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Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.
Understand the significance of central bank digital currencies (CBDCs) and their impact on the global financial system. Explore various national initiatives.
While the idea of a unified ledger is not new, a proposition coming from the ECB, alongside the much-hyped digital euro, suggests a big shift could be coming.
SWIFT's take on unified ledgers, IMF's CBDC research and Brazil DREX vision. In the tokenization segment, Visa unveils a new tokenization platform that'll allow central banks and financial institutions to launch their own stablecoins.
More than 180 million digital yuan wallets have now been created — but over in the UK, campaigners fear "Britcoin" could plunge privacy and freedom of expression into peril.
Observers
More than 180 million digital yuan wallets have now been created — but over in the UK, campaigners fear "Britcoin" could plunge privacy and freedom of expression into peril.
Observers
While the idea of a unified ledger is not new, a proposition coming from the ECB, alongside the much-hyped digital euro, suggests a big shift could be coming.
Rebecca Denton
SWIFT's take on unified ledgers, IMF's CBDC research and Brazil DREX vision. In the tokenization segment, Visa unveils a new tokenization platform that'll allow central banks and financial institutions to launch their own stablecoins.
Observers
An ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.
Observers
Australia and Canada abandon retail CBDCs, as a new Atlantic Council report shows 44 countries are now piloting one. Meanwhile, HSBC buys and sells tokenized gold with the help of quantum-secure technology.
Observers
Doubts grow on whether the U.S. will ever launch a digital dollar—as Russia steps up efforts to make its digital ruble a mainstream payment method.
Observers
Concerns are growing that central banks are beginning to roll out products and services that directly compete with the private sector—and critics say this could cause big problems.
Mathieu LegrandNEW YORK; Sept. 10, 2024 – Accenture (NYSE: ACN) announced that it has invested in EMTECH, a global financial technology company that provides software-as-a-service platforms to help central banks streamline, connect and modernize their processes and operations. This investment, made through Accenture Ventures, will support EMTECH in its efforts to transform
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