Bazk的动态

Advancements in #technology have instigated a period of remarkably rapid change in the #payments industry. The official sector has made the delivery of quick, cheap, secure and transparent #crossborder payments a priority and a whole host of potential solutions are taking shape across both the #public and the #private sector – with some of the most fruitful work emerging from the intersection of the two. This shift in technology is likely to bring about #geopolitical developments. While the dollar’s status as the most important #reservecurrency is likely to be unassailable, #trading blocs might develop new technical infrastructure to reduce their reliance on the dollar and on western-owned payments systems. OMFIF is excited to present the latest #Futureofpayments report, featuring an extensive survey of central banks uncovering their beliefs about cross-border payments and the various solutions being proposed. The fifth edition of the report will cover: ? #Multicurrency central bank digital currency platforms ? #Tokenisation of money – public and private ? The #interlinking of fast payment systems ? #Openbanking ? Upgrading the #correspondentbanking model Thanks to our wonderful partners Tassat and iASPEC Software Co., Ltd. and contributors for producing another landmark report! https://lnkd.in/eP-8KRGp #iso20022 #rtgs #wholesale #cbdc #g20 #projectmbridge #interopability #stablecoins #instantpayments #projectagora #projectmandela Glendy Kam Zain Saidin Abdullah Alkudsi Jennifer Fowler Maha El Dimachki Bank for International Settlements – BIS Wijitleka MaromeBank of Thailand Dong He International Monetary Fund Richard Tang People's Bank of China Hong Kong Monetary Authority (HKMA) Financial Stability Board (FSB) Central Bank of The UAE Saudi Central Bank – SAMA Katie-Ann Wilson John Orchard Lewis McLellan Katerina Liu Max Steadman Meriem A. OMFIF Digital Monetary Institute

? #LATAM is one of the top RTP (Real-Time-Payments) growth regions globally ~ the ACI report estimates that RTP transactions are estimated to grow from 33B in 2022 to 119.5B by 2027 ~ CAGR of 29.3%. ?Brazil accounts for 15% of all global volume in RTP transactions in the world and by 2027, it is expected to have 52 RTP transactions per capita per month. ?Infinia (YC W23) is at the cusp of this transformation as it’s now authorized by the Central Bank of Brazil ???? as a Payment Initiation Service Provider (PISP) in Open Banking?? https://shorturl.at/R9UmZ Alejandro Rettig Ianai Urwicz Infinia (YC W23)

?? The Central Bank of Brazil has announced the 13 use cases that will be tested during the second phase of the Drex pilot These include: assignment of receivables, credit collateralized in bank deposits, credit collateralized in government bonds, financing of international trade operations, a liquidity pool for trading government bonds, and more Recall that Drex is the hybrid central bank digital currency/tokenization platform being developed by the Banco Central do Brasil 42 proposed use cases were submitted by participants in the first round of Drex; but just 13 of these were selected for the second round Full article by Ricardo Bomfim of Valor Econ?mico S/A Link in the comments??

In December 2024, the Central Bank of Ireland (Central Bank) published a document (MiCAR Guidance) setting out its authorisation and supervision expectations for firms seeking authorisation to provide crypto-asset services under the EU Markets in Crypto-Assets Regulation (MiCAR). Read the full briefing here. #WilliamFry #MiCAR #CBI #CASP #ART #EMT Shane Kelleher Louise McNabola

William Fry’s Financial Regulation team gives you this overview of the Central Bank’s authorisation and supervision expectations for firms seeking authorisation to provide crypto-asset services under MiCAR.

According to data from the Central Bank, Brazilians spent approximately USD 11.1 billion (about BRL 54 billion) on online gambling and betting from January to November 2023. Of this amount, approximately USD 7.1 billion (BRL 35 billion) returned to Brazil as winnings, indicating that a portion of bettors are achieving significant returns. ?? The amount wagered in 2023 surpassed, for example, the value of the country's beef exports in the same year. To learn more about how online betting is driving the Brazilian economy, keep following Bazk on social media! Source: https://lnkd.in/d-6Gy6QX #Bet #emergingmarkets #Crossborderpayments #emergingmarkets #paymentsolutions #brazilianmarket #OpenNewWays #brazilianmarket #Bazk #B2B

It's chapter four of RBI vs NBFCs

China pilots e-CNY Cross-border payment in Hong Kong The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have made further progress in the e-CNY pilot for cross-boundary payments, to expand the scope of e-CNY pilot in Hong Kong to facilitate the set up and the use of e-CNY wallets by Hong Kong residents, as well as the top-up of e-CNY wallets through the Faster Payment System (FPS). The interoperability between the FPS and the e-CNY system operated by the Digital Currency Institute (DCI) of the PBoC also marks the first linkage of a faster payment system with a central bank digital currency system in the world. It provides an innovative use case which underscores interoperability, a key area set out in the G20 Roadmap for enhancing cross-border payment

E-Naira is back! ?? The Central Bank of Nigeria (CBN) plans to expand the use of its digital currency, eNaira, to facilitate payments into government accounts and allow Ministries, Departments, and Agencies (MDAs) to initiate vendor and beneficiary payments. This is according to the CBN’s newly released Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025 document. According to the document,?“the CBN shall continue to work towards enabling the use of eNaira Wallet/Channels by payers to pay into government accounts at the CBN, and, allow Ministries, Departments and Agencies (MDAs) to initiate vendor/beneficiary payments from their respective eNaira Wallets.”?

?? The Hong Kong Monetary Authority (HKMA) announced the collaboration with the Banco Central do Brasil (BCB) to conduct cross-border #tokenization experiments under Project Ensemble and #Drex pilot program. The two institutions will link their experimental?central bank digital currency (#CBDC) infrastructures, namely the Ensemble Sandbox and the Drex pilot platform, to explore cross-border payment-versus-payment (PvP) and delivery-versus-payment (DvP) #settlement use cases in areas such as trade finance and carbon credits. ?? https://lnkd.in/d7s8gzn6