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 […]
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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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]