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Central bank digital currencies (CBDC) RSS
Visa deepens relationship with crypto and launches advisory service
Visa is doubling down on it investments into crypto by launching new consulting and advisory service to help its clients navigate the world of cryptocurrencies. It announced its crypto advisory... read more
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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.
CBDC: How to save $120 billion in cross-border payments
Global corporates move nearly $23.5 trillion across countries annually, equivalent to about 25% of global GDP. To do this, they have to rely on wholesale cross-border payment processes which remain... read more
The post CBDC: How to save $120 billion in cross-border payments 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
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