Sibos 2022: Gilbert Verdian, Founder and CEO of Quant, joined FinextraTV to discuss digital assets
Gilbert Verdian, Founder and CEO of Quant and Board Director of the Digital Pound Foundation, joined FinextraTV to discuss the traction of digital assets amongst institutions and central banks’ exploration of CBDC use cases.
‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog
Source: Coindesk Stablecoins could be forced to centralize issuance and major crypto platforms broken up under plans put forward by the Financial Stability Board (FSB) Tuesday. The Financial Stability Board, a watchdog agency and standard setter for the global financial system supported by central banks and finance ministries, wants to see a comprehensive international rulebook […]
Modulr announces membership of Digital Pound Foundation Steering Committee and joins Payments and Use Cases working groups
We are very pleased to announce the addition of Modulr to the Digital Pound Foundation’s membership community. Since its inception in 2016, Modulr has grown to become the leading provider of embedded payments to businesses across the UK and Europe. Authorised by the UK’s FCA, the Central Bank of Ireland and de Nederlandsche Bank as […]
SWIFT sets out blueprint for central bank digital currency network
Source: Reuters Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies. The trial, which involved France and Germany’s national central banks as well as global lenders like HSBC, Standard Chartered and UBS, looked at how CBDCs could […]
Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
Source: Coindesk The central banks of Israel, Norway and Sweden have teamed up with the Bank for International Settlements (BIS) to explore how central bank digital currencies (CBDC) can be used for international retail and remittance payments, BIS announced on Wednesday. The BIS is an association of 61 central banks from around the world and has innovation […]
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
Source: Fintech Futures At the FinovateFall 2022 conference in New York, FinTech Futures sat down with James Wallis, VP of central bank engagements at Ripple, to get his views on the rise of central bank digital currencies (CBDCs), use cases for cryptocurrencies in banking and payments and the future of blockchain technology. FinTech Futures: You’re here to give […]
The benefits of CBDCs, and designing a system that delivers them
Written by Martin Hargreaves, Chief Product Officer at Quant Central bank digital currencies (CBDCs) promise to vastly improve electronic payments by fundamentally changing the nature of money. These new digital currencies are programmable and offer the potential to help consumers and businesses better control their spending. Additionally, they can make cross-border payments faster and cheaper, protect individual […]
French Central Bank CBDC Projects Aim to Manage DeFi Liquidity, Settle Tokenized Assets
Source: Coindesk The Banque de France Tuesday announced new projects to achieve the benefits of central bank digital currencies (CBDCs) used at a wholesale level by banks and financial markets. “A wholesale CBDC could significantly contribute to improving cross-border and cross-currency payments,” Villeroy de Galhau, a governor at the Bank of France, the country’s central […]
Demystifying wholesale central bank digital currency
Source: ECB. Speech by Fabio Panetta, Member of the Executive Board of the ECB, at the Symposium on “Payments and Securities Settlement in Europe – today and tomorrow” hosted by the Deutsche Bundesbank Let me first thank the Deutsche Bundesbank, and President Nagel in particular, for inviting me to speak at today’s symposium. I would […]
Russia plans to use digital rouble in settlements with China, says lawmaker
Source: Reuters After launching a digital rouble early next year, Russia plans to use the currency in mutual settlements with China as it seeks to reduce Washington’s global financial hegemony, a senior Russian lawmaker said on Monday. Russia, like many countries, has been developing digital money over the last couple of years to modernise its […]
