Tags CBDC

Tag: CBDC

G7 finance group endorses policy principals for retail CBDCs

Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).

CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

HKMA initiates first CBDC steps with whitepaper launch

The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.

Bhutan to pilot central bank digital currency through Ripple partnership

The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.

Fluency scores $1.3m in seed funding to grow CBDC blockchain platform

Blockchain start-up Fluency has reeled in $1.3m in seed funding from various unnamed European investors, giving the company a total valuation of $23.5m.

Nigerian central bank to launch new CBDC through Bitt collaboration

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

Thailand’s central bank unveils plans for digital currency pilot in 2022

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

Bank of Korea set to kick-off central bank digital currency pilot

The Bank of Korea (BOK) has revealed it is planning to initiate its central bank digital currency (CBDC) pilot later this month.

Bank of England FinTech chief underlines privacy, crime tackling benefits of...

The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.

Norway is in no rush to introduce digital currency as use...

While only 4% of transactions in Norway are conducted with cash, the nation's central bank is in no hurry to introduce a digital currency.

See how insurance firms can use it to personalise their offering

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