CBDC

ECB in a Report Says that Stablecoins’ Name is Misleading and Shall be Renamed

European Central Bank (ECB) in their recent report of September said the term ‘stablecoin’ to be potentially misleadingEurozone’s primary financial institute mentioned...

China-Japan in Race to Development of CBDC

China had already started conducting pilot runs for its Digital Yen in April 2020Japan too has decided to join the race and...

Bank of England Says That Cryptocurrencies are Unsuitable for Payment

The Bank of England has updated its stance regarding cryptocurrency regulation.A virtual meeting was arranged by Brooking Institute where the governor of...

Brazil Explores the Benefits of Central Bank Digital Currency

Brazil too has decided to jump in the race with Brazil's Central Bank or Banco Central do Brasil (BCB) establishing a group...

China’s Digital Yuan in the 2022 Winter Olympic Games

China has been conducting extensive tests on digital currency and it plans to use it during the 2022 Beijing Winter Olympics scheduled.The...

Qatar Moves Forward With its National Financial Technology Strategy

The COVID-19 pandemic has trembled the economical status of many nations.Qatar's Fintech strategy widely involves the issuance of a central bank digital...

Digital Dollar a Potential Competition to Bitcoin, Predicts Raghuram Rajan

Cryptocurrency Bitcoin and Libra by Facebook could also play a role even if central banks start issuing their own digital currencies, says...

Former RBI Governor Raghuram Rajan comments on Bitcoin having a place with CBDCs

Former RBI Governor and economist says Libra and Bitcoin will play part in CBDCsThe banker who predicted the 2008 crisis compares Bitcoin...

Bank of England to hold Meeting on Central Bank Digital Currency

Bank of England and other central banks will consider application and designs for a CBDC on August 19Hosted by Official Monetary and...

Thailand’s Central Bank Considering DeFi Use For Digital Baht

The Central Bank of Thailand is exploring the option of digitizing its national currency Thai BahtDeFi industry has been making waves due...