CBDC

Long read/CBDC

Paige McNamee Senior Reporter at Finextra

What does the Digital Securities Sandbox mean for UK capital markets?

23 August 2023

News/payments

Mastercard launches CBDC partner programme

Mastercard has put together a central bank digital currency partner programme comprised of firms from across the ecosystem, including Ripple and Consensys.

18 August 2023

News/payments

Big names join Brazil's CBDC pilot phase

Brazil's central bank has picked 16 proposals - from firms including Nubank, Microsoft, Visa and SETL - for the pilot phase of its Drex CBDC project.

16 August 2023

News/crypto

Russia begins digital ruble pilot

The Bank of Russia has enlisted 13 banks for pilot testing of a digital ruble involving real-world transactions.

10 August 2023

News/crypto

CBDC benefits found in Digital Dollar Project’s pilot study

The Digital Dollar Project has concluded their pilot study into digital currency opportunities alongside Western Union, BDO Unibank in the Philippines, and Accenture.

04 August 2023

News/crypto

Palau and Ripple pilot Government-backed stablecoin

Western Pacific island state the Republic of Palau has teamed up with Ripple on a government-issued stablecoin pilot.

27 July 2023

News/crypto

BofE taps Nuggets for digital pound privacy layer

The Bank of England has enlisted payments platform Nuggets to work on a privacy and identity layer for any future digital pound.

07 July 2023

News/crypto

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.

07 July 2023

Finextra TV/payments

The potential introduction of the Digital Euro: What do Banks need to consider?

Daniel Szmukler, EBA Director / Innovation, Member Relations and Strategic Engagement, Euro Banking Association, speaks at EBAday 2023 about what the EBA Working Group has identified as key considerations and challenges for banks with the potential introduction of a digital euro. We look at their latest report on retail CBDCs and wholesale CBDCs, the next steps banks should be taking, and where the EBA’s research efforts will go next in the digital payments space.

04 July 2023

Finextra TV/payments

Analysing Regional Initiatives & Relevance of FIs in Cross-Border CBDC Interoperability

Paul Ruggieri, SVP, Product Management, Real Time Payments, Mastercard, speaks at EBAday 2023 about the current state of cross-border interoperability. Through bilateral agreements and multilateral platforms, we gain an understanding of what's in it for the financial institutions and how FIs can stay relevant in a multilateral cross-border CBDC future.

29 June 2023

Finextra TV/payments

The Value of Central Bank Digital Currency in the European Payment Landscape

Alessandro Agnoletti, Group Head of Digital Currency & DLT, Nexi Group, speaks at EBAday 2023 about the value that central bank digital currency will bring to the European payment landscape, what adoption by both consumers and banks will look like, and the role that banks and other regulated third parties will play.

29 June 2023

News/payments

EC stresses privacy in digital euro plan

The European Commission has published its legislative proposal establishing the legal framework for a possible digital euro, stressing that the CBDC would be a compliment to, not replacement for, cash.

28 June 2023

News/crypto

EBAday: CBDC is coming to Europe, but are we ready for it?

In the final session of the evening in breakout room 2 for EBAday day one, ‘What is the outlook for CBDCs in Europe?’, a panel of experts discussed where CBDCs are heading in Europe and what possibilities could arise for banks, merchants, and consumers in the future.

21 June 2023

News/payments

Colombian central bank partners Ripple for blockchain pilot

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

Finextra TV/crypto

Banking Empowered: Harnessing Crypto, DLT, and CBDC Innovations

Speaking at TCF 2023, Jeremy Boot, Product Strategist, Digital Assets & Currencies, Temenos, discusses the innovation happening in crypto, distributed ledger technology, and central bank digital currency, and how banks can leverage these innovations to meet their goals.

02 June 2023

News/payments

EBAday 2023: Digital euro on unsteady ground

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

Finextra TV/payments

The future of resilient CBDC systems & cross-border architecture

Beju Shah, Head of Nordic Centre, BIS Innovation Hub, Bank for International Settlements, speaks at NextGen Nordics 2023, about the Hub's latest projects that are looking into creating resilient CBDC systems, building a new architecture for cross-border retail CBDCs, and using data to combat money laundering across firms and boarders.

23 May 2023