CBDC Research Use Case 
The Fintech Times
SEPTEMBER 25, 2024
While 134 countries and currency unions, representing 98 per cent of global GDP, are currently exploring a central bank digital currency (CBDC), the Bank of Canada has revealed it is officially putting efforts to introduce a digital version of the Canadian dollar on pause. Could a CBDC still be in Canada’s future?
PYMNTS
NOVEMBER 10, 2020
Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Meanwhile, Lebanon Governor Riad Salameh announced that the country will be introducing a CBDC next year, to “restore confidence,” reported Bloomberg.
The Fintech Times
MARCH 7, 2024
Through the new project, Hong Kong Monetary Authority will explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money through a wholesale CBDC. We welcome global talents and industry players to come to Hong Kong and be part of this very exciting tokenisation journey.”
The Fintech Times
MAY 26, 2024
However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. The potential use cases and benefits for users are hazy at best. This may mean that, initially, acceptance of the retail CBDC is gradual.
PYMNTS
SEPTEMBER 17, 2020
In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.
PYMNTS
AUGUST 21, 2020
And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. As many as 80 percent of the 66 central banks polled by the Bank of International Settlements said they were at some stage of CBDC development. Digital dollars are a maybe – but if so, not for a while.
PYMNTS
NOVEMBER 2, 2020
In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digital currency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release. RBA expects to finish the project at the end of this year.
Expert insights. Personalized for you.
75 
Let's personalize your content