LONDON, Nov 22 (Reuters) – Britain needs a “digital alternative” to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned...
Central bank digital currencies (CBDCs) have the potential to fundamentally alter the current monetary system. Potentially they could bring about a whole range of advantages compared to the status...
Some CBDC architects have foregone soothing assurances or ludicrous euphemisms for brusque honesty. Ivan Zimin, Director of the Financial Technologies Department of the Bank of Russia, puts it this...
By Pratham Rawat The eNaira, Nigeria’s central bank digital currency (CBDC), was released over a year ago to widespread interest. However, as of October 2022, it barely had any...
Project mBridge experiments with a multi-CBDC common platform for wholesale cross-border payments focusing on the use case of international trade, which has the potential to connect central banks and...
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the...
The Central Bank of the Argentine Republic has accelerated its work on legislation to implement a CBDC in the country.After a series of remarks about the potential benefits of...
The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones....
This article, survey some of the potential competitive effects of central bank digital currency (CBDC) on the market for commercial bank deposits, the market for means of payments, and...
Mastercard has completed a central bank digital currency pilot with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre. The project tested how authorized parties, who have...