The nominee for the Federal Reserve looks to Congress for guidance on the US digital currency
The US Federal Reserve is deferring to Congress on whether or not to introduce a central bank digital currency (CBDC). That’s, according to.
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The Reserve Bank of New Zealand has issued an issue paper on digital money
The Reserve Bank of New Zealand (RBNZ) has released an issue paper on central bank digital currencies (CBDC). The Statements of The Reserve.
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e-RUPI: Everything You Need to Know About the Digital Payment Solution Launched Today
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.
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Is Digital yuan a surveillance tool for the government?
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.
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According to Federal Reserve, Governor United States must win the CBDC race.
The federal reserve governor has argued that the United States must be at the forefront of developing the central bank-issued digital currency. It.
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CBDC could pose a threat to the financial system
The state-backed digital currencies can disrupt the financial systems. Though CBDCs can help Central banks to address the decline in cash payments, some.
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The third-richest Arab country joins hands with JPMorgan Chase.
The central bank of Bahrain and JP Morgan are going to work on a digital currency settlement pilot. Bahrain’s Central Bank expects digital.
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China’s ongoing development of the digital yuan
Hong Kong is about to expand Pilots for cross-border use of the digital yuan. According to the Hong Kong Monetary Authority, the first.
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Alipay is testing Digital Yuan
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.
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Bahamas To Launch Digital Currency To Maintain Connectivity
The central bank of Bahamas is set to launch its own digital currency to maintain connectivity in far-flunged island and beaches. In the.
