Are Banks Worried About the Arrival of Digital Money?
Central Banks globally are conducting a detailed analysis on the impact of digital money (CBDC) with the potential to disrupt the broader financial ecosystem. How would
Central Banks globally are conducting a detailed analysis on the impact of digital money (CBDC) with the potential to disrupt the broader financial ecosystem. How would
As part of Shenzhen’s efforts in order to encourage livelihood consumption and assist merchants so that livelihood consumption can be stimulated, the city has released 30
In a speech to legislators on Thursday, Federal Reserve vice chair Lael Brainard predicted there could be a digitized US dollar alongside stablecoins in the future.
Wall Street’s financial services industry appealed to the US government to postpone the launch of ‘digital dollar’ citing that a virtual currency backed by the Federal
In a recent report published by the Bank for International Settlements, a survey regarding central banks exploring CBDCs was discussed. A recent survey of 81 central
Israels’ central bank has serious plans in research, development, and issuing a central bank digital currency for developing a more efficient payment system. The announcement comes
Indian central bank RBI is hinting that it might start a central bank digital currency (CBDC) pilot program in 2022.
Banco Central do Brasil (BCB), the central bank of Brazil, may launch the trail of its digital Real on Lithosphere blockchain as the bank is in discussion with the developer, KaJ Labs.
The Chinese government is forcing McDonald’s to deploy the digital renminbi payments system at restaurants. It seems the restaurants should deploy the system before the Beijing
Countries around the world are bolstering their efforts towards CBDC implementation and the island nation of the UK isn’t far behind. In the latest development, several
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