News and Announcements

Tech CEO: A viable central bank digital currency would have to be 'the law'

Oct 16, 2021

Yahoo! finance

The year after Satoshi Nakamoto put out a white paper on a concept for a new peer-to-peer currency called bitcoin (BTC-USD), Jonathan Dharmapalan realized that digital currencies are the future.
Indra and eCurrency join forces to deliver end-to-end digital currency solutions to central banks

Oct 6, 2021


The partnership between eCurrency and Minsait Payments, an Indra subsidiary, will actively support the process of developing digital currencies issued by central banks to ensure financial stability and inclusion and combat fraud, as well as greater efficiency and modernisation of the monetary system
eCurrency announces new investor joining their funding round

Oct 5, 2021

The Paypers

eCurrency Mint has closed a funding round with new investors including Pandit, the former CEO of Citi Group, according to discussions we had with company representatives.
eCurrency joins ANZ in MAS Global CBDC Challenge

Sep 28, 2021


ANZ Bank, one of the 15 finalists in the Monetary Authority of Singapore (MAS) Global Central Bank Digital Currency (CBDC) Challenge has selected eCurrency Mint Limited, among other partners, to develop and showcase the use of digital technologies and CBDC as a use case for being an enabler to the government and citizens digital ecosystem experience.
Membership of Bank of England CBDC Engagement and Technology Forums

Sep 28, 2021

Bank of England

The Bank of England and HM Treasury have today announced the membership of the central bank digital currency (CBDC) Engagement and Technology Forums.
Jamaica's digital currency 'more secure than Bitcoin

Aug 21, 2021

Jamaica Observer

Founder and chief executive officer (CEO) of eCurrency, Jonathan Dharmapalan, has given the assurance that Jamaica's digital currency will not be a security headache. In an exclusive interview on Taking Stock with Kalilah Reynolds, Dharmapalan noted that the technology being used to run the Central Bank Digital Currency (CBDC) will ensure the digital funds cannot be counterfeited or compromised.
BOJ mints first batch of Jamaica's central bank digital currency

Aug 8, 2021

Bank of Jamaica

At a short ceremony this morning, Bank of Jamaica (BOJ) minted Jamaica’s first batch of central bank digital currency (CBDC).
TV interview with BOJ CBDC core project team member, Mario Griffiths

Jun 27, 2021

Jamaica Magazine - JISTV

A TV interview with Mario Griffiths of the Bank of Jamaica to discuss the BOJ CBDC Pilot Project.
Interview with the Central Bank of Jamaica and eCurrency on CBDCs

Jun 10, 2021

The Paypers

The Bank of Jamaica and eCurrency delve into the topic of CBDCs, based on the pilot that currently tests a digital Jamaican Dollar
Bank of Jamaica Announces eCurrency as CBDC Provider

Mar 23, 2021

Bank of Jamaica

eCurrency has been selected as the technology provider for the Bank of Jamaica CBDC pilot project and national rollout.
eCurrency and Crunchfish join forces to make CBDC accessible by all

Jan 19, 2021


eCurrency and Crunchfish announce a partnership to offer an offline CBDC capability giving universal access of digital fiat currency to all.
eCurrency brings CBDC benefits to all in ecosystem utilising digital secure currency technology

Sep 4, 2020

Mirela Ciobanu

eCurrency Chief Commercial Officer, Lars Arvidsson, is interviewed by The Paypers on how its CBDC technology benefits the financial ecosystem.
The future of central bank digital currencies, part I

May 25, 2019


Jonathan Dharmapalan, founder and chief executive of eCurrency, and Teunis Brosens, lead economist for digital finance at ING Group, join Bhavin Patel, senior economist and head of fintech research at OMFIF, to discuss the future of central bank digital currencies.
IMF Fintech Workshop: CBDC for Financial Inclusion - Design Considerations

Apr 11, 2019

International Monetary Fund

Bejoy Das Gupta, Chief Economist of eCurrency joins a panel at the IMF Fintech Workshop to discuss the design considerations of CBDC for Financial Inclusion.
PayLogic and eCurrency partner to deploy a new generation of retail payment solutions globally

Mar 20, 2019

PR Newswire

PayLogic, a premier payment systems technology company, and eCurrency, a leading Digital Fiat Currency (DFC) technology company, announce a partnership to deploy a new generation of National Retail Payment Solutions (NRPS) comprising the Digital Fiat Currency, payment switch and e-money wallets with unsurpassed security, usability, interoperability, and settlement efficiency.
eCurrency chooses nCipher Security to accelerate its Central Bank Digital Currency (CBDC) solution

Mar 19, 2019


Headquartered in Dublin, Ireland, eCurrency is responsible for pioneering a portfolio of solutions that enable central banks to evolve their current paper and coin-based currencies into digital fiat currency.
Casting Light on Central Bank Digital Currencies

Nov 11, 2018

International Monetary Fund

This discussion note proposes a conceptual framework to assess the case for CBDC adoption from the perspective of users and central banks. It discusses possible CBDC designs, and explores potential benefits and costs, with a focus on the impact on monetary policy, financial stability, and integrity.
An Interview with Jonathan Dharmapalan, eCurrency Mint Limited Founder: ‘We Enable Central Banks to Authorize and Issue Digital Fiat Currency’

Oct 23, 2018

The Silicon Review

We have developed our product offering by working with and understanding he specific needs and requirements of central banks for a digital fiat currency.
Promise of digital fiat currency

Sep 30, 2018


DFCs hold the promise of being legal tender, electronic and
fully convertible one-for-one into sovereign-backed notes.
Getting serious about digital fiat currencies

Jul 31, 2018


More and more central banks are considering issuing them, for good reason; so should the Reserve Bank of India. The digital revolution has profound implications for central banks.
eCurrency™ Announces Contribution of its API to ITU Focus Group DFC

Jul 31, 2018

PR Newswire

eCurrency Mint Limited (eCurrency) announces that it has contributed its Application Programming Interface (API) to the International Telecommunication Union Focus Group on Digital Currency including Digital Fiat Currency (ITU FG DFC).
eCurrency Announces Commercial Launch of ePiso, a digital Philippine Peso

Jul 17, 2018

PR Newswire

eCurrency Mint Limited (eCurrency) announced today that its partner, Rizal Commercial Banking Corporation (RCBC) has launched its secure digital money product – the ePiso in the Philippines under the regulatory sandbox initiative recently introduced by the Bangko Sentral ng Pilipinas (BSP).
eCurrecyMint: Spearheading the Secure Issuance of Digital Fiat Currency by Central Banks

Jun 26, 2018


The cornerstone of any financial transaction in an economy is currency. The trust that people have in a currency is due to the trust they have in the central bank that issues the currency.
eCurrency and Rizal Commercial Banking Corporation Partner to Launch Digital Cash in the Philippines

Jan 23, 2018


eCurrency Mint Limited (eCurrency) announced today that it has partnered with Rizal Commercial Banking Corporation (RCBC) to launch its digital money product.
eCurrency Announces Collaboration with ITU on Standardization Guidelines

Nov 12, 2017


eCurrency Mint Limited (eCurrency) announced today that it is contributing its seven-layer security architecture to an International Telecommunication Union (ITU) working group’s development of a reference architecture for digital fiat currency (DFC).
Indonesia Takes First Steps Towards a Digital Fiat Currency Solution with eCurrency

Oct 17, 2017


eCurrency Mint Limited (eCurrency) announced today that it has partnered with PayPro Indonesia to provide eCurrency’s digital fiat currency (DFC) solution in Indonesia. This partnership is a major step for PayPro, leading Indonesia in delivering a high-security universal digital payment instrument.
Hong Kong is ripe for digital dollars

Jun 22, 2017

The Asset

Store value payment services such as Octopus, WeChat Pay and Alipay have been well touted for their innovativeness, popularity and success.
India must set benchmarks to ensure future digital security

May 23, 2017

The Asian Age

Digital fiat currency is being researched as a viable option in not just India, but is being discussed and tested by several central banks globally. As India gets ready to embark on a complete digital journey, there are bound to be questions on security issues that come with such a system.

May 10, 2017

International Telecommunications Union

ITU has created a new Focus Group to investigate the emerging questions of how best to standardize and regulate the interoperability and security aspects of digital fiat currency. Titled the ‘ITU-T Focus Group on Digital Currency including Digital Fiat Currency’, the group is open to participation by any interested party and will begin work in the final quarter of 2017
Time for a digital Indian Rupee

May 6, 2017

The Hindu

With a vision to place India on the digital India landscape, the country is beginning to understand transformative agenda like demonetisation by the government.
Getting Cashless 2.0

Mar 14, 2017

The Economic Times

India is marching steadfastly towards a digital economy with Budget 2017 supporting the digitalisation agenda. The December 2016 Watal Committee on Digital Payments recommended testing the digital rupee.
Towards a Less Cash Economy

Feb 12, 2017


India has been weaving the mantra of digital economy and all efforts have been streamlined in this direction.
Government needs to create a system where e-wallets and other services work like cash and not bank money

Jan 29, 2017

Business Today

Demonetization triggers a tsunami of digital payment initiatives. There are tidal waves of launches and promotions for payment applications, Aadhaar based identification with finger print authentications, interfaces to bank accounts, and user incentive programs.
What makes Senegal’s digital currency different?

Jan 24, 2017

How We Made It In Africa

Towards the end of last year, a regional bank for francophone west Africa, Banque Régionale de Marchés (BRM), issued a digital currency in Senegal.
Startup bats for e-currency

Jan 15, 2017

Times of India

Omidyar-backed startup eCurrency Mint, which has pioneered technology that enables central banks issue fiat currency in digital form, has made a strong pitch for using software as a form factor for currency.

Jan 11, 2017

International Telecommunication Union

eCurrency has become a member of ITU’s standardization arm, ITU-T, to influence the development of the international standards to provide the technical underpinnings of digital fiat currency
Central banking IT of the future

Dec 31, 2016

Roland Beger

Interview of Jonathan Dharmapalan with Roland Berger.
New Monarch Product Suite

Dec 31, 2016


The Monarch product suite builds on the eCurrency digital payment instrument and includes an interoperability switch and an inter-operator liquidity and trust framework.
Ray Dalio Backs First Above-Ground Digital Currency Company

Dec 19, 2016


Ray Dalio (Trades, Portfolio) is seeing digital fiat currency as the wave of the future, making an investment in electronic payment technology slightly more above-ground than bitcoin, as it will be used by the most legitimate of institutions, central banks.
eCurrency Mint Receives Further Series C Funding

Dec 18, 2016


eCurrency Mint Limited, a Dublin, Ireland-based developer of technology to enable digital fiat currency to be issued by central banks, received an investment of undisclosed amount.
eCurrency Mint Limited and Banque Régionale De Marchés Launch New Digital Currency in Senegal

Nov 3, 2016


eCurrency Mint Limited (eCurrency) announced today that it has partnered with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU).
La BRM et eCurrency lancent une monnaie digitale dédiée à l’espace UEMOA

Oct 26, 2016

Financial Afrik

La Banque Régionale de Marchés (BRM) a annoncé aujourd’hui qu’en partenariat avec la société eCurrency Mint Limited (eCurrency), elle a créé une nouvelle monnaie digitale dédiée à l’espace UEMOA, en parfaite conformité avec la règlementation sur la monnaie électronique édictée par la Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO).
Accelerating Financial Inclusion with National Digital Currencies

May 5, 2016


Imagine a world where all money is digital. Instead of carrying coins and notes in their purse, people would keep digital currency units in electronic wallets on phones, watches or other electronic devices.
Central Banks Globally Respond To Bitcoin With Their Own Digital Cash

Dec 9, 2015


Philanthropic investment firm backed by eBay Inc. founder Pierre Omidyar, Omidyar Network, announced today in a press release on PE HUB its investment in eCurrency Mint (eCM), a Dublin-based company that has pioneered a new technology to enable central banks to issue digital fiat currency, called eCurrency.
Central Bankers Explore Response to Bitcoin: Their Own Digital Cash

Dec 8, 2015

The Wall Street Journal

The rise of bitcoin has central bankers around the world studying the possibility of issuing virtual money backed by the government itself.