Kapronasia

mbridge

22
Nov

Project mBridge faces an uncertain future

We recently wrote about the implications of the Bank of International Settlements (BIS) possibly exiting the mBridge cross-border CBDC project it has overseen, but we did not expect the Switzerland-based entity would make its decision so soon. On October 31, BIS announced its departure from mBridge, and on Nov. 11…
7
Nov

Why is BIS having second thoughts about mBridge?

Ever since the China-led central bank digital currency project mBridge was launched several years ago, there have been whispers that its ultimate goal was to develop an alternative payments rail that could circumvent the U.S.-dominated international financial system. That is because mBridge aims to establish direct links between the central…
23
Jul

Retail CBDCs are off to a slow start in Asia

The hype is being separated from the reality when it comes to retail central bank digital currencies (CBDCs) in Asia, and adoption is underwhelming. Nearly five years after China launched its first digital renminbi (e-CNY) trials, only two other Asian countries actually have a functional retail CBDC: India (though it…

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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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