CBDC

CBDC
New Zealand Central Bank Seeks Public Feedback on CBDC
September 30, 2021

The Reserve Bank of New Zealand (RBNZ) released two issues papers on Thursday (Sept. 30) that outline the central bank’s thoughts about the pros and cons of circulating a central bank digital currency (CBDC), and is seeking public input before crafting a more specific blueprint....

CBDC
BoE Enlists Payments, FinTech Firms to Study CBDC
September 29, 2021

The Bank of England has staffed two third-party working groups, which will provide input as the central bank looks into a central bank digital currency (CBDC), The Block reported. The groups are the Engagement Forum and the Technology Forum. Get the Full Story Complete the...

CBDC
CBDCs’ Initial Deployments May Pose Issues for Merchants Who Shun Mandates
September 29, 2021

In the sweeping, global push to bring central bank digital currencies (CBDCs) from concept into reality, the smaller nations are making the biggest splashes. Their launches, and successes and failures, will be instructive for economic powerhouses such as the United States and China. Get the...

CBDC
Nigeria’s Central Bank Debuts eNaira Website Ahead of Oct. 1 Currency Launch
September 28, 2021

The main website for Nigeria’s central bank digital currency (CBDC) has gone live, indicating that the launch of the eNaira digital currency is on track for Oct. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CBDC
Central Bank Digital Currencies Can Cut Cross-Border Transaction Time 
September 28, 2021

Central bank digital currencies (CBDCs) can dramatically reduce the time needed for cross-border payments to clear from days to mere seconds, while cutting costs in half, according to a Tuesday (Sept. 28) report from Reuters.  Get the Full Story Complete the form to unlock this...

CBDC
Nigeria’s Central Bank Preps for Launch of eNaira Digital Currency
September 27, 2021

The official website of the Central Bank of Nigeria (CBN) digital currency is live, Nigerian publication THISDAY reported. 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...

CBDC
OCC Nominee Envisions ‘Deliberately Radical’ Redesign of US Banking System
September 26, 2021

New blood, as they say, shakes things up a bit. 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...