Her Majesty’s Treasury and the Bank of England have revealed the establishment of a central bank digital currency (CBDC) taskforce. According to the announcement, the
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UK government establishes central bank digital currency task force
The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency.
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US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the
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Jamaica’s central bank taps Irish tech outfit for CBDC project
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May.
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