Bank of Spain partners with Cecabank, Abanca and Adhara Blockchain for CBDC pilot
The Bank of Spain (BDE) publicly called for partners to test central bank digital currency (CBDC) a year ago. On January 3, 2023, the Bank of Spain announced a resolution, declaring a partnership with Cecabank, Abanca, and Adhara Blockchain.
The CBDC pilot will be conducted in the next six months, simulating the processing and settlement of wholesale CBDC in a single tokenized form, as well as interbank payments through the exchange of multiple wholesale CBDCs issued by different central banks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PoolX x Bitget Earn SWTCH promotion
New spot margin trading pair — AVNT/USDT!
Crypto Loan Carnival round 24: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 25: Borrow ETH, SOL to enjoy an APR discount of up to 40%
Crypto prices
More








