BIS Proposes Hybrid Model for CBDC That Includes Retail Banks
Amid controversy surrounding the central bank digital currency (CBDC) model, the Bank for International Settlements (BIS) has proposed a new ...
Tag: CBDC
Stay updated on CBDC trends and innovations. PaymentsJournal provides expert analysis and news on the impact and future of Central Bank Digital Currencies in the global financial system.
Lawmaker Says a Bitcoin Reserve Is a Better Alternative to an EU CBDC
As European lawmakers continue to discuss the merits of a digital euro, a French magistrate said that plans for the ...
A CBDC Could Be the Foundation of India’s Future Economy
India has been at the forefront of adopting emerging payments, and recent comments from a central bank official suggest that ...
SWIFT to Pilot Cross-Border Digital Asset Transactions Next Year
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) will begin trials of digital asset transactions across its global messaging network. ...
Financial Firms Join Project Agora to Develop Cross-Border Payments Standard
Project Agora, the cross-border payments project proposed by the Bank for International Settlements (BIS), has received the backing of 41 ...
ECB Building Digital Euro as a Private Payment Alternative
The European Central Bank addressed concerns that its planned central bank digital currency, the digital euro, could be used to ...
Bank of England Spotlights Tokenization as Key Innovation Initiative
The Bank of England has released its blueprint for maintaining agility in the rapidly evolving payments landscape. The central bank ...
China Asks WeChat to Trim Mobile Payments Share Amid Digital Yuan Pilot
China has reportedly asked Tencent’s WeChat to reduce its mobile payments market share as the country begins piloting its digital ...
Hong Kong Pilots Digital Yuan for Cross-Border Payments
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have announced that residents in Hong Kong ...
Philippines to Release Wholesale CBDC in Two Years
In 2020, the Philippines initiated an exploratory study on the viability of central bank digital currencies (CBDCs). Now, the region ...
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