Crypto knocking on the WEF’s door: The view from Davos
A look back on the week that was the World Economic Forum and how crypto might have stolen the show.
Auto Added by WPeMatico
A look back on the week that was the World Economic Forum and how crypto might have stolen the show.
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control.
The Chinese authorities will reportedly give away 30 million yuan ($4.5 million) in e-CNY to Shenzhen’s residents on Monday in a bid to boost its pandemic-hit economy. The latest endeavor…
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new…
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it…
The Republican senators – Mike Braun, Tom Cotton, and Marco Rubio – introduced draft legislation focused on the Chinese digital yuan. The lawmakers are against the financial product and believe…
Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC.
The Thai authorities are reportedly not rushing to push a retail-oriented central bank digital currency (CBDC). Bank of Thailand’s Governor explained the country has numerous alternative payment options. The Need…
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The…
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold…