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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. Indonesias successful completion of the Digital Rupiah PoC highlights its vision and capacity to navigate the complexities of CBDC development.

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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). The indirect model featured an on-chain DLT-based solution developed by UDPN engineers. The PoC explored two models.

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Examining Thailand’s Fintech Landscape

The Fintech Times

A country renowned for natural and historical attractions, the Southeast Asian nation of Thailand also boasts a growing fintech ecosystem. Key developments for fintech in Thailand Thailand’s fintech ecosystem boasted over $28billion in assets under management (AUM) in 2023.

FinTech 116
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France’s Central Bank Latest To Ponder A Digital Currency

PYMNTS

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. “We, The ECB has been open to the idea, and could already be experimenting.

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Central Bank Digital Currencies (CBDCs) in 2024

Clearly Payments

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.

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Meet the 18 Finalists for the 2024 Global Fintech Hackcelerator

Fintech News

The Monetary Authority of Singapore (MAS) has unveiled the finalists for the 2024 Global Fintech Hackcelerator. The winners of the competition will be announced on 7 November 2024 during the SFF Fintech Excellence Awards. Here Are the 18 Finalists for Global Fintech Hackcelerator 2024 1.

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