Central bank digital currency (CBDC) is one of the hottest trends in the crypto industry at present and as we see greater digital currency developments worldwide, the progress of China’s…
As discussions on the need of a central bank digital currency (CBDC) escalate between the government, financial institutions and the private sector, an important question remains: who should pilot the…
After weeks of dropping the term ‘digital dollar’ in discussions involving the US Congress and Federal Reserve without any confirmation on proceeding with a digital dollar project, US Federal Reserve…
IMF’s Mancini-Griffoli broached the topic of a synthetic CBDC in today’s economic climate where the private and public sectors should collaborate on the creation of digital currencies.
WHO is encouraging the use of “contactless payments” over physical cash, in fears that the COVID-19 virus can be widely transmitted from human-to-human via banknotes and money.
The Marshall Islands national digital currency initiative is set to combat many issues the country is struggling with, including the high cost of remittances as well as pursuing the “manifesting…
The Bank of England’s chief cashier Sarah John urged that it is “crucial” for central banks to consider CBDCs and stepping in before tech giants dominate
A member of the U.S. Federal Reserve’s Board of Governors (Fed) suggested that the Fed should be more open to digital currencies than before.
On 5 Feb. Lael Brainard who serves…
Major banks are to gather at the IMF Conference to discuss the development of Central Bank Digital Currency, or CBDC. With the challenges of international settlement and cybersecurity in mind,…
The financial industry is one of the sectors that will be disrupted by newer technologies. To answer the changing customers’ needs, more companies and agencies have opened up their arms…