The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latters central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border […]

CBDC Central Bank Digital Currency

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Finextra: Friday July 19, 2024

Cboe Clear Europe participates in Eurosystem CBDC trial

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystems recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money...

CBDC