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CBDC

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.

CBDC   -   Sep 27, 2022 Amazon is in a Group Selected by European Central Bank to Design the Digital Euro
Digital Euro

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.

CBDC   -   Sep 27, 2022 Nigerian fintech Flutterwave receives Central Bank's key payment license, promotes eNaira
Flutterwave logo with Nigerian National Bank background

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

BIS Future Monetary System metaphor tree from the annual economic report
CBDC   -   Sep 30, 2022 The Future Monetary System From BIS

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.

Alex Harutunian
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CBDC   -   Sep 30, 2022 The Future Monetary System From BIS
BIS Future Monetary System metaphor tree from the annual economic report

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.

Alex Harutunian
CBDC   -   Sep 27, 2022 Amazon is in a Group Selected by European Central Bank to Design the Digital Euro
Digital Euro

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.

Alex Harutunian
CBDC   -   Sep 27, 2022 Nigerian fintech Flutterwave receives Central Bank's key payment license, promotes eNaira
Flutterwave logo with Nigerian National Bank background

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

Alex Harutunian
Aug 30, 2022 E-Cash vs. CBDC in U.S.
E-Cash vs. CBDC in U.S.

Along with talking about CBDC, we may encounter such a concept as “E-cash”. Using the material taken from the OMFIF website, we tried to…

Observers
CBDC   -   Aug 25, 2022 The Roadmap for Adoption of CBDC in Reserve Bank of Zimbabwe
The Roadmap for Adoption of CBDC in Reserve Bank of Zimbabwe

Zimbabwean central bank, RBZ sketches a plan for development of its CBDC, hires tech contractors.

Observers
CBDC   -   Aug 19, 2022 Digital Ruble: CBR Outlook

The Central Bank of Russia (CBR) issued a paper on its monetary policy goals and priorities for the 2023–2025 period. Digital Ruble is…

Sasha Markevich
CBDC   -   Aug 19, 2022 The Central Bank of Nigeria has Unveiled New Plans to Strengthen the Use of eNaira
eNaira application screenshots. Source: enaira.gov.ng

The Central Bank of Nigeria announced the relaunch of its CBDC, eNaira, in an effort to increase its use which is low now according to…

Observers
CBDC   -   May 30, 2022 US Department of Commerce Seeks Public Comments on the Country's Crypto Plan

US DOC request for public comments is in response to President Biden’s executive order in March asking for agencies to coordinate their approach to the country's digital asset plan

Alex Harutunian
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