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Browsing: Digital Currencies – CBDC
The Bank of Canada, the country’s central bank, and the Massachusetts Institute of Technology (MIT) have agreed to collaborate on…
Ghana wants to ensure its digital currency would function on a widely popular payment platform run by mobile-phone service providers.…
Advocates see lower-cost transactions and greater access to the financial system, but critics worry about privacy. The world’s reserve currency…
Jamaica plans to give $16 of free money to the first 100,000 citizens who use its soon-to-be-launched Jam-Dex digital currency.…
DCash — the digital version of the Eastern Caribbean dollar used by eight island nations — resumed functioning Wednesday after…
Excited About a Digital Dollar? Not So Fast
President Joe Biden’s effort to craft a U.S. strategy for cryptocurrencies has highlighted a big question: Should the Federal Reserve enter the…
Brazil’s central bank revealed today that it has picked nine projects to move forward in its quest to develop a…
President Nicolas Maduro announced a 18-fold increase in Venezuela’s monthly minimum wage to roughly 126 bolivars ($28) by pegging it…
Banks must send messages to move funds. Sanctions against Russia underscore the need for Beijing to cut the cord to…
Members of the Mexican Bank Association have stated their intention of helping the central bank of the country in the…