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Japanese mega consortium set to test Yen based digital currency
A consortium of 70 Japanese firms, including the country’s three largest banks, says it will aim to launch a yen-based digital currency in 2022 after beginning trials in coming months.... read more
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ECB: Central Bank Digital Currencies will be legal tender
Central Bank Digital Currencies issued by major central banks will become legal tender in their jurisdictions, this may sound completely obvious but was certainly not to be taken for granted,... read more
The post ECB: Central Bank Digital Currencies will be legal tender appeared first on Payments Cards & Mobile.
CBDCs and Big Tech present opportunity for banks to embrace crypto
Cypherium and Boston Consulting Group (BCG) have released a joint white paper finding that banks should potentially embrace crypto payments amid the emergence of Central Bank Digital Currencies (CBDCs) and... read more
The post CBDCs and Big Tech present opportunity for banks to embrace crypto appeared first on Payments Cards & Mobile.
Digital Pound Foundation launches to support development of CBDC and digital money ecosystem
The Digital Pound Foundation has been launched by a core group of founding members as an independent forum to support the implementation of a well-designed digital Pound and digital money... read more
The post Digital Pound Foundation launches to support development of CBDC and digital money ecosystem appeared first on Payments Cards & Mobile.
Hong Kong shows strong signal to enter CBDC market with e-HKD
The Hong Kong Monetary Authority (HKMA) has recently published a technical whitepaper on retail central bank digital currency (CBDC), becoming one of the 82 countries now exploring the move to... read more
The post Hong Kong shows strong signal to enter CBDC market with e-HKD appeared first on Payments Cards & Mobile.
