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Economists at Central Bank of Colombia consider design choices and how they may affect the economy
The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website.
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
BCB expected to launch digital currency in 2024
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
Central bank digital currencies have turned out to be a popular talking point among the American public, garnering takes from comedians, rappers and presidential candidates alike.
According to Olga Skorobogatova, first deputy governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project.
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDC and targets Japan, India, China and Southeast Asia.
Previously commonly referred to as the “digital real,” the Brazilian central bank digital currency gets its official brand name.
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed central bank digital currency.
The crypto asset manager looked at the leading U.S. presidential candidates’ positions and did not see a partisan divide.
From 2025 business-to-business transactions will cost $0.16 each, while individual customers will pay 0.3% of the total transaction sum when transferring to commercial accounts.
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency.
PArSEC — short for “parallelized architecture for scalably executing smart contracts” — runs on the ERC-20 standard, so it could have other applications, too.
The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal.