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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.
Payments system could eliminate delays and need for multiple correspondent banks
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.
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.
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.
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head.
Grüezi und herzlichen Dank für die Einladung. Heute möchte ich über etwas sprechen, das sowohl Kantonalbanken als auch Zentralbanken betrifft – Innovation.
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.
Nigerian government officials have big expectations regarding the eNaira.
Digital payment Mastercard CEO Michael Miebach expresses his strong support for CBDC on the Q3 earnings conference call.
The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs.
Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin.
Nigeria has become the first nation in Africa to officially launch a CBDC.
Advisory board’s 30 members will advise on potential digital euro models
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.