Ghana Joins the Bandwagon — Plans for CBDC, Still Wary of Crypto
Ghana’s financial institutions and regulators remain apathetic to crypto despite plans to test a pilot central bank digital currency in 2020 Go to Source Powered by WPeMatico
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Bank for International Settlements Exec Shows New Fondness for CBDCs
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities Go to Source Powered by WPeMatico
Steven Mnuchin Does Not Expect US to Issue Digital Dollar in Next 5 Years
U.S. Treasury Secretary Steven Mnuchin says he and the Federal Reserve chairman see no need for the country to issue a digital dollar Go to Source Powered by WPeMatico
No Demand for a State Digital Currency in Japan: Central Bank Governor
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda Go to Source Powered by WPeMatico
British Virgin Islands Announce US Dollar-Backed Digital Currency
The British Virgin Islands announced that crypto firm LifeLabs is developing a U.S. dollar-backed stablecoin for the territory Go to Source Powered by WPeMatico
US Fed Weighs Up Potential CBDC as Countermove Against China
Fed Chairman Jay Powell puts the agency’s economic theories on display in a recent letter to U.S. representatives asking: “What about a USD stablecoin?” Go to Source Powered by WPeMatico
Exclusive: ‘Nothing Is Above Bitcoin, No CBDC, No Stablecoins,’ Says Blockstream CEO Adam Back
Just wait until you hear what he has to say about Libra Go to Source Powered by WPeMatico
Tunisia Denies CBDC Reports: Here Is How the False News Spread
The Tunisian CBDC situation has been a mess. It started with fake reports run by Russian media, possibly caused by a Russian startup exaggerating its partnership with the Tunisian government Go to Source Powered by WPeMatico
Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?
With major tech firms shifting their focus to finance, what does this mean for the future of crypto and the wider financial system? Go to Source Powered by WPeMatico
Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies
Former Fed chair Alan Greenspan has argued there’s “no point” for central banks to issue central bank digital currencies Go to Source Powered by WPeMatico