CBDC

CBDC
Chinese Payments Giant WeChat to Accept Digital Yuan 
January 06, 2022

China’s largest messaging app says it will begin accepting the country’s digital yuan.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

CBDC
Will 2022 Be the Year That Central Banks, Private Banks Collaborate on CBDCs?
January 06, 2022

As central banks examine digital currencies (CBDCs) and the private sector delves ever further into stablecoins, convergence and collaboration may be overarching themes of 2022 and beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CBDC
More Central Banks Announce CBDC Plans to Defend Monetary Home Turf vs Cryptos
January 04, 2022

Defense, it is said, is the best offense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

CBDC
Bank of Mexico Aims for 2024 CBDC Launch 
January 03, 2022

The Bank of Mexico wants to have its own digital currency circulating sometime in the next two years, in an effort to foster financial inclusion in a cash-heavy country, according to published reports.  Get the Full Story Complete the form to unlock this article and...

CBDC
Bank of Jamaica Targets Q1 CBDC National Rollout 
January 03, 2022

The Bank of Jamaica (BOJ) recently wrapped up the pilot of its central bank digital currency (CBDC) and says it’s on track for a nationwide rollout in the first quarter of 2022, according to a Cointelegraph report Monday (Jan. 3).  Get the Full Story Complete...

CBDC
Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
December 29, 2021

If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical cash,” something jumps out of the “Report on Trends and Progress of Banking in India 2020-21,” released on Tuesday (Dec....

CBDC
Binance CEO: CBDCs ‘Very Positive’ for Crypto Industry
December 21, 2021

Central bank digital currencies (CBDCs) could ultimately mean good things for the crypto industry, the CEO of the crypto exchange Binance said Tuesday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CBDC
Crossing Borders and Crossing Swords, France Successfully Trials CBDC Bond Trading
December 16, 2021

The Banque de France announced Thursday (Dec. 16) that it has successfully finished the first stage of its plan to create a wholesale central bank digital currency (CBDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CBDC
Ukrainian TASCOMBANK Will Test Digital Currency on Stellar Blockchain 
December 14, 2021

The Ukrainian commercial bank TASCOMBANK is working with the FinTech Bitt to issue an electronic hryvnia — the country’s national currency — on the Stellar network.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...