Ghana collaborates with the Monetary Authority of Singapore in moneytech. Digital yuan expands to Hong Kong while workers in the mainland convert their e-CNY salaries into cash. Also several bullish developments in the race to tokenize real-world assets.

The Universal Digital Payments Network allows blockchain-based stablecoins and CBDC networks to interoperate with each other. Deutsche Bank and SC Ventures have been testing the system with on-chain swaps using USDC and EURS stablecoins.

The German banking giant has announced a global partnership for custody and tokenization services with Swiss infrastructure specialist Taurus. But a discussion on X has questioned whether this is a solution to a problem that doesn’t exist.

Deutsche Bank, has successfully completed its proof of concept known as Project DAMA, with technical partner Memento Blockchain. The project aims to show how a permissioned platform can provide a one-stop-shop solution to facilitate digital fund management and investment servicing.