CBDC Collaboration Between Hong Kong and Israel Prioritizes Data Privacy and Security
A collaboration between the Bank for International Settlements (BIS) and the central banks of Hong Kong and Israel has demonstrated that central bank digital currencies (CBDCs) can settle on centralized ledgers without c...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Dubbed Project Sela, the joint experiment has proven that a retail CBDC that combines accessibility, competition and security, while retaining the advantages of physical cash, is feasible, the BIS wrote in a statement....
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