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Debt ceiling uncertainty erodes trust in the dollar, the DOJ announces the National Cryptocurrency Enforcement Team and the SEC investigates Circle.
Blockchain technology promises to be the foundational network layer for many systems underpinning successful smart cities.
The study is said to begin as early as this month, but a launch of CBDC remains unsure
Settling FX trades can lead to significant principal risk exposures when one counterparty to a trade sends a currency payment to the other counterparty before receiving the currency it is buying. Payment-versus-payment (PvP) mechanisms, which ensure that the final transfer of a payment in one currency occurs if and only if the final transfer of a payment in another currency or currencies takes place, can significantly mitigate principal risk.
The National Bank of Georgia is set to launch a pilot program for its Central Bank Digital Currency (CBDC) dubbed the Digital Lari by 2022.
Speech by Benoît Cœuré, Head of the BIS Innovation Hub, at the 23rd Geneva Conference on the World Economy, Geneva, 7 October 2021.
Hedge fund manager Ken Griffin singled out crypto as a threat to the U.S. dollar and stated, “I wish all this passion and energy that went to crypto was directed towards making the United States stronger.”
The Hong Kong Monetary Authority (HKMA) has published a Whitepaper to discuss the technical consideration of its proposed CBDC dubbed the e-HKD.
Kristalina Georgieva said that stablecoins "fill the digital gap in privately issued money," but labeled Bitcoin and other cryptocurrencies as assets rather than a form of money.
The US Federal Reserve is poised to publish a report on the possibility of a central bank digital currency or CBDC. The concept has been bandied about by central bankers for several years now as policymakers seek to assess the benefits, and potential pitfalls, of
Visa is rolling out a new interoperability feature facilitating digital currency payments among different parties. Visa aims to establish a bridge payment between digital currencies on the blockcha
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022.
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.
In coexistence with mutual benefits, decentralized finance and central bank digital currencies will finally make money universally available worldwide.
The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.