CBDCs
Central Banks Exploring CBDCs, Digital Currencies Inevitable: New Report.
Over 100 central banks around the world are keen to explore central bank digital currencies (CBDCs). This is up from 35 in May of 2020. Analysts from the Bank of…
Canada Government in Talks with Crypto Industry Stakeholders over Digitalization of Money.
The Canadian government is consulting with crypto industry stakeholders to address the digitalization of money. It wants to establish a financial sector legislative review to examine the digitalization of money.…
U.S Banks With NYIC Launch ‘Regulated Liability Network.
Members of the U.S banking and payments community in collaboration with the New York Innovation Center (NYIC) have launched the “Regulated Liability Network” (RLN), a proof-of-concept digital money platform. The…
U.S. Giant Banks Launch Digital Dollar Blockchain.
In the month of September, the US Treasury Department advocated for issuing the digital dollar. According to Reuters reports, The Regulated Liability Network, a proof-of-concept digital currency network, was launched…
Brainard testifies before a House committee on CBDC’s possible role and the future of stablecoins.
Cryptocurrencies have always been a politically charged subject in the United States, if not the world. However, not every US official is on the other side of the fence. While…
Will CBDCs make cross-border payments easier?
In the current environment, the central bank has been increasing its focus on CBDCs, or central bank digital currencies. Currently, across the world, CBDCs are used more often in domestic…
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