The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers Go to Source Powered by WPeMatico
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China’s Digital Yuan Reportedly to Test in Four Cities
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities Go to Source Powered by WPeMatico
Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so Go to Source Powered by WPeMatico
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion Go to Source Powered by WPeMatico
Looking Into the History of Stablecoins to Understand the Future of Money
Cryptocurrencies have different development paths, while stablecoins could become the most prominent technological response to the future of money Go to Source Powered by WPeMatico
Deutsche Bank Analyst Expects Central Bank Digital Currencies to Appear in 3 Years
The discussions pertaining to centara bank digital currencies, or CBDCs, are far from over it seems. Deutsche Bank analyst Marion Laboure has very high hopes for this field of research. Numerous banks would love to create a digitized version of their fiat currency. Central Bank Digital Currencies in 3 Years? Doing so is not difficult, … Read more
Coronavirus Crisis Accelerates CBDC Race, Cash No Longer Untouchable
Cash is no longer king due to the coronavirus outbreak — CBDCs might become the new medium, as the race to release the first digital currency intensifies Go to Source Powered by WPeMatico
Petro Couldn’t Save the Cartel of the Suns Conspiracy From the Sting of Sanctions
The international sanctions effectively acted as an embargo isolating Venezuela economically, and Petro cannot help Maduro save the country’s economy Go to Source Powered by WPeMatico
France’s CBDC Test Moves Digital Euro One Step Closer to Reality
France has unveiled plans for a CBDC, but how will it affect the cryptocurrency industry and broader financial ecosystem? Go to Source Powered by WPeMatico
Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon
The digital dollar may become a reality soon, but there are two different ways to bring it about. Which one will prevail, and how soon will it be? Go to Source Powered by WPeMatico