Christine Lagarde, managing director and chairwoman of the International Monetary Fund (IMF), has encouraged the “exploration” of central bank digital currencies (CBDCs) in the light of decreasing demand for cash…
Continue ReadingChristine Lagarde, managing director and chairwoman of the International Monetary Fund (IMF), has encouraged the exploration of a central bank digital currency (CBDC) in the light of decreasing demand for…
Continue ReadingRussia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying…
Continue ReadingA report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That…
Continue ReadingA new IBM research report finds most polled central banks believe they should issue a wholesale central bank digital currency (CBDC), although they remain uncertain if blockchain can live up…
Continue ReadingAdvertisement Australia is not likely to see a central bank digital currency (CBDC) any time soon as the country’s reserve bank is of the view that the existing system ‘works…
Continue ReadingThe European Central Bank is not yet ready to issue its own cryptocurrency, but it does not deny the importance of knowing the potential of this type of technology. That…
Continue ReadingAdvertisement The Central Bank of Curacao and Sint Maarten (CBCS) has announced a partnership with blockchain technology firm Bitt aimed at exploring the issuance of a digital currency for Curacao…
Continue ReadingThe Bank of Thailand (BoT) – the country’s central bank has announced that it has made significant progress on its cryptocurrency pilot program. The country’s apex bank’s planned completion date…
Continue ReadingIn an announcement on Tuesday, the Bank of Thailand outlined a preliminary roadmap for ‘Project Inthanon’, its central bank digital currency (CBDC) initiative. The Bank of Thailand (BoT), the country’s central…
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