Showing results for 'cbdc' in Articles
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Boston Fed and MIT complete feasibility project into US CBDC

09 Jan 23 @ 13:59

A joint research effort between the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology into the technical feasibility of a potential CBDC (central bank digital currency) is... read more

The future of UK consumer payments – no CBDC?

04 Jan 23 @ 09:00

A new forecast from UK Finance predicts that debit cards will be the overwhelming favourite way for UK consumers to pay in ten years’ time. It also forecasts the decline... read more

Digital Financial Market Infrastructure Consortium reveal thoughts on CBDC

23 Nov 22 @ 18:08

Project New Era is a privately led initiative by the Digital Financial Market Infrastructure Consortium (DFMI), evaluating the path towards a retail Central Bank Digital Currency (CBDC) in the UK.... read more

CBDC takes centre stage both sides of the Atlantic

14 Nov 22 @ 17:15

It was not that long ago that everybody was wondering what CBDC (Central Bank Digital Currency) was – furthermore, many who did no saw no real application for it behind... read more

BIS and central banks explore cross-border CBDC using DeFi

04 Nov 22 @ 12:18

The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Project Marianaexplores automated market... read more

BIS Project mBridge CBDC pilot deemed a success

26 Oct 22 @ 18:53

The Bank for International Settlements (BIS) says the six-week Project mBridge pilot to evaluate whether CBDC would be useful for foreign exchange transfers has successfully processed 160 payments worth around... read more

JCB launch “JCBDC” CBDC at POS trial in Japan

25 Oct 22 @ 18:46

Japan’s JCB has launched “JCBDC” (JCB Digital Currency) pilot project with IDEMIA and FinTech company Soft Space . JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution... read more

Indian central bank announces digital rupee CBDC trial

11 Oct 22 @ 17:10

The Reserve Bank of India has said it will pilot a digital rupee for specific use cases and also released a concept note on Central Bank Digital Currency (CBDC). The... read more

SWIFT paves way for global use of CBDCs and tokenised assets

05 Oct 22 @ 16:54

SWIFT says that it has demonstrated that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth... read more

Two more Central Banks announce CBDC intentions

26 Sep 22 @ 17:17

As we know, Central Banks around the world are, for the majority, looking at running pilots or proof of concepts on CBDC. The Hong Kong Monetary Authority (HKMA) has now... read more

Reserve Bank of Australia to explore use cases for CBDC

11 Aug 22 @ 13:35

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC).... read more

BIS Project Dunbar cross-border CBDC initiative deemed a success

22 Mar 22 @ 17:12

The Bank for International Settlements (BIS) has announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (CBDC). Project Dunbar as the... read more

Brazil’s central bank actively working of CBDC and crypto

17 Mar 22 @ 17:23

The Central Bank of Brazil (BCB) has announced plans to start a pilot program of a central bank digital currency (CBDC). In September, the BCB told the Brazilian Senate that it planned... read more

Riksbank weighs moving forward with e-krona CBDC

23 Feb 22 @ 12:17

The Riksbank is investigating whether it is possible to issue a digital complement to cash, a so-called e-krona. Just like cash, the e-krona would be issued by the Riksbank and... read more

Long Read: Are central banks going off the idea of CBDC?

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

India’s Finance Minister announces plan to launch digital Rupee CBDC

02 Feb 22 @ 18:07

India’s central bank says it will launch a digital rupee CBDC in the next financial year, according to the country’s finance minister. “Introduction of a central bank digital currency (CBDC)... read more

Visa launch CBDC solution that targets central banks

14 Jan 22 @ 10:52

Visa has announced plans to offer central banks and financial institutions a central bank digital currency (CBDC) offering in Q2 2022. The payment provider developed the Visa CBDC Payment Module... read more

Project Helvetia successfully tests wholesale CBDC settlement with banks

13 Jan 22 @ 10:28

Project Helvetia, a joint initiative between The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX, has reached the... read more

BdF, SNB and BIS complete Project Jura cross-border wCBDC experiment

13 Dec 21 @ 11:05

Banque de France (BdF), Swiss National Bank (SNB) and Bank for International Settlements’ (BIS) Innovation Hub have successfully completed Project Jura, an experiment in cross-border wholesale CBDC, in collaboration with Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.... read more

UK CBDC – Threat or Opportunity for payments industry?

09 Dec 21 @ 10:36

The transition to electronic money continues at pace and has been accelerated by Covid-19. The Bank of England (the Bank) reports that around 95% of the funds that people hold... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more