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.
The state-backed digital currencies can disrupt the financial systems. Though CBDCs can help Central banks to address the decline in cash payments, some.
Hong Kong is about to expand Pilots for cross-border use of the digital yuan. According to the Hong Kong Monetary Authority, the first.
To fuel the CBDC development in the Chinese landscape, Agricultural Bank of China launches the testing of digital yuan ATMs.