The Central Bank of Kenya said "pain points" in the country's payments systems can be addressed by innovations structured around the existing ecosystem and that a central bank digital currency (CBDC) "may not be a compelling priority."
The United Kingdom’s Chancellor of the Exchequer, Jeremy Hunt, laid out a number of reforms aiming to “drive growth and competitiveness” to the country’s financial services sector including efforts that support the crypto space.
Customers of Vodafone Cash and CalBank have been granted the opportunity to test the online version of Bank of Ghana’s Central Bank Digital Currency (CBDC), the eCedi.
EMTECH, a Central Bank Digital Currency (CBDC) Infrastructure provider based in the United States join forces with HaitiPay, a fintech company in Haiti, to demo its first CBDC + Fintech Proof Of Concept whiles revealing its impact on the Haitian economy.
During the release, the team of analysts from PwC revealed that a majority of central bank institutions are planning to launch a Central Bank Digital Currency (CBDC) to reap the benefits of the burgeoning digital economy.
The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation's central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.
According to the details shared by the Bank of England, the twelve-month research project will explore potential challenges, opportunities, and risks associated with the designing of a central bank digital currency system. For the research, BOE will work with the Digital Currency Initiative (DCI) team in the Media Lab of the Massachusetts Institute of Technology.
The Bank of Ghana’s agenda to promote innovative and affordable digital financial services as a means of expanding financial inclusion and encouraging the use of digital payment is commonplace.
The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure
EMTECH, the modern worldwide provider of central banking digital infrastructure, today announced it has launched the first multi-country and multi-regulator solution for central banks, financial regulators and Fintech solution providers, the EMTECH Digital Regulatory Platform (DRP).
