Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.
CBDC
Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.
SWIFT completes another phase of its CBDC trials. The focus is on cross-border settlements between different CBDCs. The conclusion so far is that their existing systems can handle it.
BIS devoted one third of its 2022 Annual Economic Report for the discussion of the Future Monetary System. In their vision, Central Banks will have the core role, adopting innovations of DLT, leading and supervising the ecosystem of banks, PSP and other participants.
The Bank for International Settlements Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority cooperated to create a two-tier CBDC system that mirrors the current Hong Kong currency system and features unusual CBDC-backed stablecoins.
The Bank for International Settlements Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority cooperated to create a two-tier CBDC system that mirrors the current Hong Kong currency system and features unusual CBDC-backed stablecoins.
SWIFT completes another phase of its CBDC trials. The focus is on cross-border settlements between different CBDCs. The conclusion so far is that their existing systems can handle it.
BIS devoted one third of its 2022 Annual Economic Report for the discussion of the Future Monetary System. In their vision, Central Banks will have the core role, adopting innovations of DLT, leading and supervising the ecosystem of banks, PSP and other participants.
The European Central Bank chose five entities, including US internet behemoth Amazon, to prototype the frontend of digital euro project. The work will not be remunerated.
The Central Bank of Nigeria (CBN) has granted Flutterwave, a switching and processing license for electronic payments, as the firm seeks to extend its services across the African country. Flutterwave made a significant effort to streamline adoption of eNaira
