Auto Added by WPeMatico
Kristalina Georgieva said that stablecoins "fill the digital gap in privately issued money," but labeled Bitcoin and other cryptocurrencies as assets rather than a form of money.
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may…
Following a collaboration with the BIS Innovation Hub, the Hong Kong Monetary Authority (HKMA) released a technical Whitepaper on retail CBDC, called “e-HKD: A technical perspective.” The financial institution expects…
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022.
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to…
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will…
In coexistence with mutual benefits, decentralized finance and central bank digital currencies will finally make money universally available worldwide.
eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions.
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.