Bank of Brazil Includes 14 Participants in Its CBDC Pilot

The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions. Banco Central do Brasil (the Central Bank of Brazil) plans to include more participants in its digital currency scheme. The list, released by the bank on May 24, includes the names of all the participants with whom the CBDC digital … Read more

Bank of Japan Plans to Launch CBDC Pilot Program in April 

The bank plans to invite private companies to participate in a CBDC Forum, which it will set up.  As the CBDC effort intensifies across many countries, the Bank of Japan has launched a pilot program for its CBDC. The executive director for the central bank, Uchida Shinichi, talked about the development on the 17th of … Read more