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Blockchain CBDC Cryptocurrency 
Fintech News
MAY 27, 2024
Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds.
127 
PYMNTS
JUNE 8, 2020
United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.
135 
The Fintech Times
MAY 29, 2024
Cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins remain prominent and continue to see innovation worldwide; particularly in the Middle East and Africa (MEA). For citizens of these countries, cryptocurrencies can actually offer an alternative avenue for safeguarding assets during times of economic uncertainty.
111 
Clearly Payments
JANUARY 4, 2024
Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.
105 
The Fintech Times
NOVEMBER 16, 2024
With advancements in payment systems, blockchain exploration, and digital currencies, these nations are harnessing technology to transform their financial landscapes and drive future development. Fintech is playing a pivotal role in the economic growth of Armenia, Azerbaijan, and Georgia.
69 
PYMNTS
SEPTEMBER 9, 2020
Sheila Warren, head of blockchain at the World Economic Forum, the Swiss-based trade group, said collaborations between the public and private sectors in the exploration of CBDC can help central banks understand the range of technology possibilities.
132 
Clearly Payments
AUGUST 29, 2024
With the rise of digital payments, cryptocurrencies, and fintech innovations, CBDCs represent a new frontier in the evolution of money. This article covers what CBDCs are, how they have evolved until 2024, their impact on payments, and the future they could shape. What Are CBDCs? Any decision to issue a CBDC in the U.S.
105 
The Fintech Times
JUNE 19, 2024
What could it mean for the future of the financial ecosystem, for the crypto space in the region, and the future of a UAE CBDC? ” Enabling innovation and a future CBDC? ” Enabling innovation and a future CBDC? . ” Enabling innovation and a future CBDC? Middle Eastern ‘MiCA moment’?
69 
Clearly Payments
AUGUST 24, 2024
According to the Bank for International Settlements (BIS), 114 central banks, representing over 95% of global GDP, were engaged in some form of CBDC research or development by the end of 2023. The adoption of blockchain technology has further revolutionized cross-border P2P transfers.
105 
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. CBDCs are a digital form of traditional money issued and governed by a country’s central bank.
105 
PYMNTS
MAY 21, 2020
Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. At least some of these efforts seem aimed at stanching the rise of cryptocurrencies, which proponents say can compete with traditional currencies because of their decentralized nature. So a retail CBDC is now [the ECB’s] main focus.”.
The Fintech Times
MAY 26, 2024
Addressing privacy concerns Promoting CBDCs with a range of benefits aside, most consumers are concerned about privacy issues, says Andrew Carrier , member of the executive committee at blockchain finance firm Quant. This may mean that, initially, acceptance of the retail CBDC is gradual.
98 
PYMNTS
SEPTEMBER 17, 2020
But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.
72 
PYMNTS
OCTOBER 28, 2018
According to Coindesk , the companies behind the new token include decentralized exchange startups Kyber Network and Republic Protocol , as well as cryptocurrency custody company BitGo. Ethereum is set to launch a new token at the beginning of 2019. You could use a note which represented a pound of gold and it was well accepted,” said Chan.
62 
PYMNTS
JULY 16, 2020
Blockchain initiative Teller has notched $1 million in a Framework Ventures-led seed capital to create a decentralized finance (DeFi) credit risk tool, according to an announcement. The bank will also start using the cryptocurrency for Hong Kong Monetary Authority transactions in September. million in cryptocurrency, CoinDesk reported.
59 
PYMNTS
AUGUST 21, 2020
As many as 80 percent of the 66 central banks polled by the Bank of International Settlements said they were at some stage of CBDC development. China has been at the forefront of those efforts, at least as measured in terms of debuting an actual CBDC, and is in the midst of testing its digital yuan in various settings.
107 
PYMNTS
JUNE 19, 2020
The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.
98 
Fintech News
JANUARY 9, 2024
Cryptocurrencies Market Resurgence The resurgence in cryptocurrency prices and the anticipated halving of Bitcoin in mid-2024 has reignited interest in the potential of distributed ledger technology to reshape the financial landscape. It remains to be seen how the industry will evolve and address these challenges in 2024.
107 
PYMNTS
NOVEMBER 27, 2019
The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! The ECB has been open to the idea, and could already be experimenting.
94 
PYMNTS
OCTOBER 7, 2020
According to the report, the third phase will include distributing the currency and overseeing its circulation, with blockchain technology used to monitor how that goes. The Bank of Korea dissolved a committee dedicated to cryptocurrency research in January 2019 but has since revisited the issue, the report stated.
Fintech Review
APRIL 24, 2024
Distinct from decentralised cryptocurrencies such as Bitcoin , CBDCs are centralised and backed by government authorities. Fintech Review delves into the characteristics of CBDCs, examining their potential benefits, and addressing the complexities they introduce to the global financial system. The post What are CBDCs?
91 
Fintech News
DECEMBER 13, 2024
dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. Operating on Ethereum and other blockchain networks, XSGD boasts a market cap exceeding $18 million. The growing adoption of stablecoins across Asia marks a significant shift in the regions financial landscape. Traditionally, U.S.
106 
PYMNTS
JANUARY 20, 2021
In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Banque De France Has Finished CBDC Trial.
54 
PYMNTS
JANUARY 20, 2020
As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.
PYMNTS
APRIL 7, 2020
Shipping technology company CargoSmart Limited led an experimental blockchain project for the release of cargo with the Shanghai International Port Group (SIPG), Tesla and China Ocean Shipping Company (COSCO), according to an announcement. Truckers were then able to retrieve cargo at the terminal quicker.
PYMNTS
MAY 20, 2020
Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.
52 
PYMNTS
DECEMBER 22, 2020
The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. The European Central Bank has been a vocal supporter of a digital euro, advocating for a CBDC.
PYMNTS
APRIL 24, 2020
China is the first country to launch a central bank digital currency (CBDC) or digital currency electronic payment (DCEP). The digital yuan is structured using a central bank-issued CBDC for commercial banks and a commercial bank-issued CBDC focused on the public.
83 
PYMNTS
APRIL 7, 2020
Shipping technology company CargoSmart Limited led an experimental blockchain project for the release of cargo with the Shanghai International Port Group (SIPG), Tesla and China Ocean Shipping Company (COSCO), according to an announcement. Truckers were then able to retrieve cargo at the terminal quicker.
PYMNTS
MAY 27, 2020
As noted in this space last week, about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC). He pointed to the concept of synthetic central bank digital currencies ( CBDC ).
57 
PYMNTS
MARCH 22, 2019
There are other downsides to central bank-issued digital currency (CBDC), he explained. As cryptocurrencies rise in popularity, there’s been a drop in cash for payments in places like Sweden. Earlier this year, CNBC reported that JPMorgan Chase introduced the first cryptocurrency from a major bank based in the United States.
69 
PYMNTS
SEPTEMBER 3, 2018
Japanese eCommerce company Rakuten is planning to acquire the cryptocurrency exchange service called everybody’s bitcoin Inc., The Reserve Bank of India (RBI) is thinking of creating a cryptocurrency backed by the rupee, Cryptovest reported. according to an announcement. and everybody’s bitcoin parent company Traders Investment, Inc.
41 
Clearly Payments
FEBRUARY 19, 2024
The digital currency and payments market encapsulates various facets, including cryptocurrencies like Bitcoin and Ethereum, central bank digital currencies (CBDCs), stablecoins pegged to real-world assets, digital wallets , and blockchain-based payment networks.
102 
Fintech News
MARCH 5, 2024
The session will shed light on the regulator’s drive towards innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC payments and the successful real-time payments between PromptPay in Thailand and PayNow in Singapore. 7 CBDCs – The New Frontier of Money?
106 
PYMNTS
FEBRUARY 25, 2020
Called Avanti, the venture is put forward by Caitlin Long, a legislative champion for blockchain and a former Wall Street veteran. Blockchain circles have been enamored with central bank digital currencies (CBDCs), but the feeling doesn’t seem to be mutual as banks aren’t as interested in that form.
52 
Fintech Finance
MAY 23, 2024
Reltime , a leading innovator in blockchain and Web3 technology, is thrilled to announce the launch of its state-of-the-art Global Payment Gateway (GW), designed to empower merchants and shops worldwide to accept payments from all popular digital currencies. Zero Set-up Fee: Making it accessible for all businesses.
PYMNTS
NOVEMBER 25, 2020
To that end, a Bank for International Settlements ( BIS ) study concludes that “embedded regulation” might offer a solution for stablecoins, defined as cryptocurrencies with values tied to fiat currencies or other assets. The Value Of CBDC . In a paper that debuted Tuesday (Nov.
92 
Fintech News
MARCH 5, 2024
The session will shed light on the regulator’s drive towards innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC payments and the successful real-time payments between PromptPay in Thailand and PayNow in Singapore. 7 CBDCs – The New Frontier of Money?
PYMNTS
DECEMBER 12, 2019
Yao’s hiring was anticipated because of his contribution to the development of the central bank digital currency (CBDC) and his deep understanding of FinTech and blockchain, according to Caijing. Yao was the head of China’s central bank digital currency initiative. . It would then use the information to recommend products.
The Fintech Times
JUNE 6, 2024
This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). Several commercial banks have already started using the mBridge platform to facilitate cross-border CBDC payments among participating jurisdictions.
45 
CoinRemitter
FEBRUARY 9, 2024
It operates on a blockchain network and is issued and backed by the central bank of the respective country. CBDCs exist only in digital form and can be stored using compatible electronic devices, unlike physical and paper-based cash. Unlike cryptocurrencies, they’re issued by centralized authorities and can be used as legal tenders.
CoinRemitter
JULY 9, 2024
This blog will look into the key regulatory trends anticipated in 2024, equipping active cryptocurrency users with the knowledge they need to navigate this evolving landscape. Experts are witnessing the potential of integrating AI on blockchain to revolutionize crypto trading strategies. So, let’s begin.
40 
Faster Payments Council
SEPTEMBER 12, 2022
The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs. With the number of ongoing global CBDC initiatives and the publication of the new series bulletins the panel will explore the possible impacts of CBDCs on cross-border payments.
88 
PYMNTS
JANUARY 20, 2020
As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.
40
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