China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as
Read moreFederal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency
Read moreEvery Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He
Read moreFederal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the
Read more81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched
Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in
Read moreIMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital
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