BIS Concluded CBDC Project Icebreaker
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Riksbank has introduced the RIX-INST service, which means that payments between banks can be made in real-time with central bank money. The Riksbank is thus offering the banks a secure and cost-effective payment system for instant payments that creates opportunities for Swedish companies to develop new innovative payment services. The service is connected to the […]
Today we have prepared a list of the most active CBDC supporters across the globe
The solution based on blockchain technology is also new and needs further investigation
The main aim of the pilot is for the Riksbank to increase its knowledge of a central bank-issued digital krona
On average, there are 1.5 million instant payments per day number in Sweden
The pandemic has a significant effect on large companies, creating numerous concerns
The pilot project runs until the end of February 2021 with the possibility for further extension
The group will closely interact with the Financial Stability Board and the Committee on Payments and Market Infrastructures (CPMI)
Some of the central banks have existed for more than 300 years
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