Bitcoin can’t help bank the unbanked claims Mastercard CEO
The CEO of Mastercard believes Bitcoin is too volatile and opaque to drive financial inclusion, however, CBDCs are a different story. Go to Source Powered by WPeMatico
CBDC
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BoE hasn’t ‘made any decision’ regarding a CBDC, says fintech director
“We will continue to explore the pros and cons of CBDC,” said Tom Mutton. Go to Source Powered by WPeMatico
Central bank digital currencies have the power to upend global finance
Central bank digital currencies will fundamentally change our conceptions of money and its uses. Go to Source Powered by WPeMatico
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts. Go to Source Powered by WPeMatico
Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos
The Governor of the Central Bank of Kenya told reporters the institution is “already feeling left out.” Go to Source Powered by WPeMatico
Digital yuan will work with WeChat and Alipay, says bank exec
Details regarding the digital yuan’s characteristics are taking shape. Go to Source Powered by WPeMatico
Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’
Abra’s CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs. Go to Source Powered by WPeMatico
China’s central bank lays regulatory foundation for CBDC
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties Go to Source Powered by WPeMatico
Digital ruble must ensure privacy, not anonymity: Russia’s central bank
Russia’s digital ruble will not have the same level of anonymity as cash, says official. Go to Source Powered by WPeMatico
Russia doesn’t need to be first with a digital currency, says state expert
Russia is purportedly taking a fast-second strategy for the digital ruble. Go to Source Powered by WPeMatico
