Central bank digital currencies (CBDC)

Showing Latest Central bank digital currencies (CBDC)

Could CBDC push shadow economy further into the darkness of crypto?

03 Mar 21 @ 16:55

If central bank continue to push CBDC and move towards digital cash it is likely to force a shadow economy worth trillions of dollars to recede further into the darkness.... read more

What is the potential impact of a digital euro on the financial system

23 Feb 21 @ 17:00

Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more

How has the regulatory landscape for the finance industry changed in 2020 – early 2021?

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

Davos and digital currencies – What world leaders think of cryptocurrency

22 Feb 21 @ 15:16

Digital currencies, whether these are central-bank issued, price-stabilised cryptocurrencies (“stablecoins”), or non-stabilised cryptocurrencies such as Bitcoin, are poised to have an impact on the financial system. In recent months we... read more

Report: Results of the third BIS survey on central bank digital currency

16 Feb 21 @ 17:44

Most central banks are exploring central bank digital currency (CBDCs), and their work continues apace amid the Covid-19 pandemic. As a whole, central banks are moving into more advanced stages... read more

Mastercard announces it will allow cryptocurrencies on its network

11 Feb 21 @ 16:32

Hot on the heels of Visa and its recent announcement, Mastercard says it will begin allowing cardholders to transact in certain cryptocurrencies on its network, the latest company to embrace digital... read more

SWIFT and PBoC set up JV for internationalisation of digital yuan

08 Feb 21 @ 17:33

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... read more

ECB set to make major announcement on digital euro plans

04 Feb 21 @ 17:02

The European Central Bank has announced that it will take the enormous decision in spring, whether to move ahead with the initial work to launch a digital euro. The complex... read more

Visa CEO say network ready to back Crypto assets

01 Feb 21 @ 10:48

Visa already has a number of stakeholdings in cryptocurrency via wallet and platform partnerships and digital asset companies like BlockFi, Fold, Bitpanda and Crypto.com already issue Visa-branded products. However, Al... read more

PBOC extends CBDC pilot to include contactless and NFC wearables

19 Jan 21 @ 12:56

The People’s Bank of China (PBOC) is reported to be extending its central bank digital currency (CBDC) pilot include a contactless wallet and NFC wearables to enable users to make... read more

JD.com first to accept China’s CBDC digital yuan

14 Dec 20 @ 12:30

A little more than a year ago Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC,) stated that the digital yuan CBDC... read more

Project Helvetia – BIS and Swiss National Bank say CBDC experiment successful

10 Dec 20 @ 17:11

The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX say the completion of a joint proof-of-concept experiment that... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more