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The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart.
A meta blockchain project says its new take on decentralization offers unlimited scalability and direct peer-to-peer transactions.
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said.
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies.
FinTell Completes B+ Round of Financing led by Youshan Capital On June 15th, Fintech startup FinTell announced the completion of USD tens of millions B+ round of financing. The investment was led by Youshan Capital with participation from Telstra. FinTell is “a one-stop high-end Fintech
Analysts note that the occupied territories' macroeconomic and political conditions don't allow for a digital currency to operate as a means of exchange but stress its potential value at a symbolic level.
The Banque de France or Bank of France, the central bank of France, has prospered in undertaking an experiment on using a central bank digital currency (CBDC) to issue a French government bond.
Global economists continue to question the implications of blockchain implementation for central bank digital currencies.
The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international coo
BTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.
The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system.