In July 2021, the National Bank of Ethiopia launched its first ever National Digital Payments Strategy, an ambitious initiative that aims to build an innovative payments ecosystem in support of a cash-lite and inclusive economy. Central Bank Payments…
Creating a cross-border payments ecosystem that delivers collaborative value between authorised financial institutions across the Southern African Development Community is possible through a new, world-first African payments scheme that is fully operational.…
This year, the Digital Frontiers Institute convened the first CBDC Workshop focusing on emerging market and developing economies. The workshop aimed to: Firm up the understanding of the definition of CBDCs; Increase understanding that the CBDC “pathway”…
In September, Visa published a pair of CBDC reports about Universal Payment Channels (UPCs). The specifics of UPCs are laid out in the research paper Universal Payment Channels: An Interoperability Platform for Digital Currencies. The second paper, Cross-border…
