The Reserve Bank of India is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased manner for the wholesale and retail segments, an official...
Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up wholesale payments, a think tank said. Global rules would allow central bank digital currencies...
The article by World Economic Forum in partnership with IMF Blog discusses why African central banks like that of Nigeria, South Africa and Ghana explore and pilot digital currencies....
In an effort to improve the its digital currency, eNaira, after it been ranked number one global retail CBDC, the Central Bank of Nigeria plans to introduce the Unstructured...
Like JPMorgan, a global investment bank and financial services company in 2020 announced its own crypto, JPM Coin, also based on blockchain technology and enabling payments between institutional clients,...
In a new paper by the Central Bank of Canada, estimates the effect of Bitcoin ownership on the level of cash holdings of Canadian consumers. The study results point...
In a new Fintech note by IMF on “Digital Currencies and Energy Consumption” noted Central Bank Digital Currencies Design(CBDC) choices have implication on energy consumption. This paper describes how...
Mastercard and Saudi Arabia-based HyperPay teams up to offer advanced new technologies to enhance cash-based payments for businesses, governments and SMEs across Middle East and North Africa (MENA). HyperPay...
Stablecoins that are not backed by assets to support them are a pyramid scheme, the head of the International Monetary Fund said Monday, hinting at the collapse of terraUSD...