Retail central bank digital currency (CBDC) development projects continue to face significant hurdles before achieving large-scale implementation. Key challenges include ensuring system ...
A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...
The central bank digital currency (CBDC) is going to completely revolutionise the entire payment space in terms of how one makes a payment, just like UPI did, Debadatta Chand, MD and CEO of Bank ...
With this acquisition, Mintoak has added bill payments and CBDC features to its platform, enabling it to offer more digital solutions for SMEs. It aims to enhance merchant engagement, retention ...
The New Cold War race for digital currencies could redefine global power. Should Australia be in it?
Until last month’s ban on a US digital dollar, 130 countries, or 98% of the global economy, had been exploring a CBDC to complement cash. For Australia, the stakes are particularly high.
Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy. Using the digital Euro as a strategic asset ...
The mission assisted the authorities in establishing the groundwork for a feasibility study of a retail central bank digital currency (rCBDC) and drafting a roadmap for the BoN's CBDC exploration. The ...
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