Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May...
India’s central bank wants its digital currency to be available without internet access. “One of the key features of cash is that it works offline,” Reserve Bank of India (RBI) Governor Shaktikanta Das said at a Monday (May 6) Bank for International Settlements summit. “We are working on making...
Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if the central bank business model” were “destroyable or not, I would have said no,” Joachim Nagel said on Monday at a Bank...
The Swiss National Bank (SNB) is conducting a pilot project that has used wholesale central bank digital currency (CBDC) and successfully settled four tokenized bond issuances and one secondary market transaction. Project Helvetia III, which was launched in December, is testing tokenized central bank money for wholesale use and...
February 21, 2024
In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may have to play a bit of catch-up. In addition, per the European Union’s inclinations, the CBDC would be best suited as a payment vehicle, not as an investment holding — […]
February 06, 2024
In recent years, the Asia-Pacific (APAC) region has emerged as a driving force in the digital payments space, with the region’s rapid technology adoption and changing consumer behaviors positioning it...
January 18, 2024
Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings are also a favorite of...
September 05, 2023
As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants and inclusion. “There are many...
May 24, 2024
The U.S. House of Representatives passed a bill Thursday (May 23) that would stop bureaucrats from issuing a central bank digital currency (CBDC) without explicit authorization from Congress. The CBDC Anti-Surveillance State Act (H.R. 5403) passed by a vote of 216 to 192, with 213 Republicans and three Democrats voting to approve it, according to […]
May 06, 2024
India’s central bank wants its digital currency to be available without internet access. “One of the key features of cash is that it works offline,” Reserve Bank of India (RBI) Governor Shaktikanta Das said...
May 06, 2024
Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if the central bank business model”...
May 06, 2024
The Swiss National Bank (SNB) is conducting a pilot project that has used wholesale central bank digital currency (CBDC) and successfully settled four tokenized bond issuances and one secondary market transaction. Project...
