Payment News

Danish Payment Overview

Danmarks Nationalbank has issued an analysis that summarises the full range of digital money options. The analysis provides the context for the consideration of Central Bank Digital Currencies (CBDCs) and describes with great clarity how payments are organised, their strengths and weaknesses and Danish adoption of them to date.

Beyond looking at cash, bank deposits and e-money, the paper explores options for the underlying technologies and consensus mechanisms for cryptocurrencies, explains stablecoins and reviews CBDCs in detail.

A relatively short document captures in one place a great overview of the payment landscape.

Expanding Digital Transactions in Brazil

A Brazilian Federal Deputy is looking to allow digital currencies to be used for payments without giving them legal status. Brazil already has a rich payment landscape, including its successful mobile payment platform Pix, and it is exploring a CBDC.