Search results for: #CBDC

News | 3 days ago
< 1 minutes read
Kazakhstan Creates New CBDC Regulator 

The National Bank of Kazakhstan (NBK) has created a separate institution that will lead the development and implementation of a central bank digital currency (CBDC) in the country. The National…

Author: CoinsPaid Media Editor
News | 3 days ago
2 minutes read
U.S. Lawmakers Oppose Release of Digital Dollar

On September 20, the U.S. House Financial Services Committee will consider two bills aimed at preventing the potential issuance of a central bank digital currency (CBDC) in the United States….

Author: CoinsPaid Media Editor
News | 7 days ago
2 minutes read
SWIFT to Test CBDC Interoperability Via Infrastructure of Three Central Banks

The Hong Kong Monetary Authority (HKMA), the National Bank of Kazakhstan, and the central bank of another unnamed country will participate in a beta test of SWIFT’s technical solution for…

Author: CoinsPaid Media Editor
News | 1 week ago
2 minutes read
Israel and Hong Kong Complete Joint Testing of Retail CBDC

The central banks of Hong Kong and Israel, in cooperation with the Bank for International Settlements (BIS), have published the results of Project Sela, a joint project aimed at exploring…

Author: CoinsPaid Media Editor
News | 2 weeks ago
2 minutes read
U.K.’s CBDC Development Moves to New Stage

The U.K.’s central bank digital currency (CBDC) project has successfully passed the proof-of-concept stage, and the country’s authorities are ready to begin piloting the digital pound using the Regulated Liabilities…

Author: CoinsPaid Media Editor
News | 2 weeks ago
< 1 minutes read
India Expands Digital Rupee Capabilities 

India’s central bank digital currency (CBDC) has gained new functionality through integration with the Unified Payments Interface (UPI) national payment system. Indian commercial bank YES BANK, one of the first…

Author: CoinsPaid Media Editor
News | 3 weeks ago
2 minutes read
CBDC Could Improve Jamaica’s Public Transportation Services 

Jamaica’s central bank digital currency (CBDC) is ready to be accepted by bus and taxi drivers, with the expectation that it’ll simplify financial operations and improve efficiency.  Bus and cab…

Author: CoinsPaid Media Editor
News | 4 weeks ago
2 minutes read
Developing Countries More Interested in CBDC Technologies

The adoption of central bank digital currencies (CBDC) in emerging economies has been faster than in developed countries. So far, 11 developing countries have launched or are testing CBDCs, while…

Author: CoinsPaid Media Editor
News | 4 weeks ago
2 minutes read
DLT and CBDCs Can Ensure Faster Settlement of Securities Transactions

Central bank digital currencies (CBDC) and DLT-based payment solutions can significantly shorten securities settlement cycles. Indeed, 89% of financial industry participants expect their local markets to move to T+1 or…

Author: CoinsPaid Media Editor
News | 4 weeks ago
2 minutes read
Australia Completes CBDC Pilot Project

The Reserve Bank of Australia completed a pilot project of a central bank digital currency (CBDC), identifying four key areas where the introduction of the digital Australian dollar (eAUD) could…

Author: CoinsPaid Media Editor