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Nigeria has imposed a limit of USD 45 on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira.
cryptocurrency, central bank, stablecoin, digital currency
The Central Bank of Brazil has decided to allow changes to Mastercard’s local payment arrangement regulation in order to further support WhatsApp payments.
central bank, mobile payments, regulation, WhatsApp
Bank of Indonesia has announced developments in its plans to launch a central bank digital currency, (CBDC), for digital economic and financial transactions.
CBDC, central bank, digital currency, cryptocurrency, digital assets
Banque de France and the Banque centrale du Luxembourg worked together on an experimental Central Bank Digital Currency (CBDC) initiative.
central bank, CBDC, digital assets, partnership
HSBC Holdings’s subsidiary HSBC Overseas has entered into an agreement to sell its banking business in Canada to Royal Bank of Canada, subject to regulatory and governmental approvals.
acquisition, banks, banking, online banking, central bank
Recently, the Central Bank of Kuwait has requested banks to update their plans for the implementation of the Open Banking Services project, according to Al-Rai.
Open Banking, regulation, central bank, SWIFT
The Government of the UK and the Monetary Authority of Singapore (MAS) have signed a cross-country memorandum of understanding (MoU), deepening collaboration in fintech, and strengthening their financial cooperation.
partnership, fintech, central bank, regtech
The Paysera network of financial technology companies has announced it is expanding to Georgia, where the first Paysera bank will open its doors.
banks, central bank, digital banking, banking license, expansion
The Bank of Japan (BOJ) has partnered with three megabanks and regional banks to conduct a central bank digital currency (CBDC) issuance pilot starting in spring 2023.
CBDC, central bank, digital currency, digital payments, stablecoin
The Reserve Bank of India (RBI) has started to prepare the rollout of a retail digital rupee pilot following a testing phase of the wholesale usage of its CBDC.
cryptocurrency, CBDC, central bank, crypto asset
Digital currency security systems provider eCurrency has entered a long-term partnership with the Bank of Jamaica to support its CBDC rollout.
CBDC, central bank, digital currency, cryptocurrency
The European Central Bank (ECB) has become a member of Gaia-X, a non-profit association advocating digital sovereignty for Europe.
data, banks, central bank, digitalisation, cloud
Banco do Brasil (Central Bank of Brazil, BB) has announced that its customers can make transfers via PIX from other financial institutions to BB's account through the bank's WhatsApp channel, according to Broadcast.
central bank, WhatsApp, PIX, Open Finance, Open Banking, real-time payments
The Hong Kong Monetary Authority (HKMA) has announced the official launch of the Commercial Data Interchange (CDI), according to an official press release.
Open Banking, data sharing, financial data, central bank, regulation
Saudi Central Bank (SAMA) has announced the issuance of the Open Banking Framework as one of the key outputs of the Open Banking Programme.
Open Banking, regulation, central bank
The Central Bank of the United Arab Emirates (CBUAE) has announced the completion of its CBDC pilot in partnership with commercial banks in four jurisdictions.
central bank, CBDC, cross-border payments, partnership
The Governing Council of the European Central Bank (ECB) has decided to recalibrate the conditions of the third series of targeted longer-term refinancing operations (TLTRO III) as part of the monetary policy measures adopted to restore price stability over the medium term.
regulation, lending, central bank, interest rate
The European Central Bank (ECB) and the People’s Bank of China (PBC) have decided to extend their bilateral euro-renminbi currency swap arrangement for another three years until 8 October 2025.
partnership, central bank, digital currency, financing
The Reserve Bank of India has announced plans on a phased introduction of a central bank digital currency and will put forth a final design after it has conducted large scale pilot projects.
CBDC, central bank, digital currency, fintech, cryptocurrency, crypto asset
NPCI International Payments (NIPL) and Central Bank of Oman (CBO) have signed a MoU to enable Rupay cards and QR code-based mobile payments in Oman.
partnership, central bank, QR payments, credit card, debit card, mobile payments