Singapore To Explore CBDC With China
Singapore’s central bank has announced that it is considering to join hands with China to explore central bank digital currencies (CBDCs). The bank is joined by the financial regulatory authority ...
Tag: Central banks
Libra And CBDCs Wrestle For Supremacy, Could Bitcoin Be The Darkhorse?
About a year ago, Facebook introduced its Libra token that had financial inclusion as its primary goal. After that announcement, many governments, policymakers, and central banks throughout the world were ...
Digital Euro Now Breathing At The Bank Of France
The crypto space is growing continually despite the current economic conditions. In that context, reports emerged on May 20 that the French central bank successfully tested a digital Euro. Based ...
CBDCs May Reshape The Future Of Financial World
In the past ten years, cryptocurrencies and digital assets have continually changed the global economic space. Now, investors and commentators are convinced that stablecoins and central bank digital currencies (CBDCs) ...
Gold Relentlessly Defends Its Highest Price In Over 7 Years
Gold seems to be doing superbly well amid the current coronavirus pandemic that is creating fear and chaos in the global markets. In that context, gold futures held their ground ...
E-Hryvnia Intimidates Banking System Landscape, Ukraine’s Central Bank
Despite undergoing extensive testing and research, the probability of a central bank digital currency (CBDC) still causes jitters among most of the bankers in Ukraine. The National Bank of Ukraine ...
Develop Digital Yen Now To Counter China’s Digital Yuan, Japanese Official Says
Since the unveiling of Facebook's Libra, the stablecoins world has developed rapidly. China was among the first nations to announce that it will create a digital Yuan. It hastened the ...
The Rise of Cryptos Causes a Consumer–Citizen Governance Dilemma
Two forces determine the state of a democratic country’s currency. They include the fiscal policy that is set by the nation’s ruling government and the monetary policy, which is determined ...
‘Parental Controls’ is Outdated for Crypto, Bank of Lithuania Says
The Bank of Lithuania stated that central banks’ “parental controls” are now superseded with regards to cryptocurrency assets. However, that should not prevent the banks from entering the space to ...
Argentina’s BTC Trading Explodes After Central Bank Prohibits Bitcoin Buys
The Bitcoin price has been on a rollercoaster in recent weeks. The bears and bulls keep exchanging the stewardship of the market. As the markets remain choppy, BTC trading set ...