The Chinese-led mBridge protocol is making progress, with the second digital yuan payment transaction publicly recorded. India's CBDC program has five million users but no public transaction figures to share. Experimentation with tokenization is expanding across the region.

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. This week the Hong Kong Monetary Authority (HKMA) announced a new wholesale CBDC initiative,