Posts Tagged ‘Digital currencies’
House of Lords Committee casts doubt on benefits of UK retail CBDC
In a report, the Economic Affairs Committee concluded there is ‘no convincing case’ for a digital pound, highlighting the ‘significant’ challenges for financial stability and the protection of privacy.
Read MoreCircle and Plaid integrate to speed up ACH payments
Plaid’s instant account verification means end users can directly connect their bank accounts to immediately start moving funds via ACH.
Read MoreHSBC USA rolls out multi-currency wallet
The new HSBC Global Wallet has launched initially in the US, UK and Singapore, to help commercial clients ‘pay internationally like a local’.
Read MoreNew taskforce to ‘explore’ UK CBDC
The Bank of England and HM Treasury joint taskforce will engage with stakeholders to weigh up the benefits and risks.
Read More60 seconds with the Bank of England’s head of future technology on ‘taking CBDC seriously’
Will Lovell, who is responsible for looking at how new technologies are influencing the financial system, explains where digital currencies can make a difference.
Read More60 seconds with Sveriges Riksbank’s senior economist on the potential of CBDC
Johan Schmalholz is also currently acting as a payments advisor at the e-krona division of Sveriges Riksbank and is one of the speakers at the Central Bank Digital Currency event in April.
Read MoreFeature: Centralised banking and development in digital currencies
As interest and excitement builds in central banks’ involvement in the development of digital currencies, they have more fundamental milestones to achieve. Jenny Turton reports.
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