Central bank digital currencies (CBDC)

Showing Latest Central bank digital currencies (CBDC)

CBDCs and Big Tech present opportunity for banks to embrace crypto

15 Oct 21 @ 08:51

Cypherium and Boston Consulting Group (BCG) have released a joint white paper finding that banks should potentially embrace crypto payments amid the emergence of Central Bank Digital Currencies (CBDCs) and... read more

Digital Pound Foundation launches to support development of CBDC and digital money ecosystem

14 Oct 21 @ 08:30

The Digital Pound Foundation has been launched by a core group of founding members as an independent forum to support the implementation of a well-designed digital Pound and digital money... read more

Hong Kong shows strong signal to enter CBDC market with e-HKD

12 Oct 21 @ 08:10

The Hong Kong Monetary Authority (HKMA) has recently published a technical whitepaper on retail central bank digital currency (CBDC), becoming one of the 82 countries now exploring the move to... read more

Consultation report seeks confirmation that the principles for PFMI apply to stablecoin

06 Oct 21 @ 12:33

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) has published, for public consultation, preliminary guidance that confirms and clarifies that stablecoin arrangements... read more

Group of influential Central banks explore what retail CBDC might look like

01 Oct 21 @ 12:00

A group of seven central banks (Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank and Swiss National Bank), together with the Bank... read more

Visa launch stablecoin and CBDC Universal Payments Channel

30 Sep 21 @ 15:23

Visa has announced the launch of a Universal Payments Channel that will support transactions between stablecoins and CBDCs. It an ambitious idea from Visa at this time as it hopes... read more

BIS successfully trials multi CBDC platform for international payments

28 Sep 21 @ 12:39

A prototype of multiple Central Bank Digital Currencies (mCBDCs) developed by the Bank for International Settlements Innovation Hub and four central banks has demonstrated the potential of using digital currencies... read more

Europeans want local autonomy of national digital currencies

14 Sep 21 @ 15:54

A majority of Europeans want their own governments to regulate cryptocurrency while a growing number would also support the creation of national digital currencies in order to assert some monetary... read more

Benoît Cœuré on the record – The future of CBDC

13 Sep 21 @ 08:27

Central banks should move forward with CBDC projects to avoid falling behind comparable private sector payment initiatives that are already taking root, Benoît Cœuré, Head of Innovation at Bank for... read more

BIS ramps up Project Dunbar multi country cross-border CBDC transactions

02 Sep 21 @ 09:56

The Bank for International Settlements (BIS) and four central banks will test the use of CBDC for cross-border transactions, as global regulators seek to improve the speed and movement of... read more

US and European processors jostle for pole position in Europe

31 Aug 21 @ 12:48

The pace of evolution in Europe’s payment market is evident in all areas – including processors. Sweeping changes in consumer payment behaviour, merchant acceptance and democratisation of services have produced... read more

Jamaica launches first version of Central Bank Digital Currency

26 Aug 21 @ 08:53

Bank of Jamaica (BOJ) has announced the inaugural minting of Jamaica’s first batch of central bank digital currency (CBDC). A total of J$230 million dollars in CBDC will be issued... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more