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Press release

Crunchfish provide perspectives on CBDC and payments

Crunchfish

 

A special Central Bank Digital Currency (CBDC) supplement An Inflection Point for Global Payments: Industry Perspectives in 2023 has been released today to showcase case studies and perspectives from industry experts. Crunchfish provided the article Central banks should modernize payments. Who else would? This is also the topic of Crunchfish presentation in May 2023 at the upcoming Digital Currency Conference in Mexico City.

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Currency Research (https://currencyresearch.com/) have today released An Inflection Point for Global Payments: Industry Perspectives in 2023 (https://cbpn.currencyresearch.com/blog/2023/04/24/special-feature-an-inflection-point-for-global-payments). It is a special feature showcasing several timely case studies, expert perspectives, and relevant solutions for Central Bank Digital Currency (CBDC) from Crunchfish, Discover Global Network, NPCI International, ProgressSoft, RTGS.global, StoneX Global Payments, and Visa. This feature will be provided to all delegates at the upcoming Digital Currency Conference (https://events.currencyresearch.com/event/7da61173-a401-49d9-bc6c-8850889d3b45/summary) on May 17-19th.

In this feature Crunchfish presented the article: Central banks should modernize payments. Who else would? Public goods like the internet, electricity or telecom are carefully designed to continue working despite temporary outages. It is hard to understand why digital payments is not as robust as it should be given its critical role in modern societies. Technology exists that makes digital payment services as robust, secure, and inclusive as cash payments. Crunchfish argue that financial regulators should demand that payment services must fulfill these design criteria to be allowed to operate in the country. Also, central banks should take it upon themselves to modernize payments. CBDC presents the perfect opportunity. Crunchfish CEO Joachim Samuelsson will present this topic at the Digital Currency Conference in Mexico City.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46708 46 47 88

joachim.samuelsson@crunchfish.com

This information was provided by the contact person above for publication on 24 April 2023 at 08:55 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se.Telephone +46 40 200250.

About Crunchfish -crunchfish.com (https://www.crunchfish.com/)

Crunchfish are a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish are listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

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