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Bank of Canada reveals three digital currency proposals

News | Cryptocurrencies | 12 Feb 2021

Top three Canadian universities have published their proposals regarding a digital currency model, as part of Bank of Canada (BoC)’s foray into CBDCs.

Bank of Canada, digital currency, tokenisation, digital dollar, CBDC, data privacy, money laundering, eKYC, digital identity, tokens

Payments Canada, Mastercard partner to use Vocalink for Canada's Real-Time Rail

News | Payments General | 12 Nov 2020

Payments Canada has selected Mastercard’s Vocalink as the clearing and settlement solution provider for the country’s new real-time payments system, the Real-Time Rail (RTR).

Payments Canada, MasterCard, VocaLink, Canada, partnership, Real-Time Rail, RTR, real-time payments, clearing, settlement, procurement, Bank of Canada, ISO 20022

Bank of Canada furthers digital currency plan

News | Cryptocurrencies | 06 Nov 2020

Plans for a national digital currency have now moved beyond the trial phase, according to the governor of the Bank of Canada.

central bank digital currency, CBDC, Canada, Bank of Canada, banks, stablecoins

BIS, central banks publish CBDC report laying out key requirements

News | Cryptocurrencies | 12 Oct 2020

The Bank for International Settlements (BIS) together with a group of seven central banks have published a central bank digital currency (CBDC) report laying out key requirements for CBDC.

CBDC, BIS, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank, Swiss National Bank

BIS Innovation Hub to expand to new locations in Europe and North America

News | Payments General | 01 Jul 2020

BIS Innovation Hub has announced plans to extend its reach with new centres over the next two years in collaboration with central banks from Europe and North America.

BIS Innovation Hub, Europe, North America, Central banks, BIS Innovation Hub, fintech, Bank of Canada, Bank of England, European Central Bank, Eurosystem, Danmarks Nationalbank, Central Bank of Iceland, Central Bank of Norway, Sveriges Riksbank, Federal Reserve System, Hong Kong Monetary Authority, Monetary Authority of Singapore, Swiss National Bank

Bank of Canada urges retailers to stop banning cash transactions

News | Payments General | 19 Mar 2020

The Bank of Canada has urged retailers to stop banning cash transactions for fear of spreading the coronavirus, saying the practice could hurt people who relied on physical money.

Bank of Canada, cash, coronavirus, retail

Bank of Lithuania on the potential of central bank digital currencies

Interviews | Cryptocurrencies | 30 Jan 2020

The Paypers has sat with Aistė Juškaitė, principal economist at the Market Infrastructure Department, Bank of Lithuania to discuss about the potential behind CBDC

CBDC, cryptocurrency, digital currency, monetary laws, Bank of Lithuania, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Sveriges Riksbank, Swiss National Bank, central bank digital currencies

Central banks team up to assess CBDC use cases, and more

News | Cryptocurrencies | 23 Jan 2020

Some of the world’s largest central banks have decided to team up to assess the potential of developing their own digital currencies (central bank digital currencies - CBDC).

Bank of England, Bank of Canada, BOE, Bank of Japan, European Central Bank, Riksbank, Swiss National Bank, CBDC, digital currency, central bank