Tag: CENTRAL BANK DIGITAL CURRENCIES (CBDCS)
Blockchain in Invoice Financing: Transforming Cash Flow Management for Businesses
Blockchain, at its core, is a decentralized and distributed ledger that
records transactions across multiple computers in a secure and transparent
manner. When applied to invoice...
Breaking News
Chinese Government Launching National Blockchain Innovation Center
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of...
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation...
The Bank of England and the United Kingdom’s Treasury are working on a digital asset
The Bank of England (BoE) and the Treasury of the United Kingdom are moving on with plans to establish a digital currency that might...
Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar”...
BIS Project ‘Pyxtrial’ Developing Tool to Monitor Stablecoin Reserves
The Bank for International Settlements (BIS) plans to sharpen its focus on stablecoins and Central Bank Digital Currencies (CBDCs) in 2023, with the goal...
Digital Pound Could Be a New Form of Payment: UK Finance Minister
As per emerging reports, the Bank of England has resolved to commence work on developing the Digital Pound for future usage. The...
Why the cloud will be critical to US competitiveness in world finance
The Russo-Ukrainian war has bred an opportunity for stablecoins to be used as a store of illicit value as well as a store of...
Poundtoken and BitcoinPoint will make the country’s first 100% backed GBP stablecoin
Because to a cooperation between Poundtoken and BitcoinPoint, the first 100% backed GBP stablecoin in the nation, denoted by the symbol $GBPT, will be...
Elon Musk downplays CBDC conspiracy chatter
Elon Musk brushed aside talk of a conspiracy involving Central Bank Digital Currencies (CBDCs), alluding to market forces controlling the outcome.Specifically, when asked if...
Montenegro Joins Hands With Ripple To Pilot First National Digital Currency — Huge Boost to XRP?
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Ripple, the digital payment network, has partnered with Montenegro to help the small Southeast European nation develop its digital currency. The...
A crypto regulatory storm front is coming in 2023. Are we ready for it?
After the spectacular crash of Sam Bankman-Fried’s FTX and its associated organizations, financial regulators worldwide have to keep their attention on two places at...
Ripple Leads the Way in Creating First Digital Currency for Montenegro
Recently, Dr. Dritan Abazović, who has been the prime minister of Montenegro since 28 April 2022, reported on his meeting with two executives from...
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