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.

CBDC 123

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 123

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.”.

Digital Currency 87

Digital Currency CBDC Retail Payments Central Bank 87

PYMNTS

JANUARY 3, 2020

According to a paper that debuted this week from the European Central Bank (ECB), central bank currencies in digital form have their uses, but individuals should be dissuaded from holding too much of a hypothetical digital euro. Negative interest rates would not be imposed on the payments “tier.”.

Digital Currency 52

Digital Currency CBDC Central Bank Retail Payments 52

PYMNTS

MAY 27, 2020

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 ).

Central Bank 57

Central Bank Digital Currency CBDC Settlement 57

Fintech News

DECEMBER 20, 2023

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.

FinTech 104

FinTech Cross-Border CBDC Web 3.0 104

Fintech News

FEBRUARY 28, 2024

Interestingly, Singapore’s consumer cryptocurrency ownership is high among those surveyed in new findings, and staking has emerged as the most popular use case, preceding others such as trading cryptocurrencies and holding cryptocurrencies for the long term.

Cryptocurrency 116

Cryptocurrency Stablecoins Digital Currency Regulations 116

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.”.

CBDC 40

CBDC Retail Payments Central Bank Digital Currency 40