Bank of Canada reports on offline central bank digital currency design options

Bank of Canada design options FOR offline CBDC functionality

Developing a central bank digital currency (CBDC) system that supports offline transactions on smartphones or standalone custom devices will offer users benefits including enhanced resilience, accessibility, inclusivity and privacy, especially in remote areas without a reliable or affordable internet connection, according to the Bank of Canada... More

Central Bank of Jordan doubles daily contactless limit

Central Bank of Jordan Frontage

The Central Bank of Jordan (CBJ) has increased the limit for individual contactless transactions made without a PIN from 55 Jordanian dinars (US$77) to 100 Jordanian dinars (US$141) and doubled the country’s daily contactless limit from 150 Jordanian dinars (US$212) to 300 Jordanian dinars (US$423)... More