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The nominee for the Federal Reserve looks to Congress for guidance...

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The US Federal Reserve is deferring to Congress on whether or not to introduce a central bank digital currency (CBDC). That's, according to Lael...

The Reserve Bank of New Zealand has issued an issue paper...

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The Reserve Bank of New Zealand (RBNZ) has released an issue paper on central bank digital currencies (CBDC). The Statements of The Reserve Bank The article...

e-RUPI: Everything You Need to Know About the Digital Payment Solution...

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e-RUPI is India's first step towards having a digital currency. Prime Minister Narendra Modi introduced e-RUPI, a person and purpose-specific digital payment system, at 4:30 pm...

Is Digital yuan a surveillance tool for the government?

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According to Yao Qian, the People's Bank of China director, China's digital Yuan utilizing smart contracts. Moreover, it will be built to counter Alipay-like...

According to Federal Reserve, Governor United States must win the CBDC...

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The federal reserve governor has argued that the United States must be at the forefront of developing the central bank-issued digital currency. It is...

CBDC could pose a threat to the financial system

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The state-backed digital currencies can disrupt the financial systems. Though CBDCs can help Central banks to address the decline in cash payments, some risk...

The third-richest Arab country joins hands with JPMorgan Chase.

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The central bank of Bahrain and JP Morgan are going to work on a digital currency settlement pilot. Bahrain's Central Bank expects digital currency...

China’s ongoing development of the digital yuan

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Hong Kong is about to expand Pilots for cross-border use of the digital yuan. According to the Hong Kong Monetary Authority, the first phase...

Alipay is testing Digital Yuan

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Alipay is all set to allow its users to test China's digital Yuan. This China's e-payment giant allows some of its users to link...

Bahamas To Launch Digital Currency To Maintain Connectivity

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The central bank of Bahamas is set to launch its own digital currency to maintain connectivity in far-flunged island and beaches. In the process...

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