Fintech News

MAY 8, 2024

Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

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CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 119

Fintech News

OCTOBER 23, 2024

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

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The Fintech Times

SEPTEMBER 20, 2024

A new report from the Reserve Bank of Australia (RBA) supports this as it reveals public interest in a retail CBDC has yet to emerge in the country. The retail payments system and the capabilities currently in place are generally serving Australians well.In

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Treasury CBDC Assessments Digital Currency 58

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.

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Digital Currency CBDC Retail Payments Central Bank 87

Fintech News

DECEMBER 11, 2023

Cambodia is implementing new initiatives to expand payment options for tourists by cementing blockchain-based central bank digital currency (CBDC) partnerships. Firstly, the central bank has enabled tourists to use their e-wallets linked to Khmer Riel bank accounts, to make payments at any KHQR merchant in Cambodia.

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Digital Currency Blockchain CBDC Central Bank 100

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.

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CBDC Retail Payments Central Bank Digital Currency 40

PYMNTS

JANUARY 3, 2020

The paper , titled “Tiered CBDC and the Financial System” and bylined by Ulrich Bindseil, the ECB’s director general of market infrastructure and payments, notes that there are advantages and disadvantages to central bank digital currencies (CBDC), tied in part to retail payments.

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Digital Currency CBDC Central Bank Retail Payments 52