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Interoperability in payments: for the old and the new?

It is my great pleasure to speak to you today1. I would like to thank the organisers of the Singapore Fintech Festival and the Monetary Authority of Singapore for their kind invitation to be virtually present.

Nov 8, 2021bis
Global CBDC network could save multinationals nearly $100bn

Payments system could eliminate delays and need for multiple correspondent banks

Nov 5, 2021centralbanking
Multi-CBDC arrangements: transforming words into works

It is my great pleasure to join you today for Hong Kong Fintech Week. I would like to thank the Hong Kong Monetary Authority and the other organisers for inviting me to participate. Hong Kong SAR is a special place for the BIS. It is the home for our Asia-Pacific regional office, and for one of our first three Innovation Hub Centres. Its vibrant fintech ecosystem is a constant source of innovation and inspiration.

Nov 4, 2021bismBridge
HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

China’s digital yuan wallet has witnessed its user base rise six times more just after the past four months to hit 140 million active accounts.

Nov 4, 2021blockchainnewse-CNY
Central bank digital currencies: motives, economic implications and the research frontier

A growing academic literature examines the economic implications of central bank digital currencies (CBDCs). The main focus is on their "reserves for all" aspect and the balance sheet issues for central banks, as well as the implications for monetary policy and financial stability. By contrast, in policy circles, the emphasis is on designing CBDCs to achieve public policy goals within the current two-tier payment system. This implies a division of labour between the public and private sector, thus keeping the footprint of the central bank limited.

Nov 4, 2021bis
Over 140 million people have digital yuan accounts, says PBoC head

China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head.

Nov 3, 2021cointelegraphe-CNY
Central bank innovation – Swiss made

Grüezi und herzlichen Dank für die Einladung. Heute möchte ich über etwas sprechen, das sowohl Kantonalbanken als auch Zentralbanken betrifft – Innovation.

Nov 3, 2021bisHelvetia
François Villeroy de Galhau: Bank of France - how the commitment to fintechs is being implemented

Speech by Mr François Villeroy de Galhau, Governor of the Bank of France and Chairman of the Autorité de contrôle prudentiel et de resolution (ACPR), at the ACPR-AMF Forum Fintech, Paris, 11 October 2021.

Nov 2, 2021bisDigital Euro
eNaira slowly gains traction post-launch amid glitches

Nigerian government officials have big expectations regarding the eNaira.

Nov 1, 2021cointelegraphSand Dollar
Mastercard Reveals to Develop CBDC as The Private Payment Provider

Digital payment Mastercard CEO Michael Miebach expresses his strong support for CBDC on the Q3 earnings conference call.

Oct 29, 2021blockchainnews
Mastercard is preparing its infrastructure for the deployment of CBDCs

The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs.

Oct 28, 2021cointelegraphSand Dollar
Latin America stands to benefit most from crypto, says Uphold exec

Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin.

Oct 27, 2021cointelegraph
eNaira: Nigeria Rolls Out Africa’s First Central Bank Digital Currency

Nigeria has become the first nation in Africa to officially launch a CBDC.

Oct 26, 2021blockchainnewse-CNY
ECB appoints members to new ‘digital euro’ board

Advisory board’s 30 members will advise on potential digital euro models

Oct 26, 2021centralbankingDigital Euro
Central bank digital currencies as superheroes?

Keynote speech by Tara Rice, Head of Secretariat, Committee on Payments and Market Infrastructures, at the fifth annual meeting of CEBRA's International Finance and Macroeconomics Program, 20 October 2021.

Oct 26, 2021bisDCash