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Category: digitalization
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5 ways CBDCs could impact the global financial system
CBDCs could revolutionize the financial system by increasing efficiency, transparency and financial inclusion while reducing the use of cash.
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Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
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China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan
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Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments
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Retail Crypto Adoption Advances Amid Pandemic as Acceptance and Fungibility Broaden Value
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Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. The Fed Chair says as far as a U.S.-issued CBDC […]
The post Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications appeared first on Bitcoin News.
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European Banks Struggle With Low Interest Rates and Strict Regulations
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019. Historically low interest rates, new regulatory hurdles and competition from […]
The post European Banks Struggle With Low Interest Rates and Strict Regulations appeared first on Bitcoin News.
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