pacific Island countries into the age of digital finance. It will systematically investigate financial infrastructures in four countries: Fiji, Solomon Islands, Tonga, and Vanuatu. In addition to assessing current procedures for wholesale settlements (i.e., between financial institutions) and cash-based and cashless retail settlements (e.g., between end users), SORAMITSU will evaluate the potential risks and benefits of introducing central bank digital currencies (CBDCs) and other novel digital assets.","announcementLink":"https://soramitsu.co.jp/digital-currency-oceania/","crossBorderProject":false,"uid":"2736f12e-7be1-42b3-a302-c60f4681f9e3"},{"tag":"cross-border-project-project_prosperus","created":1793388342724,"country":"Tunisia, Euro Area","countries":[{"centralBank":"Central Bank of Tunisia","name":"Tunisia","uid":"9b311f8d-12c0-442f-bdc7-d2851b89e55f"},{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"Central Bank of Tunisia, European Central Bank","announcementYear":1618012800000,"digitalCurrency":"Project Prosperus","status":"Pilot","type":"Wholesale","technology":"Prosperus","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Both central banks exchanged CBDC tokens in secured conditions. A consortium of actors made up on Prosperus' initiative, comprising Bank Wormser Freres, la Banque Internationale Arabe de Tunisie and its French subsidiary BIAT France, conducted all these operations. Value Digital Services and Inuo Strategic Impact also provided support to Prosperus as part of this work.","dlt":"DLT","goals":"This experiment allowed appraising wholesale CBDC's potential to carry out retail cross-border transfers through cooperation between central and commercial banks to establish efficient processes.","announcementLink":"https://www.banque-france.fr/en/communique-de-presse/banque-de-france-cooperation-banque-centrale-de-tunisie-successfully-conducts-experiment-use-central","crossBorderProject":true,"uid":"0e066ca3-a4e3-4712-b10d-9028d31b6a8d"},{"tag":"palestine-palestine_cbdc","created":1793388341117,"country":"Palestine","countries":[{"centralBank":"Palestine Monetary Authority","name":"Palestine","uid":"5ad425a8-5432-45c1-8a16-87b2494af847"}],"centralBank":"Palestine Monetary Authority","announcementYear":1491782400000,"digitalCurrency":"Palestine CBDC","status":"Research","type":"Retail","updateRate":[0,1,0,0,0,0,0,0,1,0,0,0],"description":"West Bank-based Palestine's Monetary Authority (PMA) has indicated that leaders are mulling plans to issue a Palestinian digital currency in five-year time as a move to skirt around Israel' powerful control over Palestinian economy.","goals":"Palestine projects to issue digital currency to circumvent Israel's control.","announcementLink":"https://me-confidential.com/15872-palestine-projects-to-issue-digital-currency-to-circumvent-israels-control.html https://www.bloomberg.com/news/articles/2021-06-24/palestinian-monetary-authority-mulls-digital-currency-launch","crossBorderProject":false,"uid":"a9ed01ff-00fa-47ee-96a8-ea75fead94d2"},{"tag":"euro_area-delphi","created":1793388342543,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1618012800000,"digitalCurrency":"DELPHI","status":"Research","type":"Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"OeNB will provide a wholesale central bank digital currency (CBDC), which will be pegged directly to the euro, to ensure that the title to the securities and the corresponding payments are exchanged simultaneously.","dlt":"DLT","goals":"The project explores digital bond issuance and related processes. DELPHI is also going to address the legal requirements for such a solution – with a view to assessing compatibility with applicable EU and national law. As part of this project milestone, DELPHI will highlight where the current legal framework may need to be changed to facilitate the implementation of a blockchain-based solution.","announcementLink":"https://www.oenb.at/en/Media/20210630.html","crossBorderProject":false,"uid":"74153115-141a-4f30-bb46-35f4d28f0e50"},{"tag":"poland-digital_zloty","created":1793388341029,"country":"Poland","countries":[{"centralBank":"Narodowy Bank Polski (NBP)","name":"Poland","uid":"80a04050-bbc7-4fb0-9802-4cf6656601e6"}],"centralBank":"Narodowy Bank Polski (NBP)","announcementYear":1491782400000,"digitalCurrency":"Digital zloty","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"In May 2021 the NBP published a special CBDC report","announcementLink":"https://nbp.pl/wp-content/uploads/2022/09/raport-cbdc.pdf","crossBorderProject":false,"uid":"329468fd-b7bf-4656-a3d8-1289fd58f7ef"},{"tag":"haiti-gourde_digitale","created":1793388341849,"country":"Haiti","countries":[{"centralBank":"La Banque de la Republique d'Haiti","name":"Haiti","uid":"e774f3dd-60f5-4107-914e-782b6d70033e"}],"centralBank":"La Banque de la Republique d'Haiti","announcementYear":1586390400000,"digitalCurrency":"Gourde Digitale","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.youtube.com/watch?v=iATIM_r4ABI","crossBorderProject":false,"uid":"eced3f8c-a968-4f82-b111-3eb4e45c3ee6"},{"tag":"morocco-morocco_cbdc","created":1793388341240,"country":"Morocco","countries":[{"centralBank":"Bank-Al-Maghrib","name":"Morocco","uid":"0137f75e-81c0-4f91-a1c6-a9e6bbf2b899"}],"centralBank":"Bank-Al-Maghrib","announcementYear":1618012800000,"digitalCurrency":"Morocco CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Morocco's central bank Bank-Al-Maghrib (BAM) has announced is investigating the benefits of launching a central bank digital currency (CBDCs","goals":"BAM's new committee will seek to identify and analyse the advantages and drawbacks of CDBCs for the Moroccan economy.","announcementLink":"https://thepaypers.com/cryptocurrencies/moroccos-central-bank-to-investigate-the-use-of-cbdc--1247336","crossBorderProject":false,"uid":"faa1615a-c014-42fc-8d13-7d2a0e2f4b34"},{"tag":"czech_republic-czech_republic_cbdc","created":1793388342175,"country":"Czech Republic","countries":[{"centralBank":"Czech National Bank","name":"Czech Republic","uid":"c068e732-4497-49fd-8427-0fe1371db5b2"}],"centralBank":"Czech National Bank","announcementYear":1618012800000,"digitalCurrency":"Czech Republic CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,1,0,0,0,0],"announcementLink":"https://www.cnb.cz/cs/verejnost/servis-pro-media/autorske-clanky-rozhovory-s-predstaviteli-cnb/Digitalni-mena-garantovana-CNB-budoucnost-koruny/","crossBorderProject":false,"uid":"ba5a208d-dc8f-413c-92a0-c48ca6a4998f"},{"tag":"lebanon-lebanon_cbdc","created":1793388341345,"country":"Lebanon","countries":[{"centralBank":"Lebanon's central bank","name":"Lebanon","uid":"327ba8e8-005c-4baa-a242-902bfea4023b"}],"centralBank":"Lebanon's central bank","announcementYear":1586390400000,"digitalCurrency":"Lebanon CBDC","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,1,0,0,1,0],"description":"The Governor of the central bank of Lebanon Riad Salamed, in October 2017, announced the central bank plan to eventually issue its own digital currency. In the announcement, he stated his belief that electronic currency will be very important in the future, but first the bank must develop safeguards against cybercrime.\n\nIn November 2018 during his keynote speech at Al-Iktissad-Wal-Aamal Anti Cyber Crim Forum, Governor Riad commented that the bank has a working group researching the implementation of digital currency, which would be pegged to the Lira.\n\nThe most recent update came in April 2020, when he reiterated that the bank was working on a digital currency, which Governor Riad believes will lead to a more cost effective method of making payments.","goals":"The CBDC project is part of a \"regulatory mechanism\" to restore confidence in Lebanon's troubled banking sector. CBDC will also help Lebanon move to a \"cashless system\" that enables more seamless cash movement locally and abroad.","announcementLink":"https://cointelegraph.com/news/lebanese-central-bank-governor-criticizes-bitcoin-as-unregulated-commodities\nhttps://www.ledgerinsights.com/lebanon-planning-central-bank-digital-currency-in-2021-cbdc/\nhttps://www.coindesk.com/lebanon-digital-currency-2021","crossBorderProject":false,"uid":"a012444a-ab90-427b-b277-e0f1ef70fe33"},{"tag":"cross-border-project-aber","created":1793388342873,"country":"Saudi Arabia, United Arab Emirates","countries":[{"centralBank":"Saudi Arabian Monetary Authority","name":"Saudi Arabia","uid":"7209d122-ad5e-4e54-ac29-c71c5e731c44"},{"centralBank":"United Arab Emirates Central Bank","name":"United Arab Emirates","uid":"9b9979bf-c63d-4cf0-8971-a917a9f7e8d1"}],"centralBank":"Saudi Arabian Monetary Authority, United Arab Emirates Central Bank","announcementYear":1554854400000,"digitalCurrency":"Aber","status":"Pilot","type":"Wholesale","structure":"Account","technology":"IBM","governanceStructure":"United Arab Emirates' central bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA)","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"In November 2020 the two central banks published the results of their joint \"Aber\" wholesale central bank digital currency (wCBDC) pilot project. \n\nIn Jan 2019, the Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) announced a common digital currency project, \" Aber\", for financial settlements between Saudi Arabia and the United Arab Emirates. The purpose of the project is to improve the efficiency of international remittances and develop an additional system for domestic payments settlement in case of disruption. Neither country has yet revealed a timeline for the CBDC, nor have they stated specifics on the underlying blockchain structure or whether it will be pegged to fiat currencies.\n\nIn September 2017, the government of Dubai announced an encrypted digital currency, emCash, that will be used to pay for public and private services. emCash will be developed by Emcredit, a state-backed subsidiary of the Department of Economic Development in collaboration with the U.K.-based startup Object Tech Grp Ltd. However, the project is in early stages and no additional information has been released.","dlt":"DLT","goals":"The main goal of Aber is to create a digital currency that can be used between the two central banks of each nation and limited banks that are hand-selected by the central banks.","announcementLink":"https://www.sama.gov.sa/en-US/News/Pages/news29012019.aspx\nhttps://www.sama.gov.sa/en-US/News/Pages/news-630.aspx\n","whitepaperLink":"https://www.sama.gov.sa/en-US/News/Pages/news-630.aspx","crossBorderProject":true,"uid":"a1de4049-3e67-4094-891d-9aee9951a61f"},{"tag":"cross-border-project-inthanon-lionrock","created":1793388342845,"country":"Hong Kong, Thailand","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"},{"centralBank":"Bank of Thailand","name":"Thailand","uid":"7c520f9a-424a-4825-9db2-98464722f37c"}],"centralBank":"Hong Kong Monetary Authority, Bank of Thailand","announcementYear":1554854400000,"digitalCurrency":"Inthanon-LionRock","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"R3 Corda \nConsensys","technologyName":"Hyperledger Besu","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The two authorities - The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) -- agreed to proceed with further joint research work in relevant areas, including exploring business cases and connections to other platforms, involving participation of banks and other relevant parties in cross-border funds transfer trials.","dlt":"DLT","announcementLink":"https://www.hkma.gov.hk/eng/news-and-media/press-releases/2020/11/20201102-3/\nhttps://www.hkma.gov.hk/media/eng/doc/key-functions/financial-infrastructure/Report_on_Project_Inthanon-LionRock.pdf ","crossBorderProject":true,"uid":"78c8e2c9-47a5-43e9-989d-b543889728a8"},{"tag":"barbados-digital_barbados_dollar","created":1793388342479,"country":"Barbados","countries":[{"centralBank":"Central Bank of the Barbados","name":"Barbados","uid":"1f6a89b5-08b3-4de9-8d5d-ce6049f34fcf"}],"centralBank":"Central Bank of the Barbados","announcementYear":1586390400000,"digitalCurrency":"Digital Barbados Dollar","status":"Research","type":"Retail, Wholesale","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.centralbank.org.bb/news/speech/toward-increased-efficiency-in-payments-systems","crossBorderProject":false,"uid":"eae659e4-f53c-4aef-a17d-548dc84ddfaf"},{"tag":"cross-border-project-jasper-ubin","created":1793388342858,"country":"Canada, Singapore","countries":[{"centralBank":"Bank of Canada","name":"Canada","uid":"4c498a1f-65b8-4923-8c06-aa64aea1aba7"},{"centralBank":"Monetary Authority of Singapore","name":"Singapore","uid":"10def58c-2a25-4c3f-b22e-1c0ba11ee08e"}],"centralBank":"Bank of Canada, Monetary Authority of Singapore","announcementYear":1554854400000,"digitalCurrency":"Jasper-Ubin","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"R3 Corda","technologyName":"R3 Corda","governanceStructure":"The project represents a collaborative effort between Payments Canada, its member financial institutions, the Bank of Canada and other market participants.","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"dlt":"DLT","announcementLink":"https://www.mas.gov.sg/-/media/MAS/ProjectUbin/Cross-Border-Interbank-Payments-and-Settlements.pdf","crossBorderProject":true,"uid":"b3ea8906-f43d-42ee-8c50-69fa8ed5b7f9"},{"tag":"bahrain-digital_dinar","created":1793388342493,"country":"Bahrain","countries":[{"centralBank":"Central Bank of Bahrain (CBB)","name":"Bahrain","uid":"733eeefc-18e9-4315-a2a5-e4d8e11065de"}],"centralBank":"Central Bank of Bahrain (CBB)","announcementYear":1523318400000,"digitalCurrency":"Digital Dinar","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Bank of Bahrain is in the early stages of researching a CBDC, along with innovative solutions for digital payment. In 2018, the Governor of the Central Bank of Bahrain (CBB), Rasheed Mohamed Al Maraj, said that the CBB is in the early stages of studying a \"digital dinar,\" the digital version of its currency, in an interview with the Daily Tribune - News of Bahrain.\n\nIn early 2020, the Central Bank of Bahrain announced that it will pilot the CBDC Policy-Maker Toolkit developed by the World Economic Forum as part of the CBB's research on the impact of digital currencies on the economy.","goals":"To evaluate the impact of digital currencies on the economy. Also, payment eddicency and financial inclusion.","announcementLink":"https://www.arabianbusiness.com/banking-finance/438417-bahrain-to-pilot-toolkit-for-central-bank-digital-currency\n\nhttps://www.newsofbahrain.com/bahrain/42742.html\n\nhttps://www.cbb.gov.bh/ar/media-center/%D8%AA%D8%B1%D8%AA%D9%83%D8%B2-%D8%B9%D9%84%D9%89-5-%D8%A3%D9%88%D9%84%D9%88%D9%8A%D8%A7%D8%AA-%D8%B7%D9%85%D9%88%D8%AD%D8%A9-%D9%88%D8%AD%D8%B2%D9%85%D8%A9-%D9%85%D8%AA%D9%86%D9%88%D8%B9%D8%A9-%D9%85/","crossBorderProject":false,"uid":"25df8686-f1f7-410e-bdcb-c5824ae2fbef"},{"tag":"switzerland-e-franc","created":1793388340689,"country":"Switzerland","countries":[{"centralBank":"Swiss National Bank","name":"Switzerland","uid":"f5c9cf5f-3346-4a66-8a17-8dbd86a25ded"}],"centralBank":"Swiss National Bank","announcementYear":1554854400000,"digitalCurrency":"e-franc","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Switzerland: In December 2019, the Federal Council published a report on the benefits and risks of a central bank digital currency e-franc. In their findings the Federal Council concluded a \"universally accessible central bank digital currency would bring no additional benefits for Switzerland at present\". Rather, they believe that the issuance of a digital currency would introduce new risks that could jeopardize financial stability. The report was a response to the Wermuth postulate (18.3159), which was submitted in March 2018.","announcementLink":"https://www.efd.admin.ch/efd/en/home/dokumentation/nsb-news_list.msg-id-77527.html\nhttps://www.ledgerinsights.com/switzerland-digital-currency-federal-council-cbdc/","whitepaperLink":"https://www.snb.ch/en/mmr/papers/id/working_paper_2021_03","crossBorderProject":false,"uid":"7b1d6d0f-d8ec-403b-9352-74839c7c3dea"},{"tag":"tunisia-e-dinar","created":1793388340596,"country":"Tunisia","countries":[{"centralBank":"Central Bank of Tunisia","name":"Tunisia","uid":"9b311f8d-12c0-442f-bdc7-d2851b89e55f"}],"centralBank":"Central Bank of Tunisia","announcementYear":1554854400000,"digitalCurrency":"e-Dinar","status":"Research","type":"Retail","technology":"Universa","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bct.gov.tn/bct/siteprod/actualites.jsp?id=638\nhttps://www.amf.org.ae/en/content/arab-monetary-fund-releases-study-trends-issuing-central-bank-digital-currencies-cbdcs-arab","crossBorderProject":false,"uid":"2d652f4b-a80b-457c-8b2e-0caef156e9c7"},{"tag":"thailand-inthanon","created":1793388340625,"country":"Thailand","countries":[{"centralBank":"Bank of Thailand","name":"Thailand","uid":"7c520f9a-424a-4825-9db2-98464722f37c"}],"centralBank":"Bank of Thailand","announcementYear":1554854400000,"digitalCurrency":"Inthanon","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"R3 Corda ","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bot.or.th/English/FinancialMarkets/ProjectInthanon/Documents/Inthanon_Phase1_Report.pdf","crossBorderProject":false,"uid":"9d99c1f0-2cfd-4851-a91d-8e5c299e2517"},{"tag":"canada-jasper","created":1793388342317,"country":"Canada","countries":[{"centralBank":"Bank of Canada","name":"Canada","uid":"4c498a1f-65b8-4923-8c06-aa64aea1aba7"}],"centralBank":"Bank of Canada","announcementYear":1460160000000,"digitalCurrency":"Jasper","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"R3 Corda","technologyName":"R3 Corda","governanceStructure":"The project represents a collaborative effort between Payments Canada, its member financial institutions, the Bank of Canada and other market participants.","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Canada's digital currency initiative is one among a portfolio of contingencies to adapt to any possible scenario, and prepare for the future of money and payments. According to the Bank of Canada, it would consider launching a digital currency if \"the use of bank notes were to decline to a point where Canadians no longer had the option of using them for a wide range of transactions;\" or a competing digital currency were to become a widespread alternative to the Canadian dollar.\nIn 2018, the Bank of Canada, Bank of England, and Monetary Authority of Singapore jointly published a report examining alternative models for cross-border transactions. The report looked at three models, one of which used Wholesale Central Bank Digital Currency, and concluded \"the models could be used to improve access, speed and transparency of cross-border payments.\"\nCanada also piloted Project Jasper in 2017 which experimented with distributed ledger technologies for payments.","dlt":"DLT","goals":"The aim of this initiative is to understand how the use of DLT might deliver greater benefits to interbank payments.","announcementLink":"https://www.payments.ca/sites/default/files/jasper_phase_iii_whitepaper_final_0.pdf \n","crossBorderProject":false,"uid":"fea29a68-fbc3-44ff-a8b5-de2fcb8aded8"},{"tag":"iceland-rafkrona","created":1793388341774,"country":"Iceland","countries":[{"centralBank":"Central Bank of Iceland","name":"Iceland","uid":"b388b459-e07e-43bd-8835-2e33df24009d"}],"centralBank":"Central Bank of Iceland","announcementYear":1523318400000,"digitalCurrency":"Rafkrona","status":"Research","type":"Retail","structure":"Account/Token","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"When a pseudonymous founder released Auroracoin as the \"unofficial national digital currency of Iceland\" in 2014, the Central Bank of Iceland warned that it was not a recognized currency.\n\nThe Central Bank of Iceland released an interim research report for issuance of a CBDC, Rafkrona, in 2018, noting that it \"does not recommend that the rafkrona be introduced, and no decisions have been taken on the matter. Discussions with stakeholders lie ahead, as do further analysis and assessments of the pros and cons of issuing a rafkrona.\"","goals":"Determining the value of physical cash, comparing existing fintech solutions, and how a CBDC would affect the various stakeholders in Iceland's financial ecosystem.","announcementLink":"https://www.cb.is/library/Skraarsafn---EN/Reports/Special_Publication_12.pdf","crossBorderProject":false,"uid":"ad8e341c-da71-4c6b-928d-36b474f82b4e"},{"tag":"cross-border-project-lionrock","created":1793388342715,"country":"Hong Kong","countries":[{"centralBank":"Hong Kong Monetary Authority","name":"Hong Kong","uid":"45ab828f-3bd3-4251-b903-811192e3c1bf"}],"centralBank":"Hong Kong Monetary Authority","announcementYear":1554854400000,"digitalCurrency":"LionRock","status":"Research","type":"Wholesale","structure":"Token","technology":"R3 Corda, ConsenSys","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Bank of Thailand and the Hong Kong Monetary Authority (HKMA) announced the joint Inthanon-LionRock project in May 2019 to collaborate on research and share experiences from their respective CBDC studies. The joint CBDC research project is one of the financial innovation collaborations under the Memorandum of Understanding between the two regulatory authorities.","dlt":"DLT","goals":"Examining if, where and how distributed ledger technology (DLT) might enhance cross-border payments between commercial banks.","announcementLink":"https://cointelegraph.com/news/consensys-wins-contract-for-thailand-hong-kong-cbdc-project","crossBorderProject":true,"uid":"87cbaca8-f74a-42c9-a172-7fd7f8187948"},{"tag":"uruguay-e-peso","created":1793388340453,"country":"Uruguay","countries":[{"centralBank":"Central Bank of Uruguay","name":"Uruguay","uid":"2c3931b8-18cf-411a-a709-822e8f014470"}],"centralBank":"Central Bank of Uruguay","announcementYear":1397088000000,"digitalCurrency":"e-Peso","status":"Pilot","type":"Retail","structure":"Token","technology":"Roberto Giori Company","technologyName":"GSMT","governanceStructure":"Central Bank of Uruguay and ANTEL, other participants in the pilot program are system suppliers RGC; IBM, which provides storage support, circulation, and control","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The e-Peso project went on to be praised in international finance circles. In 2019, the International Monetary Fund (IMF) acknowledged the token's success in its annual report. It called Uruguay:\n\"one of the pioneers in [the] world in taking a proactive approach in evaluating the case for the CBDC.","dlt":"Non-DLT","goals":"Central banks should be part of the new digital paradigm. They should be prepared to fulfill their mandates in this digital era and ready to exploit new technologies in their favor. Central banks need to be proactive in order not to arrive too late to this digital revolution, to be able to fulfill their mandates, and to contribute to a healthy development of financial systems.","announcementLink":"https://beincrypto.com/uruguays-e-peso-how-a-small-nation-built-the-worlds-first-cbdc/\nhttps://www.bcu.gub.uy/Comunicaciones/Paginas/Sistema%20de%20pagos_octubre%202020.aspx\nhttps://iris.unibocconi.it/retrieve/handle/11565/4014058/92065/Masciandaro%20SUERF%20book%20%2B%20SUERF%20book%20chapter.pdf#page=86","crossBorderProject":false,"uid":"43a571c9-a047-45b1-aec4-9441186a97b6"},{"tag":"brazil-drex_phase_1","created":1793388342353,"country":"Brazil","countries":[{"centralBank":"Central Bank of Brazil","name":"Brazil","uid":"03107de0-22b7-41ce-8718-e07f4fab68ac"}],"centralBank":"Central Bank of Brazil","announcementYear":1491782400000,"digitalCurrency":"DREX (Phase 1)","status":"Proof of concept","type":"Wholesale","structure":"Token","technology":"R3 Corda\nHyperledger Fabric\nQuorum","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"announcementLink":"https://www.bcb.gov.br/content/publicacoes/outras_pub_alfa/Distributed_ledger_technical_research_in_Central_Bank_of_Brazil.pdf","crossBorderProject":false,"uid":"6ee021e2-d1d8-40fa-ab12-ec675a8a5ec7"},{"tag":"ecuador-dinero_electronico","created":1793388342126,"country":"Ecuador","countries":[{"centralBank":"Central Bank of Ecuador","name":"Ecuador","uid":"2b23f6f8-5910-4d1c-bfae-a21c0b276e3e"}],"centralBank":"Central Bank of Ecuador","announcementYear":1491782400000,"digitalCurrency":"Dinero electronico","status":"Cancelled","type":"Retail","structure":"Account","technology":"Mobile Money","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Ecuador was the first country to issue a digital currency (the so-called dinero electronico, or DE) in 2014. Widely mistrusted by citizens, the DE accounted for less than .003% of currency in circulation in 2016 and was abolished by the National Assembly in December 2017.","dlt":"Non-DLT","goals":"Electronic money will not only help the poor, he added, but will act as a cost-saving mechanism for the government: Ecuador spends more than $3 million every year to exchange deteriorating old notes for new dollars.","announcementLink":"https://cointelegraph.com/news/state-issued-digital-currencies-the-countries-which-adopted-rejected-or-researched-the-concept\nhttps://www.alt-m.org/2018/03/29/the-worlds-first-central-bank-electronic-money-has-come-and-gone-ecuador-2014-2018/","crossBorderProject":false,"uid":"b09f34d0-fa5d-4a63-ad5b-5512d9a402c1"},{"tag":"japan-stella","created":1793388341476,"country":"Japan","countries":[{"centralBank":"Bank of Japan","name":"Japan","uid":"d4e5d822-c424-4674-bac6-9bd2ab3517f6"}],"centralBank":"Bank of Japan","announcementYear":1460160000000,"digitalCurrency":"Stella","status":"Research","type":"Others","structure":"Token","technology":"R3 Corda","updateRate":[0,0,0,0,0,0,0,0,1,0,0,0],"description":"Project Stella is a joint research project conducted by the European Central Bank and Bank of Japan to explore the opportunity for DLT to support financial market infrastructure, payments, and securities settlement.\n- Split over 4 Phases, phase 1 used distributed ledger technology (DLT) to process large-scale payments; phase 2, tested securities settlement in a DLT setting; phase 3, applied DLT-related technologies to improve cross-border payment efficiency; and phase 4 focused on the confidentiality and auditability of settlement assets, such as CBDC, in a DLT environment.","dlt":"DLT","goals":"It explores the opportunity for DLT to improve financial market infrastructure to support payment and securities settlement.","announcementLink":"https://www.boj.or.jp/en/announcements/release_2020/data/rel201009e1.pdf\nhttps://www.boj.or.jp/en/announcements/release_2020/data/rel200212a1.pdf\nhttps://www.tbstat.com/wp/uploads/2020/08/KPMG-CBDC-Report.FINAL_.v.1.02.pdf","crossBorderProject":false,"uid":"fcb7eafa-0907-460a-929c-e104cbd3631d"},{"tag":"euro_area-stella","created":1793388341959,"country":"Euro Area","countries":[{"centralBank":"European Central Bank","name":"Euro Area","uid":"703d4bc8-079f-4398-8f2c-049a97da1a60"}],"centralBank":"European Central Bank","announcementYear":1460160000000,"digitalCurrency":"Stella","status":"Research","type":"Others","structure":"Token","technology":"R3 Corda","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"Project Stella is a joint research project conducted by the European Central Bank and Bank of Japan to explore the opportunity for DLT to support financial market infrastructure, payments, and securities settlement.\n- Split over 4 Phases, phase 1 used distributed ledger technology (DLT) to process large-scale payments; phase 2, tested securities settlement in a DLT setting; phase 3, applied DLT-related technologies to improve cross-border payment efficiency; and phase 4 focused on the confidentiality and auditability of settlement assets, such as CBDC, in a DLT environment.","dlt":"DLT","goals":"It explores the opportunity for using DLT to improve financial market infrastructure to support payment and securities settlement.","announcementLink":"https://www.boj.or.jp/en/announcements/release_2020/data/rel201009e1.pdf\nhttps://www.boj.or.jp/en/announcements/release_2020/data/rel200212a1.pdf\nhttps://www.tbstat.com/wp/uploads/2020/08/KPMG-CBDC-Report.FINAL_.v.1.02.pdf","crossBorderProject":false,"uid":"b5c47ff6-ef73-4398-a42c-0fc6134dc69f"},{"tag":"united_kingdom-rscoin","created":1793388340505,"country":"United Kingdom","countries":[{"centralBank":"Bank of England","name":"United Kingdom","uid":"ba17cd45-22ef-4ad3-a280-db356f3bf65e"}],"centralBank":"Bank of England","announcementYear":1428624000000,"digitalCurrency":"RSCoin","status":"Research","type":"Retail","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The BoE was one of the first central banks to initiate research into CBDCs with its February 2015 \"One Bank Research Agenda\" discussion paper. Now, the BoE is continuing its research.","goals":"The architecture of the CBDC is currently undecided. The BOE is still exploring the tradeoffs between a direct model and a hybrid model, but according to the latest discussion paper, is leaning towards a hybrid model.","announcementLink":"https://www.bankofengland.co.uk/paper/2021/responses-to-the-bank-of-englands-march-2020-discussion-paper-on-cbdc\nhttps://www.bankofengland.co.uk/news/2021/september/membership-of-cbdc-engagement-and-technology-forums","crossBorderProject":false,"uid":"e5852091-f203-4382-9ec4-fc9e6c26ebb8"},{"tag":"finland-avant","created":1793388341946,"country":"Finland","countries":[{"centralBank":"Bank of Finland","name":"Finland","uid":"6e20cf53-2101-44dd-8f7b-403116f745d4"}],"centralBank":"Bank of Finland","announcementYear":702777600000,"digitalCurrency":"Avant","status":"Cancelled","type":"Retail","structure":"Account","technology":"Toimiraha","updateRate":[0,0,0,0,0,0,0,0,0,0,0,0],"description":"The Avant smart card system created by the Bank of Finland in the 1990's can be considered the world's first CBDC and the only one so far that has gone into production. Avant cards were based on smart card technology similar to that used in debit and credit cards today. Even though the system was initiated, developed, and for the first few years operated by the central bank, it was eventually spun off and sold to commercial banks. Once debit cards became less expensive and were upgraded to use smart card technology, Avant became obsolete and was shut down","dlt":"Non-DLT","goals":"Avant's ambition was to set up a single national electronic purse system - the commercial banks would bring their customer bases, and their ATM networks. The Bank of Finland expected that Avant would take over from coins for small purchases.","announcementLink":"https://helda.helsinki.fi/bof/bitstream/handle/123456789/17590/BoFER_8_2020.pdf","crossBorderProject":false,"uid":"242a03d0-2253-48e7-acb6-4954f4f4d21f"}]