Fintech News
JANUARY 21, 2025
Additionally, central bank digital currencies (CBDCs) are now a key trend, with initiatives such as Project Orchid in Singapore, the Digital Rupiah in Indonesia, and a retail CBDC project being piloted in Thailand. Another driver of open finance in Southeast Asia is the emergence of innovative business models.
Finovate
NOVEMBER 18, 2024
While this revenue figure has grown 7% each year since 2018, McKinsey estimates the growth will slow to 5% per year for the next five years. ” This figure was quite surprising, as I haven’t looked into CBDC projects since 2021, when only 43 countries were exploring the use of a CBDC. trillion transactions worth $1.8
Finextra
JUNE 18, 2025
Future-proofing with ISO 20022 compliance, worldwide migration to this modern structure providing flexibility for new and future services (cards, Instant Payment, CBDC, e-Invoicing, …).
PYMNTS
MARCH 30, 2020
The organization said that “the aim is to explore the potentialities offered by this technology, and to identify concrete cases integrating Central Bank Digital Currencies [CBDC] in innovative procedures for the clearing and settlement of tokenized financial assets.”
PYMNTS
NOVEMBER 10, 2020
Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. The announcement did not specify the regulations, but it did note that the approach will ensure that the CBDC meets “the same minimum standards we expect of other payment methods.”.
PYMNTS
FEBRUARY 21, 2020
Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. Just 1 percent of the Swedish gross domestic product (GDP) existed in banknotes in 2018, Riksbank data shows. .
PYMNTS
NOVEMBER 12, 2020
The bar is set very high for private stablecoins, and I don’t think they have met that bar,” the official said in a panel discussion, noting that a central bank digital currency (CBDC) might be the answer “where you would get that guarantee and certainty of value.”. Bitcoin last exceeded the $16,000 price point on Jan. as of 7:17 p.m.
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