LIME Exchange

LIME Exchange LIME Exchange is licensed under the Monetary Authority of Singapore's Payment Services Act.

It is a trusted trading platform for individuals to grow, manage, and use cryptocurrency holdings with world-class security, compliance, and customer experience

The Swiss National Bank (SNB), the country's central bank, completed the second phase of Project Helvetia with its partn...
13/01/2022

The Swiss National Bank (SNB), the country's central bank, completed the second phase of Project Helvetia with its partners by integrating wholesale CBDC into the existing back-office systems and processes of five banks, namely Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS.

The Bank for International Settlements and Swiss financial infrastructure service provider SIX joined as partners of SNB in Project Helvetia Phase II, which took place during the fourth quarter of 2021.

The Swiss National Bank integrated wholesale CBDC in banking systems with five commercial banks as part of the second phase of Project Helvetia.

China’s central bank has launched a pilot version of a wallet app for the digital yuan in a push to expand its usage to ...
04/01/2022

China’s central bank has launched a pilot version of a wallet app for the digital yuan in a push to expand its usage to more people.

The app is available on China’s Android app stores and Apple’s app store. It allows users to open a digital yuan wallet and spend the currency.

China's central bank has launched a pilot version of a wallet app for its sovereign digital currency in a push to expand its usage to more people.

HSBC and Wells Fargo (NYSE:WFC) have begun using a blockchain platform to settle bilateral foreign currency (FX) trades ...
13/12/2021

HSBC and Wells Fargo (NYSE:WFC) have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign of how technology which underpins crypto assets is spreading to more mainstream activities.

Baton Systems, the company behind the Core-FX distributed ledger technology, or DLT, said on Monday the two banks are using the platform to settle FX trades using real currencies and real accounts, in less than three minutes.

HSBC and Wells Fargo use blockchain to settle forex trades

DCash is a payment system designed specifically for use with the digital EC currency. The wallet app allows holders to m...
09/12/2021

DCash is a payment system designed specifically for use with the digital EC currency. The wallet app allows holders to make purchases and person-to-person transfers of the CBDC within the Eastern Caribbean Currency Union (ECCU).

The Commonwealth of Dominica and the territory of Montserrat have launched the DCash payment system and EC dollar CBDC for their residents to use.

According to a rough translation of the 177-page agreement published on Wednesday, the coalition calls for a new “dynami...
28/11/2021

According to a rough translation of the 177-page agreement published on Wednesday, the coalition calls for a new “dynamic in relation to the opportunities and risks from new financial innovations,” such as crypto assets and blockchain businesses

The German coalition has cited crypto in its coalition agreement, vowing to make an even playing field for traditional finance and the crypto sector.

GUANGZHOU, China — JD.com is accepting China’s digital yuan for payment on its e-commerce platform during Singles Day fo...
11/11/2021

GUANGZHOU, China — JD.com is accepting China’s digital yuan for payment on its e-commerce platform during Singles Day for the first time.

While China’s digital currency, the e-CNY, has not officially rolled out nationwide, JD’s move to accept it during the biggest shopping event in the world highlights the Chinese central bank’s push to trial it in a large-scale environment.

https://www.cnbc.com/2021/11/11/china-digital-currency-jd-begins-accepting-e-cny-on-singles-day.html

JD said that as of Nov. 11, more than 100,000 people had used China's digital currency on the company's app during the Singles Day promotion period.

CBDCs are now being looked at by many governments in Africa as a tool to speed up their financial inclusion initiatives....
10/11/2021

CBDCs are now being looked at by many governments in Africa as a tool to speed up their financial inclusion initiatives. Most recently, Ghana joined the growing list of African countries that are currently experimenting with CBDC use cases.

The government of Zimbabwe is not considering Bitcoin as legal tender, one official stated.

Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network...
25/10/2021

Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has learned.

That includes bitcoin wallets, credit and debit cards that earn rewards in crypto and enable digital assets to be spent, and loyalty programs where airline or hotel points can be converted into bitcoin.

The announcement could lead to a significant expansion in the ways regular Americans earn and spend bitcoin and other cryptocurrencies.

According to a Oct. 18 report from Bloomberg, Kwame Oppong, head of fintech and innovation at the Bank of Ghana (BoG), r...
19/10/2021

According to a Oct. 18 report from Bloomberg, Kwame Oppong, head of fintech and innovation at the Bank of Ghana (BoG), revealed that the country's digital currency “e-cedi” will support offline transactions during the Ghana Economic Forum on Monday.

Ghana’s hopes to promote the use of its forthcoming central bank digital currency among all segments of society by developing payment functionality.

The BOJ will move to the second phase of experiments on CBDC starting in April next year, which will focus on testing so...
16/10/2021

The BOJ will move to the second phase of experiments on CBDC starting in April next year, which will focus on testing some key features such as whether to set a limit on the amount that each entity can hold, the central bank said in a hand-out at a meeting with the private sector on Friday.

Any digital currency the Bank of Japan issues should have a simple design that private firms can use to develop financial and payment services for customers, a senior central bank official said on Friday.

Nigeria’s CBDC issuance approval was revealed in a federal court hearing held on Oct. 2 led by Justice Taiwo Abayomi Tai...
04/10/2021

Nigeria’s CBDC issuance approval was revealed in a federal court hearing held on Oct. 2 led by Justice Taiwo Abayomi Taiwo, according to a report by Voice of Nigeria. The official eNaira website says that the digital version of the Nigerian naira will be made available universally, stating “anybody can hold it.”

The Central Bank of Nigeria has got approval for eNaira issuance alongside its fiat currency.

The partnership announcement comes the same day the CBN issued preliminary guidelines for its central bank digital curre...
31/08/2021

The partnership announcement comes the same day the CBN issued preliminary guidelines for its central bank digital currency, or CBDC, called the e-naira. The initiative from Nigeria’s central bank, called Project Giant, will be pegged to the value of the country’s fiat currency, the naira. The CBN reportedly plans to pilot the CBDC starting in October, though the central bank in nearby Ghana is also considering a digital currency rollout soon.

The Central Bank of Nigeria said it had chosen Bitt Inc based on the company’s “technological competence, efficiency, platform security, interoperability, and implementation experience.”

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