Remove CBDC Remove Retail Payments Remove Settlement
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Bank of Thailand Concludes Retail CBDC Pilot Programme, Reveals Key Findings

Fintech News

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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Australia Central Bank Unveils 3-Year Digital Money Plan

Fintech News

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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RBA and Treasury Reveal the Role of CBDCs in Australia as Public Lacks Interest

The Fintech Times

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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Private/Public Partnerships A Boon For Central Bank Digital Currencies?

PYMNTS

As noted in this space last week, about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC). He pointed to the concept of synthetic central bank digital currencies ( CBDC ).

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Fintech in Singapore: 2023 in Review

Fintech News

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

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Brazil Could Lead The Way On Central Bank Digital Currencies With 2022 Rollout

PYMNTS

Some 70 percent of Brazilians use cash as their main payment choice, as reported by Coingeek.com. Brazil’s latest CBDC news follows reports in this space last month that China is also gearing for a 2022 launch of a digital yuan — perhaps most notably for use at the 2022 Beijing Winter Olympics.