But one of the biggest ways that blockchain is changing finance is through the proliferation of CBDCs. Blockchain makes Central Bank Digital Currencies (CBDCs) possible by...
Singapore's DBS has implemented a payments collection and settlement service for Chinese merchants that handles transaction in the country's retail central bank digital...
The central banks of Hong Kong and the United Arab Emirates have announced plans to strengthen their financial cooperation—and work together on regulating virtual...
State employees in Changshu, a city in China’s Jiangsu Province, will receive their salaries in digital yuan from May, as China’s central bank digital...
Ad Central Bank Digital Currencies (CBDCs) are similar to decentralized cryptocurrencies such as Bitcoin, except they centralize power and influence to a single entity...
Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations...
A recent study conducted by the analytics company Juniper Research estimated that payments via central bank digital currencies (CBDCs) could reach $213 billion...
By Amaka Nwaokocha
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
WeChat,...
Executive Summary: According to the Atlantic Council’s Central Bank Digital Currency (CBDC) tracker, 114 countries are exploring a CBDC. Among them, 39 countries are...
