Swift, the global financial messaging cooperative, revealed that the latest round of experiments conducted within a collaborative Central Bank Digital Currency (CBDC) sandbox has...
In a March 7 hearing of the U.S. Senate Banking Committee (“Semiannual Monetary Policy Report to the Congress”), Federal Reserve Chair Jerome Powell offered...
US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC).Powell...
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has initiated “Project Ensemble,” a wholesale central bank digital currency (wCBDC) project designed to...
In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for its forward-thinking approach to...
The Chinese Ministry of Industry and Information Technology has issued a warning about a counterfeit digital yuan application that is deceiving users by mimicking...
Central Bank Digital Currencies (CBDCs) are digital forms of a country’s fiat currency, issued and regulated by the nation’s central bank. Unlike decentralized cryptocurrencies...