central bank digital currencies

Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
October 03, 2024  |  Digital Payments

Swift wants to let banks test tokenized transactions on its global messaging network. Beginning next year, financial institutions (FIs) will be able to carry out...

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Canada Shifts Focus From CBDCs to ‘Payments Landscape’
Canada Shifts Focus From CBDCs to ‘Payments Landscape’
September 23, 2024  |  CBDC

Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a...

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Report: Digital Currency Projects Underway in 134 Countries
Report: Digital Currency Projects Underway in 134 Countries
September 17, 2024  |  CBDC

New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...

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California Puts Car Titles On-Chain in Push for Blockchain Usability
California Puts Car Titles On-Chain in Push for Blockchain Usability
July 31, 2024  |  Blockchain

Fraud detection and prevention are among the many promises blockchain technology holds. But unlike certain other far-from-realized promises, the security of on-chain digitization is finding...

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CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
May 29, 2024  |  CBDC

The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...

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ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
May 06, 2024  |  CBDC

Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if...

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Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
March 07, 2024  |  CBDC

In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...

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Agility and Robust Risk Management Key to APAC Success in 2024, Says Discover Global Network
Agility and Robust Risk Management Key to APAC Success in 2024, Says Discover Global Network
February 06, 2024  |  Authentication

In recent years, the Asia-Pacific (APAC) region has emerged as a driving force in the digital payments space, with the region’s rapid technology adoption and...

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Switzerland’s Central Bank Plans December CBDC Pilot
Switzerland’s Central Bank Plans December CBDC Pilot
November 02, 2023  |  CBDC

The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...

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