The U.S. Treasury said on July 7 that it had delivered a framework to President Joe Biden for international engagement and an inter-agency approach to address the risks and benefits ...
Cryptos pose huge risks to financial stability. However, central bank digital currencies (CBDCs) can help resolve issues such as bringing the poor into the financial system and cutting transaction costs, ...
Millions of people in different parts of the world lead limited economic lives, but opportunities to enter the digital economy are now coming to most of them. Accessible services, financial ...
The Bahamas has set out a digital asset strategy in their whitepaper that will enable the residents of the country to pay their taxes using cryptocurrency. After the launch of ...
A new report from Citi shows that the Metaverse economy might be worth up to $13 trillion by 2030 while everything that counts as money in this generation of the ...
Swift banking cooperative is expected to explore the ways it can use to support interoperability in the development of the tokenized asset market. The firm is working in conjunction with ...
In an event that was streamed live on November 24, Bank of England governor Andrew Bailey together with deputy governor for financial stability Sir Jon Cunliffe answered many questions from ...
Zimbabwe's Minister of Information has publicly dismissed continuing rumors that the African nation might be considering the adoption of Bitcoin (BTC) and cryptos. Instead, Minister Monica Mutsvangwa insisted that the ...
The Central Bank Digital Currency (CBDC) development in Hong Kong reached a milestone after the monetary authority successfully introduced its Whitepaper document. Following an extensive collaboration with the BIS Innovation ...
In case the US is not yet ready for central bank digital currency (CBDC), it will remain on the sidelines of financial and tech innovations. In this world of CBDC, ...
