Despite the various advances that have been made in technology, the concept of cross border payments remains almost impossible for billions of people in the...
Tag - CBDC
Read all the latest news about Central Bank Digital Currencies (CBDCs). A CBDC is a cryptocurrency released by the central bank either for internal use or for public adoption.
The Bank of Russia has recently announced that it is considering creating its own central bank digital currency (CBDC), the digital ruble. In a Public...
A senior official of Japan’s ruling party has urged the country’s regulators to revise laws to allow the Bank of Japan to develop a Central Bank...
A group of central banks, in collaboration with the Bank for International Settlement (BIS), has published a report, stating how Central Bank Digital...
The Bank of Korea (BOK) has announced that it will launch a pilot program to issue a Central Bank-backed Digital Currency (CBDC) by 2021. According to sources...
Why the risk of inaction is greater than the risk of innovation for African Central Banks financial institutions. Recent reports written by central banks and...
Having launched its digital currency, the Sand Dollar, in December 2019, the Bahamas could reach a new milestone by becoming the first country to roll out a...
The pandemic that has wreaked havoc on countries globally has forced most financial institutions to think of ways to cushion the challenges that may arise in...
As the adoption of cryptocurrencies and blockchain technology goes mainstream, central banks of various countries mull over issuing a government-backed...
China’s plans for digital currency are on the pace, and the country tries to test the concept on as many platforms as possible. The testing phases are...
