News

Revolution in the Global Financial Infrastructure: Russia Excluded from SWIFTThe situation in Ukraine and the aggression from Russia have triggered a series of international reactions, including imposing drastic sanctions aimed…

SWIFT Testing Solution Connecting Central Bank Digital CurrencySWIFT (Society for Worldwide Interbank Financial Telecommunication) has published the results of the second phase of sandbox testing for its solution connecting Central…

Swift Releases Sandboox Test Results for Central Bank Digital Currency Integration SolutionSwift has announced the results of the second phase of sandbox tests for its innovative solution aimed at connecting…

Risks Associated with Offline e-Krona Payments in Sweden – Warning from RiksbankRiksbank, the central bank of Sweden, has pointed out the need for both technical and regulatory development to ensure…

The Swedish Central Bank Publishes Final Report on the Digital CrownThe Swedish central bank, known as Riksbank, recently revealed a final report on a pilot project regarding the digital crown.…

The Federal Reserve Considers Introducing Central Bank Digital CurrencyThe Federal Reserve, the American central bank, is actively considering introducing a Central Bank Digital Currency (CBDC). Despite publicly denying such action,…

Authorities in Hong Kong Launch Second Phase of e-HKD ProgramAuthorities in Hong Kong have announced the commencement of the second phase of the pilot program for e-HKD, focusing on exploring…

The Digital Currency Boom of Central Bank Digital Currencies (CBDCs) WorldwideAccording to the latest data, 134 countries, accounting for a whopping 98% of the global GDP, are exploring the possibility…

The Digital Currency Boom of Central Bank Digital Currencies (CBDCs) WorldwideAccording to the latest data, 134 countries, accounting for a whopping 98% of the global GDP, are exploring the possibility…

Digital Euro – A New Payment Solution in the Euro AreaThe European Central Bank is gearing up to introduce the digital euro, a new payment method intended to complement existing…