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Remarks by Mr Masayoshi Amamiya, Deputy Governor of the Bank of Japan, at the Future of Payments Forum, Tokyo, 27 February 2020.
Swedish central bank requests five-year permission for payments of up to $3.2 million a year
Vitalik Buterin says that currency digitization is inevitable and believes decentralized privacy currency would be more appealing to people than state-controlled digital currencies.
It was two years ago since the Republic of the Marshall Islands first announced its initiative to create a sovereign digital currency dubbed the Marshallese Sovereign or SOV. The country’s national digital currency initiative is set to combat many issues the country is struggling with, including the high cost of remittances as well as pursuing the “manifesting national liberty” and to mitigate its reliance on the U.S. dollar.
Morning closing keynote speech by Mr Denis Beau, First Deputy Governor of the Bank of France, at the 8th Annual Meetings of France Payments Forum, Paris, 3 March 2020.
World’s First National Digital Currency to Be Built on Algorand
After revealing its planned digital currency back in 2018, the Marshall Islands chose blockchain firm Algorand as technology partner for the project.
None of the 17 ongoing global CBDC projects goes beyond the central bank’s jurisdiction, according to BIS research.
If central banks are to issue digital currency, they must think hard about the design, BoE deputy says
Challenge is to design a currency that balances credibility and convenience, says Hyun Song Shin
The Bank of England’s deputy governor has warned that stablecoin adoption could have profound implications for the money creation of national economies.
The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of
The BIS Quarterly Review takes an in-depth look at the fast-changing world of payments, explaining the strengths and weaknesses of existing systems, describing the rapid pace of technological change and its impact, and assessing new solutions.
Technology is transforming payment systems. The pace of change and potential for disruption to incumbent service providers have propelled payment systems to the top of policymakers' agenda. The BIS and central banks have a leading role in shaping the response.
This Quarterly Review takes an in-depth look at the fast-changing world of payments. The speed of changes and the potential for disruption have propelled payment systems to the top of policymakers' agendas. It also discusses the market impact of the coronavirus outbreak.