CBDC

CBDC
SWIFT Shapes Global CBDC Framework Following 8-Month Study
October 05, 2022

A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among countries with varying and emerging digital ecosystems. Get the Full Story Complete the form to unlock this article and enjoy...

CBDC
ECB Holds Off on P2P Digital Euro Transactions
September 29, 2022

A digital euro might be based on blockchain technology, but it will require middlemen to validate transactions, at least to begin with. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CBDC
China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
September 29, 2022

The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and real-value transactions.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CBDC
Could an Internationalized Digital Euro Threaten the Dollar?
September 28, 2022

A digital euro isn’t going to replace the United States dollar as the world’s reserve currency and leading international payments currency anytime soon. But it could help weaken it, or even speed its demise. Get the Full Story Complete the form to unlock this article...

CBDC
Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
September 28, 2022

The central banks of Sweden and Israel announced Wednesday (Sept. 28) that they will start exploring how central bank digital currencies (CBDCs) can be used for international retail and remittance payments in collaboration with the central bank of Norway and the Bank for International Settlements....

CBDC
ECB Advisor Defends Amazon’s Role in Digital Euro Project
September 28, 2022

An advisor to the European Central Bank (ECB) is defending the decision to make Amazon one of the five companies to test a digital euro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CBDC
ECB’s Panetta: Wholesale CBDC Infrastructure Should Evolve to Meet Needs
September 26, 2022

Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), has a speech in which he touts the opportunity for central bank digital currencies (CBDCs) to enhance payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CBDC
A Year After Launch, Local Platforms Seem Ready to Embrace eNaira
September 26, 2022

Nearly a year after its launch in October 2021, Nigeria’s central bank digital currency (CBDC), the eNaira, is beginning to gain traction in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CBDC
US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
September 26, 2022

Negotiations on a stablecoin regulatory bill last week indicated that the congressional sense of urgency on a U.S. central bank digital currency (CBDC) isn’t very strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...