CBDC

24 articles tagged with this keyword

/crypto

Cboe Clear Europe participates in Eurosystem CBDC trial

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money. The experiments specifically aim to explore the potential of distributed ledger technology (DLT).

/wholesale

BME joins ECB trials for DLT in central bank money settlement

BME, through Iberclear, has been admitted to the Eurosystem's exploratory work as a DLT market operator to conduct experiments on new technologies applicable to the settlement of wholesale operations in central bank money.

/payments

Banks in Kazakhstan roll out CBDC card services

In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country's population of 20 million.

/crypto

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundation’s (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

/payments

Solomon Islands CBDC PoC goes live

The Central Bank of Solomon Islands (CBSI) and Japanese blockchain fintech company Soramitsu (Tokyo, Japan; President Kazumasa Miyazawa; Group CEO Makoto Takemiya) have begun a Proof-of-Concept (PoC) for a Central Bank Digital Currency (CBDC). Starting from November 1, 2023, the CBSI has been testing the system provided by Soramitsu for use cases related to domestic and foreign payments, including testing simulated international remittances.

/crypto

Xion Global taps G+D Filia to bridge gp between blockchain and traditional financial systems

Xion Global uses technology from Giesecke+Devrient (G+D) for an innovative holistic financial solution. By combining it’s web3 multi-chain payments infrastructure and G+D's CBDC solution Filia for interbank deposit token transfer, Xion is creating a seamless financial ecosystem for digital asses as well as public currencies.

/startups

Almond FinTech Raises $7M

Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding will help broaden Almond's rapidly expanding network in Asia, the Americas, and Africa, while reinforcing their commitment to making financial services affordable and accessible to people everywhere.

/crypto

Ripple to lead National Bank of Georgia's CBDC pilot project

The National Bank of Georgia (NBG) has chosen Ripple, the leader in enterprise blockchain and crypto solutions, as the official technology partner for its Digital Lari (GEL) pilot project. The pilot will experiment with Ripple’s CBDC technology and evaluate the practical use cases to gauge potential benefits for the public sector, businesses and retail users.

/people

Etay Katz appointed to BofE/Treasury CBDC engagement forum

Global law firm Ashurst's digital assets practice lead and chair of the bank industry sector, Etay Katz has been appointed to sit on the Bank of England ('BOE') and HM Treasury ('HMT') Engagement Forum for Central Bank Digital Currency ('CBDC').

/crypto

Temenos unveils POC for CBDC wallet integration

Central banks globally are progressing with their CBDC projects. A frequent requirement for retail CBDC is the provision of private sector digital wallets for consumers, providing a secure way to obtain, hold, and spend digital currency.

/payments

ECurrency launches CBDC consulting and advisory practice

eCurrency Mint Inc announces the launch of Consulting and Advisory Services for the feasibility, design, plan and implementation of Central Bank Digital Currency (CBDC).

/crypto

Monoova executes cross-border settlement using Australian dollar CBDC

On Friday, the Reserve Bank of Australia (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), held an invitation only conference in Sydney for participants in the Australian Central Bank Digital Currency (CBDC) pilot project.

/payments

Reserve Bank of Australia tests 14 CBDC use cases in pilot

Today, the Reserve Bank in collaboration with the Digital Finance Cooperative Research Centre (DFCRC) demonstrated the selected organisations exploring potential use cases and economic benefits of a central bank digital currency (CBDC) in Australia with a live demonstration.

/crypto

Canvas demonstrates FX transaction using Australian CBDC

Global fintech CANVAS, today announced a significant milestone in moving towards usable electronic currencies on a global basis, with the first Foreign Exchange transaction using an Australian CBDC.

/people

Digital Pound Foundation adds board members

The Digital Pound Foundation, an independent forum supporting the implementation of a well-designed digital Pound, is delighted to announce the expansion of its Board of Directors with the appointment of two new Board seats as it continues into its second year of full-time operations.

/people

Digital Dollar Project makes hires

The Digital Dollar Project ("DDP"), a non-profit focused on catalyzing the public discussion around a U.S. CBDC, today announced new hires to support the strategic growth of its policy research and experimentation teams.

/crypto

ECB publishes documentation on digital euro prototyping exercise

The ECB is running a digital euro prototyping exercise.

/crypto

Clickatell opens USSD channel for Nigeria's eNaira CBDC

Clickatell, a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using the USSD channel, eliminating the need for data and available on all handsets.

/payments

ECB chooses Nexi for digital euro prototype

The European Central Bank has chosen Nexi, the European Paytech leader, to develop a front-end prototype for making payments with digital euros.

/startups

FOMO Pay secures $13 million in Series A investment round

FOMO Pay, the Singapore-headquartered major payment institution that enables the digital economy with global virtual banking solutions for financial institutions and enterprises, today announced that it has secured a USD 13 Million investment for its Series A round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital.