China Launches Digital Bank Consortium Blockchain Investment Fund
A fintech company in China has launched a global digital bank consortium blockchain investment fund with the aim of creating ...
Tag: CBDC
IBM: Central Banks Will Launch Digital Currencies Within 5 Years
Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, ...
China Digital Currency Will Replace SWIFT: Huang Qifan
China’s plans to create a sovereign digital currency might be aimed towards eradicating the need for U.S.-controlled payment systems like ...
Bank of Canada to Fight Crypto with Own Digital Currency
The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according ...
China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?
China's Government and Central Bank just can't seem to align on the proposed central bank digital currency (CBDC). On Tuesday, ...
BIS Chief Doesn’t Want Central Banks To Issue Cryptocurrency
BIS (Bank of International Settlements) General Manager, Agustin Carstens, has been at it again. This time arguing against Central Bank ...
BIS Reports 70% of Central Banks Are Studying Cryptocurrencies
A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying ...
Bank of Korea Not Yet Ready for a Central Bank Digital Currency
Following an earlier announcement that South Korea was considering the introduction of a Central Bank Digital Currency (CBDC), the country’s ...
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