Central Bank Digital Currency
In a recent publication the ECB looks for the holy grail of cross-border payments. According to the ECB the holy grail can be found at the central banks. This through the connection of different Instant Payment settlement systems or connections … Read More
Recently the ECB released the yearly Payment Statistics, the 2021 version The PDF can be found here, while the raw date here. There are several remarkable things to be found and even not to be found: The France processor STET, … Read More
You could expect SWIFT initiatives with CBDC’s earlier sooner than later. SWIFT is already one of the major suppliers for international payments, besides the card schemes. SWIFT is also used by many central banks in their existing digital currency systems, … Read More
“BIS: CBDC and DLT combo outperforms correspondent banking system” (Website Finextra, 28 September 2021). CBDC remains a hot topic, especially at central banks and their own bank, the BIS. BIS previously investigated the possibility of cross-border use of CBDCs (zie … Read More
“Eurosystem launches digital euro project” (Website ECB, 14 July 2021). Time has come; after the first publications about the digital euro from central banks, there is now a large-scale study into the possibilities and feasibility of it. In 2 years, … Read More
“CBDCs beyond borders: results from a survey of central banks” (Website BIS, 11 June 2021). Although digital central bank money actually only exists in policy documents and theories, BIS is already thinking about the consequences of the cross-border use of … Read More
“What triggers consumer adoption of CBDC” (Website dnb.nl, 22 April 2021). The Dutch Central Bank (De Nederlandsche Bank, DNB) conducted a market survey into the knowledge and adaptation of a possible digital euro. In this survey 3,293 people took part … Read More