Tag: central bank digital currencies (CBDCs)
Eurogroup: Digital Euro can be a ‘catalyst for innovation’
The Eurogroup has continued its investigation into the potential of a digital euro, stating that it should complement and not replace cash.
The group believes...
UK set for a year of financial transformation as CBDC consultation...
Economic Secretary to the Treasury, Andrew Griffith, gave an update on development plans to introduce a digital pound, with a consultation reportedly due to...
Turkey achieves payments milestone with first successful CBDC transaction
Turkey is on its way to revolutionising payments for its citizens with the first successful transaction using the CBDC Turkish Lira now a fact.
The...
ECB’s plans to issue a Digital Euro to be decided late...
The European Central Bank’s (ECB) latest progress report has outlined that once its two-year investigation into central bank digital currencies (CBDCs) is over in...
With Rishi Sunak in power, are we more likely to see...
Carlos León, Director, Financial Market Infrastructures & Digital Currencies Solutions at FNA, writes for Payment Expert on the increasing likelihood of Britain introducing a...
Japan to trial Digital Yen CBDC in Spring 2023
The Bank of Japan (BoJ) has announced it will collaborate with three megabanks and regional banks to trial a Digital Yen for spring 2023.
Initially,...
Do CBDCs offer financial stability in an emerging cashless society?
With cash becoming less prevalent year-by-year, financial institutions and providers have been accelerating methods to digitise money whether it be through banks, or currencies...
Clickatell and the CBN significantly improve access to Nigeria’s CBDC
Chat commerce platform Clickatell has been chosen by the Central Bank of Nigeria (CBN) to develop a widely accessible USSD channel for CBDC entry.
The...
Worldline chosen to help envision Europe’s CBDC
The European Central Bank (ECB) has chosen payments provider Worldline among four other companies to help create a digital euro interface.
As part of the...
SunCash and PopID launch biometric scanning in a ‘first-ever’ for CBDC...
Bahamians can now make purchases in Sun Dollars by only using their faces and the biometric data on them.
