[News](https://www.payments.ca/insights/news-research?field_article_type=24) # Global developments in wholesale approaches explored in latest central bank digital currency (CBDC) educational series January 27, 2022 CBDC continues to be a priority for central banks worldwide. In [Central Bank Digital Currency (CBDC): Wholesale CBDC Global Developments](/sites/default/files/2022-08/PaymentsCanada_2021CBDCGlobalDevelopments_En.pdf), Payments Canada explores three developing wholesale CBDC approaches in different jurisdictions: Australia, Switzerland, and a co-issued CBDC in the United Arab Emirates and Saudi Arabia. This paper is the fourth installment in Payments Canada’s [Central Bank Digital Currency (CBDC) educational series](http://www.payments.ca/industry-info/our-research/central-bank-digital-currency-cbdc) and is an accompaniment to the [Retail CBDC Global Developments paper](/node/743). The first two papers in the series focused on the Canadian context, while the third and fourth offer global perspectives and developments in CBDC. The series aims to provide an understanding of a potential CBDC issuance in Canada, along with an exploration of the potential economic and social implications. It also aims to provide a base of understanding for furthering the discussion around CBDC and its impact on the payments industry. [Download paper](/sites/default/files/2022-08/PaymentsCanada_2021CBDCGlobalDevelopments_En.pdf) [Return to newsroom](https://www.payments.ca/insights/news-research) ## Keep reading [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News October 1, 2026 ### Payments Canada welcomes six new members as expanded membership... Twenty-two new members have joined since 2025 regulatory changes — a necessary step for those seeking access to critical national payment infrastructure, including the forthcoming Real-Time Rail... ](https://www.payments.ca/payments-canada-welcomes-six-new-members-expanded-membership-eligibility-reaches-one-year-milestone)[Learn more](https://www.payments.ca/payments-canada-welcomes-six-new-members-expanded-membership-eligibility-reaches-one-year-milestone) [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News September 25, 2026 ### Payments Canada names Stephan Orzechowski as Vice President... Payments Canada is pleased to announce the appointment of Stephan Orzechowski as Vice President, Strategic Partnerships and Business Transformation. Stephan will lead strategic vendor partnerships... ](https://www.payments.ca/payments-canada-names-stephan-orzechowski-vice-president-strategic-partnerships-and-business)[Learn more](https://www.payments.ca/payments-canada-names-stephan-orzechowski-vice-president-strategic-partnerships-and-business) [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News July 27, 2026 ### ACSS rule changes enhance payment system processes Updates provide expanded definitions and process efficiency Payments Canada has implemented a series of administrative and operational amendments to the Automated Clearing Settlement System (ACSS)... ](https://www.payments.ca/acss-rule-changes-enhance-payment-system-processes)[Learn more](https://www.payments.ca/acss-rule-changes-enhance-payment-system-processes)