SWIFT to Pilot Cross-Border Digital Asset Transactions Next Year
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) will begin trials of digital asset transactions across its global messaging network. ...
Tag: CBDC
Stay updated on CBDC trends and innovations. PaymentsJournal provides expert analysis and news on the impact and future of Central Bank Digital Currencies in the global financial system.
Financial Firms Join Project Agora to Develop Cross-Border Payments Standard
Project Agora, the cross-border payments project proposed by the Bank for International Settlements (BIS), has received the backing of 41 ...
ECB Building Digital Euro as a Private Payment Alternative
The European Central Bank addressed concerns that its planned central bank digital currency, the digital euro, could be used to ...
Bank of England Spotlights Tokenization as Key Innovation Initiative
The Bank of England has released its blueprint for maintaining agility in the rapidly evolving payments landscape. The central bank ...
China Asks WeChat to Trim Mobile Payments Share Amid Digital Yuan Pilot
China has reportedly asked Tencent’s WeChat to reduce its mobile payments market share as the country begins piloting its digital ...
Hong Kong Pilots Digital Yuan for Cross-Border Payments
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have announced that residents in Hong Kong ...
Philippines to Release Wholesale CBDC in Two Years
In 2020, the Philippines initiated an exploratory study on the viability of central bank digital currencies (CBDCs). Now, the region ...
UAE Conducts First Cross-Border CBDC Payment
To mark the 50th anniversary of the Central Bank of UAE, the first central bank digital currency (CBDC) transaction was ...
After a Two-Year Pilot Program, Bank of Japan Is Ready to Talk CBDCs
The Ministry of Finance and the Bank of Japan met last week to discuss the launch of a central bank ...
More Research Is Needed Before Launch of Digital Pound
The launch of the digital pound will be contingent on the results from its design stage carried out by the ...
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