Fed’s Powell Says He’s Also Worried About Debanking That Strained U.S. Crypto
Fed Chair Jerome Powell expresses concerns over the debanking issues affecting the U.S. cryptocurrency sector, highlighting the potential risks...
Trump’s Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto
Explore the implications of Trump's Treasury Secretary Bessent's recent approval, as it signals a potential focus on tax reforms...
Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
The introduction of national digital currencies could have "major implications" for the business model of central banks and the...
Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over...
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector...
South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such...
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by...
Mastercard Says Customers Are Too Comfortable With Today’s Money for Adoption of CBDCs: CNBC
The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.
Singapore Central Bank to Start ‘Live’ Wholesale CBDC Trials
The trials are part of a broader initiative to set up infrastructure for digital money transfers, including tokenization of...
CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign...
Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment
The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025.
Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said.
U.S. CBDC Is Unlikely in the Near Term: Bank of America
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch...
New Step in Crypto Revolution! Mastercard is on the agenda with this development
There is enthusiasm in the cryptocurrency world. Accordingly, Mastercard successfully completed the CBDC pilot project together with the Reserve...
The Move That Will Make a Sense in the Crypto World Comes from This Country
South Korea is taking an important step in the cryptocurrency world. Accordingly, there is a cooperation. The Central Bank...
BIS Chief Calls on Countries to Set Up CBDC Legislation
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of the...