CBDC

CBDC
Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
May 23, 2022

Wall Street lenders want the U.S. government to slow down on their plans for a digital dollar, Bloomberg reported Monday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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CBDC Weekly: Digital Euro Could Launch in Four Years; Chile Looks Ahead; SWIFT Wants CBDC...
May 23, 2022

A digital euro could be as little as four years off, according to a top European Union official. 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...

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SWIFT to Test CBDC Ability to Facilitate Cross-Border Payments
May 22, 2022

SWIFT, the global provider of financial messaging services, is looking at tests to link various central bank digital currency (CBDC) networks for cross-border transactions, a report said Saturday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CBDC
ECB’s Panetta: Digital Euro Could Launch Within Four Years
May 16, 2022

Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, said Monday (May 16) that a digital euro could become a reality within the next four years, calling it a necessary step toward continued economic growth and strength. Get the Full Story Complete...

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Nigerians Can Pay Bills With CBDC eNaira
May 10, 2022

The Central Bank of Nigeria (CBN) became the latest governmental body to allow bill payments using digital currency when it approved the use of the upgraded version of its central bank digital currency (CBDC), eNaira, according to a Vanguard report Monday (May 9). Get the...

CBDC
What if They Built a Digital Dollar and No One Used It?
May 09, 2022

There have been countless discussions, and more than a few arguments, for and against the need for a U.S. central bank digital currency (CBDC). What’s been missing, to a large degree, is analysis about whether the general public actually wants a CBDC, or if they...

CBDC
CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital...
May 09, 2022

Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital currency (CBDC), and half are actively developing a digital version of their fiat money. Get the Full Story Complete the...

CBDC
90% of Central Banks Working on CBDCs, BIS Reports
May 06, 2022

Ninety percent of the central banks surveyed by the Bank for International Settlements are exploring the creation a central bank digital currency (CBDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CBDC
EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
May 05, 2022

EMTECH, a central bank digital currency (CBDC) infrastructure provider, has collaborated with HaitiPay to demo its first CBDC and FinTech proof of concept. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...