Search results for: #CBDC

News | 2 days ago
2 minutes read
European Banking Federation Proposes Three-Tiered Digital Asset System 

The European Banking Federation (EBF) shared its vision for a Digital Euro Ecosystem that uses wholesale and retail CBDCs and bank-issued money tokens.  The European Banking Federation (EBF), which includes […]

Author: CoinsPaid Media Editor
News | 7 days ago
2 minutes read
Cross-Border CBDC Introduction to Reduce Banking Sector Profits 

Central bank digital currencies (CBDC) for cross-border transfers could negatively impact banking sector profits, as its role in the new infrastructure would be substantially diminished. According to a report by […]

Author: CoinsPaid Media Editor
News | 1 week ago
< 1 minutes read
UAE Launches First Phase of CBDC Implementation 

The Central Bank of the United Arab Emirates is launching the first phase of a full-scale digital dirham implementation (CBDC), expected to be completed over the next 12-15 months.  The […]

Author: CoinsPaid Media Editor
News | 1 week ago
< 1 minutes read
Households Would Benefit from Competition Between Banks and Digital Currency

Central bank digital currency (CBDC) adoption could lead to a less stable banking system and more prosperity for households.  The Office of Financial Research (OFR), part of the U.S. Department […]

Author: CoinsPaid Media Editor
News | 1 week ago
< 1 minutes read
CBDC Designs of Various Countries Must Comply with Islamic Banking System Limitations

A study by the International Monetary Fund found that the design of most central bank digital currencies (CBDC) wasn’t compatible with the Islamic banking system, increasing the global risks of […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
< 1 minutes read
India and UAE to Provide Direct Interoperability of CBDCs 

The central banks of the United Arab Emirates and India plan to start working together on a CBDC bridge pilot project that will provide direct interoperability of the state’s digital […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
2 minutes read
Fed’s FedNow Could Become Alternative to CBDCs

Instant payment service FedNow will be released in July 2023. Its main goal is to reduce the gap in payment time between financial institutions in the United States. The U.S. […]

Author: CoinsPaid Media Editor
Columns | 2 weeks ago
3 minutes read
U.S. Authorities Plan to “Reset” the Banking System with CBDCs

Don’t you find what’s happening in the U.S. banking sector strange? On the one hand, the acute phase of the current crisis began in 2008 — the downturn of that […]

Author: Evgeny Tarasov
News | 3 weeks ago
2 minutes read
SWIFT Works on Technical Solution for CBDC Cross-Border Payments

The first phase of interoperability testing of various CBDC projects under SWIFT’s initiative was successfully completed. The team is preparing to begin the next phase of central bank digital currencies […]

Author: CoinsPaid Media Editor
News | 3 weeks ago
2 minutes read
WeChat Opens Access to e-CNY to Half of China’s Population 

The digital yuan (e-CNY) was included in the list of payment means of the social platform WeChat to increase the popularity of China’s central bank digital currency (CBDC).  Leading Chinese […]

Author: CoinsPaid Media Editor