British authorities are exploring the possibility of creating a new digital currency that can safeguard the sterling and improve the UK payment system.
“We’re launching a new taskforce between the Treasury…
The European Central Bank has spawned so many memes over the years, I can understand why people think it’s a laughing stock. Central banks in general get a bad rap.…
The COVID-19 pandemic has dealt a severe blow to the UK economy and increasing COVID-19 numbers coupled with the financial strain the regional power is experiencing from Brexit has led…
Thailand has been leveraging on blockchain technology in the issuance of government bonds, as announced by the Ministry of Finance. In June, a digital wallet called the ‘SBM Wallet’ was…
According to Bloomberg, the UK’s central bank, the Bank of England (BoE) is seriously considering a central bank digital currency. At this point, the bank remains undecided on whether it…
Ray Dalio, Bridgewater Associate’s founder and chief investment officer has shared his perspective of the world economy with Bloomberg and stated that the capital market is “no longer a free…
The Central Bank of Myanmar (CBM) is attempting to ban cryptocurrency trading and does not recognize crypto as an official currency.
The centrally planned economy proved effective in only one thing, the destruction, and degradation of society, the economy, and the body politic. So what makes central banks think that issuing…