CBDCs

CBDCs

Politika

Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report

Africa’s first CBDC launched in late October.

e-naira, nigeria

Politika

Bank of England and UK Treasury to Assess Case for a CBDC Next Year

The earliest time a digital pound could be rolled out is the second half of the decade.

bank of england

Politika

ECB’s Panetta Says CBDCs ‘Likely’ to Be Legal Tender: Report

However, this status “should not be taken for granted.”

ecb, sign

Politika

Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report

There is, however, no urgent need for a retail CBDC in the country, according to MAS Managing Director Ravi Menon.

Singapore

Politika

Banque de France Calls for Further Examination of Wholesale CBDCs

A wholesale CBDC would be of benefit to cross-border payments, the bank concluded.

Banque de France

Politika

Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: Report

The machine requires a passport, but not a bank account.

Shanghai skyline (Freeman Zhou/Unsplash)

Politika

ECB’s Panetta Says Digital Euro Should Expand Overall Payment Solutions

For the central bank’s digital currency to be successful it should not be seen as competition for private payment solutions.

ECB image via Shutterstock

Politika

mBridge Reveals 15 Use Cases and 22 Heavyweight Participants

Goldman Sachs, HSBC, Société Générale, and China’s biggest state-owned banks are part of the project.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Finans

Informe de JPMorgan afirma que las CBDC pueden ahorrar a las empresas $100.000 millones al año en pagos transfronterizos

El trabajo publicado considera una red de monedas digitales de múltiples bancos centrales en toda la región de la Asociación de Naciones del Sudeste Asiático y sus corredores.

La sede de JPMorgan en Asia-Pacífico, en Hong Kong. (Jerome Favre/Bloomberg via Getty Images)

Finans

JPMorgan Report Says CBDCs Can Save Firms $100B a Year in Cross-Border Costs

The report considers a network of multiple central bank digital currencies across the ASEAN region.

La sede de JPMorgan en Asia-Pacífico, en Hong Kong. (Jerome Favre/Bloomberg via Getty Images)