131 articles tagged with this keyword
News/payments
Bank of England deputy governor Jon Cunlifffe has told a committee of MPs that a digital pound has a better than 50/50 chance of coming to fruition.
28 February 2023
News/crypto
Ahead of NextGen Nordics, which will return to Stockholm on 25 April 2023, Finextra will be publishing a series of ‘sneak peeks’, covering the topics and interviewing the panellists speaking at the event.
24 February 2023
A unified programmable ledger could unleash an explosion of innovation in payments and money comparable to the arrival of the smartphone, according to Bank for International Settlements general manager Agustín Carstens.
23 February 2023
Following a two-year investigation phase, the Bank of Japan is kicking off pilot trials of a digital yen.
20 February 2023
Finextra will be back in Stockholm to bring the new world of Nordic banking to life for the NextGen Nordics 2023 conference on the 25th of April.
03 February 2023
News/inclusion
India's CBDC plans have taken a step forward with news that the country's largest retailer, Reliance Retail, has agreed to start accepting digital rupee payments.
A Universal Digital Payments Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDCs) was launched at the World Economic Forum (WEF) in Davos. The network aims to provide interoperability between these digital currencies.
20 January 2023
China’s digital yuan app has released a function which allows payments to be made from mobile phones while offline and without any battery left on the device.
13 January 2023
The Federal Reserve Bank of Boston has released a statement announcing that research into the technical feasibility of a potential digital dollar has concluded.
23 December 2022
Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.
16 December 2022
News/regulation
The Chancellor of Exchequer Jeremy Hunt has announced The Edinburgh Reforms, a set of developments to catalyse competition and growth in the UK FS sector, that includes moves on a CBDC and the move to Net Zero.
09 December 2022
The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency.
08 December 2022
News/wholesale
The central banks of France and Luxembourg have used an experimental CBDC to settle a EUR100 million digital native bond.
30 November 2022
NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.
23 November 2022
News/markets
Blockchain outfit Quant is teaming up with UST to push the adoption of institutional digital assets by offering technical integration and tokenisation services to central and commercial banks and capital markets participants.
22 November 2022
The collapse of FTX, and the fact that its failures were more organisational than technological, highlights the importance of properly regulating the crypto sector, says Bank of England deputy governor Jon Cunliffe.
21 November 2022
News/security
Tourbillon is a new project which aims to explore how to improve cyber resiliency, scalability, and privacy as a prototype CBDC. The project has been launched by BIS Innovation Hub’s Swiss Centre.
14 November 2022
The Monetary Authority of Singapore and the Federal Reserve Bank of New York are teaming up to explore the use of wholesale CBDCs for cross-border payments.
11 November 2022
The Federal Reserve Bank of New York has developed a wholesale CBDC prototype for an experiment on cross-border digital currency transactions supported by blockchain technology.
09 November 2022
Day two of Singapore Fintech Festival kicked off with Ravi Menon, managing director of the Monetary Authority of Singapore on the global plenary stage highlighting that innovation and digitalisation of financial services has marched on, gathered pace, and has become more pervasive.
04 November 2022
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