In an era dominated by digital innovation, the concept of central bank digital currencies (CBDCs) is emerging as a groundbreaking evolution in the financial sector. Unlike traditional forms of ...

Abuja, Nigeria – The Central Bank of Nigeria has announced it will adopt Bloomberg’s BMatch solution for interbank trading in the local foreign exchange markets. Bloomberg’s Foreign Exchange ...

Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a joint report released ...

The Central Bank of Nigeria is working with blockchain technology firm Gluwa Nigeria to make the eNaira digital currency's systems more efficient and boost adoption in the country of more than 226 ...

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The Brazilian central bank digital currency (CBDC), previously commonly referred to as the “digital real,” has been given its official brand name: the Drex.. On Aug. 7, the Central Bank of ...

The South Korean central bank has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfully, the Bank of Korea's report said, and it is ...

Over 100 central banks around the globe are exploring central bank digital currencies (CBDCs) to modernize payment systems. They aim to explore potential benefits, risks, and the broad range of new ...