After temporarily shelving the idea to create a digital yen in the central bank digital currency (CBDC) race just as the competition between the world’s leading countries was heating up,…
The moniker central bank digital currency (CBDC) was coined to introduce the concept of a digitized version of physical fiat currency as we know it and as the name implies,…
Since the days of its launch back in October 2018, Circle’s USD Coin (USDC) has operated exclusively on the Ethereum blockchain network. A stablecoin jointly rolled out by Circle and…
Facebook has had a rough year in its quest to streamline and unify global payments not just via Libra but also WhatsApp Pay, which was just suspended by Brazil’s central…
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 announcing a 22-month pilot testing phase for the digital won in April this year, the Bank of Korea has hired a team of legal experts to explore the possibility…
Decentralized Finance (DeFi) is on the top of the crypto industry’s trending list this year and for good reason. The value of DeFi tokens have been growing precipitously, and in…
Financial consulting company Accenture and the Digital Dollar Foundation, a non-profit organization led by FTI Consulting and created to facilitate the possible development of a US central bank digital currency…
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.