132 articles tagged with this keyword
News/payments
Colombia's central bank is testing how Ripple's new end-to-end CBDC platform could help boost the country's high-value payment system.
16 June 2023
A final decision is yet to be made about the issuing of a digital euro by the European Central Bank (ECB). The earliest a CBDC could be released would be 2026, but as it becomes more of a reality more concerns are being raised.
26 May 2023
News/crypto
Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York.
22 May 2023
Fresh from its acquisition of crypto cutoday provider Metaco, Ripple is rolling out an end-to-end CBDC platform for central banks, governments, and financial institutions to issue their own digital currencies and stablecoins.
19 May 2023
Taking up a challenge from Brazil's central bank, Visa has built a prototype of a programmable finance platform for farmers using a CBDC.
10 May 2023
The risks of rolling out a digital euro currently outweigh the benefits and a CBDC should not be introduced unless "new elements " emerge, says a paper prepared for the European Parliament.
News/inclusion
In 2022 Ghana began piloting a retail central bank digital currency, exploring both an online and an offline version of the so-called eCedi. The Bank of Ghana's Maxwell Opoku-Afari ran through the findings at last week's Payments Canada Summit.
08 May 2023
Core banking vendor Temenos has been preparing for the digital currency future, integrating with two DLT-based CBDC technology stacks.
27 April 2023
A digital euro could be made available via existing banking apps or via a dedicated Eurosystem app, according to the ECB's latest progress report on the project.
26 April 2023
Exploring CBDCs and the future of technology in the Nordics and across Europe, Paige McNamee, senior reporter at Finextra discussed the painpoints central bank digital currencies could help to alleviate and what level of cybersecurity, AML and KYC is required.
25 April 2023
News/people
Merchants should be obliged to accept a future digital euro as legal tender, whilst people and businesses should also be able to obtain the CBDC at their banks, says ECB executive board member Fabio Panetta.
News/markets
In the fireside chat with the Monetary Authority of Singapore (MAS), chief fintech officer, Sopnendu Mohanty, discussed the current financial landscape in Singapore and the fintech developments in the region with moderator Sasha Qadri.
19 April 2023
The Deputy Governor of the Bank of England for Financial Stability Sir Jon Cunliffe explored how the central bank is looking to secure the UK's economic future and whether digital currencies and assets are the answer at Innovate Finance Global Summit, held at Guildhall in London.
18 April 2023
The International Monetary Fund is publishing a CBDC handbook amid growing demand for its assistance that has already seen the fund engage with nearly 30 countries investigating digital currencies.
13 April 2023
The Central Bank of Montenegro (CBCG) is working with blockchain and crypto specialist Ripple on a CBDC pilot.
11 April 2023
Citi’s Digital Money Symposium brought together experts and businesses in the industry to explore trends and future developments in the digital money market.
31 March 2023
News/regulation
The Bank for International Settlements has opened its European Hub, located in both Paris and Frankfurt, with a focus on decentralised finance, wholesale CBDC, cyber security and green finance.
29 March 2023
NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.
27 March 2023
ANZ is partnering with two universities to trial offline CBDC payments via smart cards that can be loaded with funds and used like physical cash.
08 March 2023
An offline CBDC could offer a compliment to cash that would boost financial inclusion and preserve privacy, suggests a note from the Bank of Canada.
07 March 2023
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