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.

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 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.

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

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?

Central Bank 105

Central Bank Digital Currency CBDC Cross-Border Payments 105

PYMNTS

DECEMBER 28, 2020

According to the Bank for International Settlements (BIS), as of July, some 36 central banks published studies on the concept of a central bank digital currency (CBDC) also known as a digital fiat currency, the report stated. “In SWIFT currently expedites cross-border payments for 11,000 banks across more than 200 countries.

Central Bank 142

Central Bank SWIFT Digital Currency CBDC 142

Fintech News

DECEMBER 13, 2024

dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. This trend highlights efforts to enhance monetary sovereignty, boost financial inclusion, and modernise payment systems in an increasingly digital world. Traditionally, U.S.

Stablecoins 111

Stablecoins Cross-Border Cross-Border Payments Caps 111

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?

Central Bank 91

Central Bank CBDC Cross-Border Payments Cross-Border 91

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? But what is the significance of its latest decision regarding stablecoins?

CBDC 69

CBDC Stablecoins Regulations Disputes 69

PYMNTS

NOVEMBER 27, 2019

Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC). DLT would also help in terms of cross-border payments, he said. He said that “disorderly approaches and heterogeneous adaptations” could happen if the bank didn’t take decisive action.

Digital Currency 94

Digital Currency Central Bank Distributed Ledger Technology (DLT) CBDC 94

The Fintech Times

MAY 26, 2024

Andrew Carrier , member of the executive committee at Quant “Privacy remains one of the most important discussion points in the CBDC debate, with the likes of the European Central Bank confirming that it is working on state-of-the-art security measures to ensure privacy protection.

CBDC 98

CBDC Central Bank Multi-Currency Privacy 98

PYMNTS

JUNE 17, 2020

The plan also calls for establishing a “cross-border payment network” that would use digital wallets tied to a free-trade agreement negotiated by Japan, China and South Korea, Nikkei Asian Review said. Mersch said a retail CBDC could be based on deposit accounts opened with a central bank.

Digital Currency 89

Digital Currency Central Bank CBDC Deposit Account 89

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.

APACS 114

APACS FinTech Digital Currency Blockchain 114

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.

Bitcoin 69

Bitcoin Central Bank Cross-Border Payments Digital Currency 69

PYMNTS

JANUARY 28, 2021

With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are gaining traction in new areas of the market, and corporate treasurers want in. Early adopters were placing bitcoin on their balance sheets, for example, or accepting payment in cryptocurrency.

Treasury 84

Treasury Cross-Border Cross-Border Payments Interoperability 84

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. The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

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). The platform now invites further international participation and private sector proposals for value-added solutions.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

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?

APACS 111

APACS Embedded Finance Financial Inclusion CBDC 111

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.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

PYMNTS

JANUARY 14, 2021

As quoted by Reuters, she termed the cryptocurrency a “highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity.” As reported by Reuters this week, Lagarde said at a conference sponsored by the newswire that bitcoin should be regulated — worldwide.

Money Laundering 61

Money Laundering Bitcoin Regulations Central Bank 61

Clearly Payments

FEBRUARY 19, 2024

Today, more traditional payment gateways have started to incorporate digital currency features. As of February 2024, the total market capitalization of cryptocurrencies fluctuated around an estimated $2 trillion USD.

Process 102

Process Digital Currency Online and Mobile Banking Payments 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?

APACS 98

APACS Embedded Finance Financial Inclusion CBDC 98

Tearsheet

FEBRUARY 8, 2024

While many countries worldwide are exploring the potential of Central Bank Digital Currency (CBDC), China continues to expand its e-CNY in the market. China introduced its CBDC to the world at the Olympic Games in February 2022. In the US, the CBDC would be a third form of the US Dollar after paper and coins.

CBDC 59

CBDC Digital Currency Federal Reserve Privacy 59

Finovate

JUNE 5, 2024

Much, if not all, of the cryptocurrency industry wanted it. Those backing the repeal – which included both Republicans and Democrats – claimed that the current policy was too restrictive and made it harder for financial institutions to work with cryptocurrency businesses. House of Representatives wanted it.

Cross-Border 69

Cross-Border Cross-Border Payments Cryptocurrency CBDC 69

The Fintech Times

JANUARY 24, 2024

While not currently a major point for debate in the lead-up to the US Presidential election, Trump first made his views on a CBDC clear at a rally in Portsmouth, New Hampshire on 18 January 2024 during the Republican presidential primary campaign. Over half (64 per cent) agreed with the former President.

CBDC 95

CBDC Digital Currency Central Bank Privacy 95

The Payments Association

MARCH 18, 2025

During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Senator Lee has been among the most vocal opponents of a US CBDC, expressing concerns about potential government overreach.

Federal Reserve 88

Federal Reserve Stablecoins Fed Settlement 88

The Fintech Times

FEBRUARY 15, 2025

While central banks across the globe have begun researching the possibility of introducing a central bank digital currency (CBDC), only three countries have officially launched one, and we still await one from a genuine world leader – aside from China piloting the digital Yuan with questionable levels of adoption.

CBDC 90

CBDC Central Bank Stablecoins Digital Currency 90